25/212 Collins Street, Hobart TAS 7000
25/212 Collins Street, Hobart TAS 7000
This is a modern two-bedroom, two-bathroom apartment built in 2016, positioned in Hobart’s inner-city core. The unit spans 100 square metres internally, placing it at the larger end for its type. There is no allocated parking. The property sits within a well-established apartment complex on Collins Street, a location that offers immediate access to the city’s amenities.
The property’s primary strength is its combination of generous internal space and a very recent build year, which is relatively uncommon in Hobart’s inner-city apartment stock. A 2016 construction means modern insulation, double glazing, and lower ongoing maintenance compared to older units in the same price bracket. This configuration best suits a professional couple or an investor targeting tenants who prioritise location and modern finishes over car ownership. The absence of parking is a genuine constraint, but for the right buyer—one who walks or cycles—this unit represents a cleaner, more efficient living proposition than older, larger apartments that require more upkeep.
The lack of parking is the single factor most likely to influence the property’s market performance. It may narrow the buyer pool and could result in a longer selling period or a price slightly below comparable units that include a car space. Buyers should weigh this against the benefit of a larger internal floor plan, which is a tangible advantage over many two-bedroom apartments in the same building. The modern build age also supports a lower body corporate risk profile, as major structural issues are less likely to emerge soon. These factors together suggest the price should reflect a discount for the parking deficit, but not a deep one, provided the unit’s internal condition is strong.
Detailed Independent Property Report prepared by PropCred Analyst team for 25/212 Collins Street, Hobart TAS 7000
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
2
Income Risk
Execution Risk
2
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Market Insight
Hobart’s central positioning offers a vibrant cultural scene and strong connectivity, attracting professionals and families. Investor activity is prominent, driven by a tight rental market and resilient demand amid significant supply constraints. While the house market has softened, units show stronger momentum, with affordability and critically low listings presenting both a key growth driver and a primary risk to future value.
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PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
-
Land
101m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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