58 Salamanca Square, Battery Point TAS 7004
58 Salamanca Square, Battery Point TAS 7004
Late-1990s townhouse | Rare 162m² over 224m² | 2-bed 2-bath dual parking | Salamanca Square waterfront fringe | Low-maintenance prestige pocket
This townhouse sits within Salamanca Square’s late-1990s development, a rare pocket of modern, low-maintenance stock inside Battery Point’s heritage-era streetscape. A floor area of roughly 162 square metres over a 224-square-metre lot is generous for this precinct and gives a more usable plan than much of the compact unit stock in the square. Two bedrooms, two bathrooms, and dual parking, one covered and one open, sit alongside level-entry access and the everyday convenience of cafes, restaurants, and the waterfront. It is best suited to professional couples, downsizers, and buyers wanting a lock-and-leave inner-city residence with prestige address character but not the upkeep of a period house.
Build era and renovation quality may weigh heavily on price. A two-bedroom layout might narrow the buyer field, though dual parking and a 162-square-metre footprint offset much of that. Orientation is unconfirmed, so light and aspect may be a material variable at inspection. Mixed commercial activity in the square could read as energy or noise, and that tension may already be reflected in the price.
Detailed Independent Property Report prepared by PropCred Analyst team for 58 Salamanca Square, Battery Point TAS 7004
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
Income Risk
1
Execution Risk
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Market Insight
Battery Point, Hobart’s riverside enclave, is a tightly held market: median house price sits at $1.85m after 32.14% annual growth. Demand comes from affluent professionals and families, drawn by quality school catchments and mature transport links to the CBD, ferry and major roads. Houses sell in 32 days across just 22 annual sales, showing scarcity. Units underperform, with median price down 16.2% to $750,000. Gross yields are modest: 2.91% for houses, 3.62% for units. The 2026 Hobart forecast of 2–4% growth supports value, but high entry prices and rate sensitivity constrain future gains, evident in unit price softness.
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PropCred Estimated Value
Comparable Sales: 87 Salamanca Square (May 2025) and 24/93 Salamanca Place (2016 build) | Property Price Band: $1.8M–$1.9M | Value Drivers: generous 162m² layout, dual parking, modern low-maintenance build in a heritage setting
Bedrooms
2
Bathroom
2
Parking
1
Land
199m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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