4/11 Lynton Avenue, South Hobart TAS 7004
4/11 Lynton Avenue, South Hobart TAS 7004
Ground-floor character apartment | Leafy outlooks | Strong rental yield | Flood overlay present
This property offers a rare combination of original character and modern functionality in a tightly held South Hobart location. The timber floors, decorative fireplace, and large windows with leafy views create a distinctive appeal that newer builds cannot replicate, while the renovated bathroom and reverse-cycle air conditioning remove the most common buyer objections for a 1937 build. At 67 square metres with off-street parking, the floorplan is efficient rather than generous, which suits first-home buyers seeking a city base or investors targeting the strong rental demand in this CBD-fringe pocket. The brick construction and low-maintenance layout reduce ongoing holding costs, and the rental estimates of $425–$510 per week support a yield above 5%, which is competitive for inner-city apartments in Hobart.
The primary risk is the flood overlay, which requires due diligence through council mapping and may affect insurance premiums or future resale appeal to cautious buyers. The property’s age means a professional building inspection is essential to assess the condition of the original fabric, particularly the roof and foundations. On the opportunity side, the asking price band sits below the Domain mid-estimate of $455,000, suggesting room for negotiation if the flood risk is managed or accepted. The 2020 sales history is not disclosed, but the upward trend in South Hobart apartment values supports long-term capital growth for a buyer who can look past the overlay. This property is best suited to a buyer who values location and character over a pristine risk profile.
Detailed Independent Property Report prepared by PropCred Analyst team for 4/11 Lynton Avenue, South Hobart TAS 7004
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
Income Risk
Execution Risk
1
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Market Insight
South Hobart presents as a well-established, professional suburb experiencing divergent market dynamics. While house prices have softened recently, the unit segment shows stronger growth, reflecting a competitive rental market with solid yields. Demand is anchored by local professionals and is reinforced by broader Hobart’s critically low listings and resilient buyer appetite for quality family homes. Future momentum hinges on sustained demand against ongoing supply constraints, though affordability pressures and sensitivity to financing costs present notable headwinds.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
78m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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