SOLD
Sold on 06 Nov 2023 for $750,000

203/431 Elizabeth Street
North Hobart TAS 7000

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 77m2
Land area: 102m2
Sold By
David Gunning
EIS Property
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Property Details for 203/431 Elizabeth St, North Hobart

203/431 Elizabeth St, North Hobart is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2023. The property has a land size of 102m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 2 bedroom Unit sold in North Hobart in the last 12 months.

Building Type
Unit
Year Built
2023
Floor Size
77m2
Land Size
102m2
Local Government
Hobart

Last Listing description (January 2024)

Stunning two-bedroom apartment in the recently completed S. Group designed 431 Elizabeth Street complex.

The apartment features high end modern fittings and finishes including double glazing, fully tiled bathroom, high ceilings, built ins to bedrooms, engineered timber overlay flooring, tiled balcony and designer kitchen with leading stainless appliances and engineered stone bench tops. Topping it off is a stunning roof-top terrace with spectacular views in every direction. The apartment include valuable secure undercover basement parking.

A blue-chip location. North Hobart is one of Hobart's most loved inner suburbs. 431 Elizabeth is a short stroll to everything this wonderful location has to offer: foodies' paradise Hill Street Grocer, the iconic State Cinema, prestigious The Friends' School, intimate bars, micro-breweries, casual locally owned restaurants and walking distance (or quick bus trip) to Hobart's vibrant city centre, historic waterfront and Salamanca Place.

Currently leased until Jan 2024 at $670 per week.

Property History for 203/431 Elizabeth St, North Hobart, TAS 7000

A timeline of how this property has performed in the market
Last Sold
$750,000
06 Nov 2023
  • 06 Nov 2023
    Sold for $750,000
  • 14 Aug 2023
    Listed for Sale Offers Over $745,000

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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 1,590 properties. Over the last 5 years, Houses in North Hobart have seen a 27.98% increase in median value, while Units have seen a 27.36% increase. As at 30 September 2024:

  • The median value for Houses in North Hobart is $916,085 while the median value for Units is $716,245.
  • Houses have a median rent of $550 while Units have a median rent of $495.
There are currently 7 properties listed for sale, and 7 properties listed for rent in North hobart on OnTheHouse. According to CoreLogic's data, 61 properties were sold in the past 12 months in North hobart.

Suburb Insights for North Hobart 7000

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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.