6 Scott Street, Glebe TAS 7000

6 Scott Street, Glebe TAS 7000
Heritage-listed 1870s stable conversion | 4 beds in inner Hobart | Rare survivor on 243mΒ² | FTTP & 5G This house presents a rare opportunity to acquire a permanently registered piece of Hobart’s 19th-century history, now functioning as a four-bedroom family home. Its conversion from the original “Addlestone” estate stables provides a unique character and versatile floorplan that is irreplaceable in the current market. The propertyΒ’s strength lies in this historical scarcity combined with its practical inner-suburb position, best serving a buyer who values distinct architectural narrative over modern specification, and who will capitalise on its proximity to sought-after schools. Decision hinges on accepting the constraints of a heritage overlay and 74% site coverage, which limit alteration and extension potential, effectively costing future flexibility. The commercial logic is in holding the property as a long-term family residence to preserve its historical value, where its estimated rental yield is secondary to capital preservation in a niche segment. Acquire for permanent occupancy, not for speculative development or immediate high-yield investment.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Glebe is positioned as a premium inner-city suburb, with house prices well above the state median, reflecting its established residential character. Demand is primarily driven by young professionals and couples without children, attracted by the lifestyle and proximity to urban amenities. Recent market conditions are characterised by very low stock levels and competitive selling periods, though price growth has moderated from its historical trend. Future growth is underpinned by sustained demand from this demographic within a tightly held market, yet its premium pricing presents an affordability constraint relative to broader Tasmania.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

1

Land

273mΒ²

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