OFF MARKET

16 Commercial Road
North Hobart TAS 7000

Bedrooms: 4
Bathrooms: 1
Car spaces: 1
Floor area: 126m2
Land area: 264m2
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Property Details for 16 Commercial Rd, North Hobart

16 Commercial Rd, North Hobart is a 4 bedroom, 1 bathroom House with 1 parking spaces and was built in 1920. The property has a land size of 264m2 and floor size of 126m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
House
Year Built
1920
Floor Size
126m2
Land Size
264m2
Local Government
Hobart
Lot/Plan
2/59615

Last Listing description (October 2021)

A superb opportunity for you to secure a wonderful character home in a perfect position in the heart of North Hobart! This graceful 1920's home with charming street appeal is north facing with 3 double bedrooms and a 4th bedroom or home office. It boasts all the classic features of its era including polished timber boards, high ceilings, picture rails, ceiling roses and more. Generous room sizes, the master with built in robes, lots of light and the level access with a flexible floor plan offers so many options.

This home is harmoniously balanced with outside space as well with a delightful front garden and a low maintenance rear garden with lawn area and being fully fenced is perfect for children or pets. Other features include a front verandah with established gardens, rear garden with lawn area, and off-street parking accessed via Commercial Lane for 1 car. On street parking with a residential zoning pass allows another 2 cars on the road.


With mains gas to the house, heating is a combination of gas heaters, panel heaters and the charm of a wood heater.

With the opportunity to do further upgrading to make your personal mark on this property, what more can a buyer entering this great suburb and all the amenities on offer want?
It enjoys the luxury of being meters from the hustle and bustle of the North Hobart caf and restaurant strip, State Cinema, across the road from Friends School and a short walk to Hobart CBD.

A perfect home for owner occupiers and investors alike (estimated rental return $ $600 - $630 per week unfurnished.)

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Property History for 16 Commercial Rd, North Hobart, TAS 7000

A timeline of how this property has performed in the market
Last Sold
$1,073,000
14 Aug 2021
Listed for Rent
$350/w
21 Feb 2012
  • 14 Aug 2021
    Sold for $1,073,000
  • 10 Aug 2021
    Listed for Sale Offers over $850,000
  • 23 Jan 2015
    Sold for $388,000
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About North Hobart 7000

The size of North Hobart is approximately 1 square kilometres. It has 3 parks covering nearly 5.6% of total area. The population of North Hobart in 2011 was 2,653 people. By 2016 the population was 2,511 showing a population decline of 5.4% in the area during that time. The predominant age group in North Hobart is 20-29 years. Households in North Hobart are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in North Hobart work in a professional occupation. In 2011, 45.1% of the homes in North Hobart were owner-occupied compared with 41.8% in 2016.

North Hobart has 1,598 properties. Over the last 5 years, Houses in North Hobart have seen a 26.06% increase in median value, while Units have seen a 28.68% increase. As at 31 August 2024:

  • The median value for Houses in North Hobart is $908,682 while the median value for Units is $705,706.
  • Houses have a median rent of $550 while Units have a median rent of $500.
There are currently 11 properties listed for sale, and 10 properties listed for rent in North hobart on OnTheHouse. According to CoreLogic's data, 63 properties were sold in the past 12 months in North hobart.

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