5/66 Burnett Street, North Hobart TAS 7000
5/66 Burnett Street, North Hobart TAS 7000
brand-new 2023 build | 93m² two-bedroom apartment | premium inner-suburban location | no heritage or flood overlays | strong owner-occupier appeal
An unusually generous 93 square metres of internal space is offered by this apartment, configured as two bedrooms and two bathrooms, which is rare in newer-build stock and strongly appeals to downsizers and professionals seeking low-maintenance living close to the city. Built in 2023, it is positioned above typical North Hobart apartment product in terms of size and condition, making it well-suited for owner-occupiers who value modern finishes without heritage maintenance. The absence of overlay constraints supports straightforward ownership, while the high-amenity location near the city and lifestyle strip broadens its buyer base.
The property’s market position may be affected by the single car space, which is less generous than some lots in the same development, and the absence of confirmed aspect or finish details, which could narrow appeal if it faces less favourable orientation. A pricing ceiling might be provided by older apartment stock in the immediate area, but the newer build and generous internal dimensions should support a premium, provided the finish quality meets owner-occupier standards.
Detailed Independent Property Report prepared by PropCred Analyst team for 5/66 Burnett Street, North Hobart TAS 7000
Checks found:
Value Risk
✓
Liquidity Risk
✕
2
Planning Risk
✓
Income Risk
!
1
Execution Risk
✓
Insight: North Hobart TAS 7000
North Hobart is a premium inner-city suburb, characterised by tight supply and strong rental demand. Demand is driven by local families and professionals seeking its lifestyle and proximity to amenities, alongside investor interest. While the house market has softened, the unit segment shows resilience. Future growth is underpinned by its enduring appeal and connectivity, though affordability pressures and persistent supply constraints present key risks to broader market participation.
PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
1
Land
126m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst