North Hobart
Property profile for North Hobart, Hobart. Median prices and property calculators.
Median Prices
Median House Price
$850,000
Approximate median for North Hobart, Hobart
Median Unit Price
$480,000
Approximate median for North Hobart, Hobart
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Estimated Stamp Duty
$36,750
On median house price of $850,000
Estimated Monthly Mortgage
$4,165
80% LVR, 6.2% rate, 30yr P&I
Estimated Deposit Needed
$170,000
20% of median house price
Estimates are approximate and based on the median house price. Use our calculators for exact figures.
About North Hobart
North Hobart is a vibrant inner suburb located on the hillside immediately north of Hobart's CBD, centred around Elizabeth Street, which has developed into one of Tasmania's finest dining and entertainment strips. The street is lined with an eclectic mix of restaurants spanning Thai, Indian, Japanese, Italian, and contemporary Australian cuisines, alongside bars, the historic State Cinema, and independent shops that give the area a distinctly bohemian character. Property in North Hobart includes a charming mix of Victorian and Edwardian weatherboard cottages, workers' terraces, and some contemporary townhouse developments. Many homes are set on the steep hillside streets and enjoy views over the city and harbour. The suburb's walkability is a major asset, with the CBD, Salamanca, and the waterfront all accessible on foot within ten to fifteen minutes. The North Hobart oval hosts community sport, while the nearby Queens Domain and Royal Tasmanian Botanical Gardens provide extensive green space. The suburb has a thriving arts community, with galleries, studios, and regular cultural events. Transport includes frequent Metro bus services along Elizabeth Street. North Hobart appeals to young professionals and creatives drawn by the food and bar scene, families seeking character cottages close to the city, and investors attracted by consistently strong rental demand from the suburb's desirable inner-city location and limited housing supply.