OFF MARKET

419 Elizabeth Street
North Hobart TAS 7000

Bedrooms: 5
Bathrooms: 1
Car spaces: 4
Floor area: 259m2
Land area: 773m2
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Last updated 16 Sep 2024
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Property Details for 419 Elizabeth St, North Hobart

419 Elizabeth St, North Hobart is a 5 bedroom, 1 bathroom Unit with 4 parking spaces and was built in 1880. The property has a land size of 773m2 and floor size of 259m2. While the property is not currently for sale or for rent, it was last sold in December 2017.

Building Type
Unit
Year Built
1880
Floor Size
259m2
Land Size
773m2
Local Government
Hobart
Lot/Plan
1/197916

Last Listing description (January 2018)

Located on the upside of the North Hobart hub, this commanding 1880s residence accommodates three tenancies in varied formats to offer a rare investment opportunity.
Deftly nestled into the streetscape, only a stone s throw on the upper end of the popular restaurant strip, pitched roof, picket fence and gabled entry highlight the sandstone exterior and proud historic overtones of the Victorian Rustic Gothic building.
Listed with the National Trust and Tasmanian Heritage Register, refined interiors offer a comfortable main residence with polished boards a highlight incorporating five bedrooms with four on the upper level (flexible options to convert to additional lounge or study), living, combined kitchen/dining and sunroom overlooking a delightful back garden with supporting bathroom and laundry.

A second smaller residence is positioned underneath on the lower ground level with entry from a sheltered patio stepping direct to the established landscaped garden. The separate tenancy is appointed gracefully with a large and light-filled living space, two bedrooms (one with window seat) and cosy kitchen/dining to be fully self sufficient. Potential conversion back to one grand residence a viable option.
A combination of paved entertaining and manicured garden leads to the rear of the property with access off Commercial Lane and to the additional stand-alone two-storey cottage. Modern appointments (2016 build) offer an airy guest house containing one upstairs bedroom, study, bathroom, laundry and all-in-one kitchen/dining.
A superb multi-dimensional residential package with an incredible eight bedrooms, three kitchens, three bathrooms, and four living areas spanning more than 45 squares across the three settings.
Within walking distance to Hobart CBD, rear access and off street parking from Commercial Lane and a very quick meander to North Hobart cafes and shops there is a lot to like about this Elizabeth Street icon.
Car spaces: 3 OSP

Property History for 419 Elizabeth St, North Hobart, TAS 7000

A timeline of how this property has performed in the market
Last Sold
$1,190,000
22 Dec 2017
Listed for Rent
$425/w
29 Dec 2015
  • 22 Dec 2017
    Sold for $1,190,000
  • 06 Sep 2017
    Listed for Sale Offers over $1.25 million
  • 03 Jul 2015
    Listed for Rent - Price not available
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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.

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.