3/5 Lynton Avenue, South Hobart TAS 7004

3/5 Lynton Avenue, South Hobart TAS 7004
Split-level townhouse | upper living with river views | two off-street parks | attached but low-maintenance | South Hobart edge The property holds a competitive edge through its split-level layout, with the living zone placed upstairs to capture an elevated river outlook that is rarely matched in attached housing. The combination of three bedrooms, two bathrooms, two off-street parking bays, and a private deck is seen as a practical alternative to apartment living, especially for households wanting house-like scale without the upkeep of a large block. Its position on the South Hobart side of the Lynton Avenue transition zone is considered desirable for access to both the village and Sandy Bay amenities. The townhouse is expected to suit downsizers, professional couples, and small families who value low-maintenance living in a tightly held inner suburb. Value may be shaped by the attached nature of the townhouse and its relatively small land component, which might limit appeal to buyers seeking a freestanding house. Recent short-term growth in the immediate street has been mixed, so price expectations should be formed with caution, although rental demand appears supportive. The presence of two parking spaces on title is considered unusual for this product type and may be viewed as a key differentiator when compared with older units. >> Comparable Sales: 4/11 Lynton Avenue sold $750,000; 3/1/4 property on Lynton Avenue traded at $905,000 | Property Price Band: $800,000-$900,000 | Value Drivers: upper-level river views, two on-title parking bays, low-maintenance townhouse layout
Detailed Independent Property Report prepared  by PropCred Analyst team for 3/5 Lynton Avenue, South Hobart TAS 7004
Checks found:
Value Risk ✓
Liquidity Risk ✕ 2
Planning Risk ✓
Income Risk ✕ 2
Execution Risk ✕ 2
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Market Insight

South Hobart’s $850,000 median house price is down roughly 3.5–6.3% annually, with just 48–60 sales, while units sit at $605,000 and rose 8.2%. Stock is critically low-Hobart house listings fell 28.5% year-on-year-and houses sell in a median 23 days, supporting a 3.8% gross yield. Demand is professional-led, high-income, and family-focused, with Hobart house sales 5.3% above the five-year average and up 37.1% in Q4 2025 on reduced rates. Rents are firmer, up 6.8% for houses. Planned 2026 supply-86 units, 7 townhouses, 45 dwellings-is below recent sales, but affordability constraints and financing-cost sensitivity remain the central brakes on price recovery ahead.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

279m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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