SOLD
Sold on 21 Feb 2024 for $1,000,000

422 Elizabeth Street
North Hobart TAS 7000

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 112m2
Land area: 364m2
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Property Details for 422 Elizabeth St, North Hobart

422 Elizabeth St, North Hobart is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1870. The property has a land size of 364m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom House sold in North Hobart in the last 12 months.

Building Type
House
Year Built
1870
Floor Size
112m2
Land Size
364m2
Local Government
Hobart
Lot/Plan
3/13502

Last Listing description (October 2013)

PROFITABLE INVESTMENT IN FANTASTIC LOCATION OR DREAM CITY HOME IN THE MAKING
This character building, situated in the vibrant North Hobart CBD precinct, has been upgraded and contains many extras.
On a property of 150m2, it currently provides four separate, large offices and open plan areas, all with Elex Panel wall heaters, phone outlets and IT cabling, plus fully equipped galley kitchen, bathroom two toilets and a small garden beside the large parking area and galvanised garage with roller door.

The high profile location would suit any commercial activity; it has already proved advantageous to the current tenants who would love to stay on.
With a minor extension of sunroom or study and additional storage at the back of the house, it would offer a stunning residential property for anyone keen to join The State Theatre and surrounding restaurant culture.
???We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations???.

Property History for 422 Elizabeth St, North Hobart, TAS 7000

A timeline of how this property has performed in the market
Last Sold
$1,000,000
21 Feb 2024
Listed for Rent
$575/w
12 Aug 2011
  • 21 Feb 2024
    Sold for $1,000,000
  • 21 Oct 2013
    Sold for $455,000
  • 25 Jul 2013
    Listed for Sale OFFERS OVER $490,000
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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 1,586 properties. Over the last 5 years, Houses in North Hobart have seen a 29.51% increase in median value, while Units have seen a 44.44% increase. As at 31 October 2024:

  • The median value for Houses in North Hobart is $921,678 while the median value for Units is $748,376.
  • Houses have a median rent of $565 while Units have a median rent of $498.
There are currently 8 properties listed for sale, and 4 properties listed for rent in North hobart on OnTheHouse. According to CoreLogic's data, 59 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.