FOR SALE
Offers Over $595,000

1/171 Melville Street
West Hobart TAS 7000

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 103m2
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Inner City Opportunity

Nestled within one of Hobart’s most desirable residential enclaves surrounded by wonderful homes that are the epitome of inner city living.
Offering one off street car park while conveniently located within a 6 minute walk to the Hobart CBD and then on to Hobart’s bustling waterfront this spectacular property is the perfect inner city pad.
Set over two levels with up to three bedrooms, with a delightful Juliet balcony off the main bedroom, or two bedrooms plus a fabulous sunroom this home is ideal for busy executives and investors alike. The city fringe location and private setting would also make it a perfect short term accommodation property (stca).
Features:
Off Street Parking
Private alfresco court yard
Open plan kitchen and dining
Solar panels
Close to public transport
Close to shops and schools
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Property Details for 1/171 Melville St, West Hobart

1/171 Melville St, West Hobart is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 103m2. The place is currently for sale with Area Specialist Tasmania.

Building Type
House
Land Size
103m2

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About West Hobart 7000

The size of West Hobart is approximately 3.9 square kilometres. It has 8 parks covering nearly 35.4% of total area. The population of West Hobart in 2011 was 5,800 people. By 2016 the population was 5,978 showing a population growth of 3.1% in the area during that time. The predominant age group in West Hobart is 40-49 years. Households in West Hobart are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in West Hobart work in a professional occupation. In 2011, 61.5% of the homes in West Hobart were owner-occupied compared with 62.3% in 2016.

West Hobart has 2,945 properties. Over the last 5 years, Houses in West Hobart have seen a 26.39% increase in median value, while Units have seen a 19.05% increase. As at 31 October 2024:

  • The median value for Houses in West Hobart is $917,514 while the median value for Units is $630,346.
  • Houses have a median rent of $593 while Units have a median rent of $470.
There are currently 15 properties listed for sale, and 3 properties listed for rent in West hobart on OnTheHouse. According to CoreLogic's data, 72 properties were sold in the past 12 months in West hobart.

Suburb Insights for West Hobart 7000

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Martin Waldhoff
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Jack Lush
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Area Specialist Tasmania
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.