362 Liverpool Street, West Hobart TAS 7000
362 Liverpool Street, West Hobart TAS 7000
Detached house on 481m² | larger block than nearby stock | city-fringe residential pocket | strong school catchment | off-market opportunity
This is a genuinely useful block size for West Hobart, where much of the immediate street sample is made up of smaller renovated cottages and apartments. At 481m², the house offers more outdoor space, better separation from neighbours, and greater flexibility for future extension or landscaping than many of its neighbours. It sits within the Goulburn Street Primary School intake, which adds practical appeal for families, and the absence of bushfire, flood, or heritage overlays reduces planning friction. The property last changed hands in 2017 for $281,000, so any current owner has held through a period of substantial price growth in the suburb. This house will most suit an owner-occupier wanting a city-fringe home with room to breathe, or a buyer prepared to invest in updates and capture the location premium.
The main value considerations may centre on the condition and presentation of the house, which are not documented, and the extent to which the internal layout matches current buyer expectations. West Hobart’s older housing stock often involves steep sites, limited parking, and dated finishes, so the practical usability of the 177m² floor area will matter. Renovated character houses nearby have attracted strong asking prices, but that assumes a certain standard of finish and amenity. The property’s final value may also be influenced by how much work a buyer is willing to take on, and how the house compares to more polished offerings in the immediate area.
Detailed Independent Property Report prepared by PropCred Analyst team for 362 Liverpool Street, West Hobart TAS 7000
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
1
Income Risk
1
Execution Risk
1
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Market Insight
West Hobart, positioned close to central Hobart within Greater Hobart, offers strong connectivity to the CBD and major transport corridors. Demand is driven by tight housing supply and an undersupplied rental market, attracting a mix of owner-occupiers and investors. House prices are around $950,000, with annual growth reported between 1.3% and 8.3%; units trade near $600,000–$631,500 after annual declines of 3.5%–13.5%. Houses sell in a median 20 days, with 67–82 sales annually. Rental yields are modest: 3.67% for houses and 4.3%–4.7% for units. The 2026 infrastructure program, worth $1.8 million, will add 86 units, 7 townhouses, and 45 dwellings, potentially easing price pressure. Affordability constraints, borrowing costs, and new supply are the key risks.
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PropCred Estimated Value
Comparable Sales: 365 Liverpool Street – renovated 2-bed on 214m², listed at $1.085M; 6/179 Liverpool Street – studio apartment sold $385,000 | Property Price Band: $800K–$900K | Value Drivers: land size, condition and renovation level, location within school catchment
Bedrooms
3
Bathroom
2
Parking
2
Land
481m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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