OFF MARKET

59 Federal Street
North Hobart TAS 7000

Bedrooms: 6
Bathrooms: 3
Car spaces: 4
Floor area: 199m2
Land area: 678m2
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Last updated 16 Sep 2024
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Property Details for 59 Federal St, North Hobart

59 Federal St, North Hobart is a 6 bedroom, 3 bathroom House with 4 parking spaces and was built in 1910. The property has a land size of 678m2 and floor size of 199m2. While the property is not currently for sale or for rent, it was last sold in February 2015.

Building Type
House
Year Built
1910
Floor Size
199m2
Land Size
678m2
Local Government
Hobart
Lot/Plan
1/14403

Last Listing description (May 2016)

This property is larger than it looks being a genuine 5 bedrooms, and is only one block from 'the strip'. Its value is under pinned by a larger than normal land area for the inner city, as well as a large garage and plenty of off street parking. The zoning is residential 3, but it may be possible to run a home based business from here (stca).In addition, the Hobart City Council is to release its new planning scheme very shortly, which may allow for the future subdivision of this site. The property was renovated in the Nineties, so has two bathrooms and a kitchen which do not need any renovation. The kitchen (and hot water) is hooked up to mains gas, plus there are no fuss stainless steel bench tops and splashbacks, plus quality Smeg appliances. The home features deep cornices, polished floors, open fire places with mantle and grate, stripped doors and skirtings, and a lovely arched hallway. There are three attic rooms which are presently configured as two bedrooms and a play room. On the right of the front door is the second bedroom which looks onto the verandah and faces the morning sun. On the left is the main bedroom which then opens to a large dressing room which in turn opens to a large ensuite with spa bath. Second on the right is a bright double bedroom which faces North. At the end of the hallway is the lounge room with large wood heater and heat pump. This room features wide floor boards, deep cornices, and the original door bell. The kitchen opens off this area and leads to a large family/dining area with terracotta tiled floor. The second bathroom and laundry open off this rear section, as well as a covered deck measuring approximately 6mx5m. The 6mx8m garage is a huge bonus for the inner city and would suit a tradie, or someone wanting a man cave. The productive garden is very private and has Golden Drop plums, Greengages, Olives, Lemons, Apricots, a Bay tree and more. It features the use of recycled stone, and is a real inner city oasis. Only a short walk to Friends School, the restaurant strip or the city.

Property History for 59 Federal St, North Hobart, TAS 7000

A timeline of how this property has performed in the market
Last Sold
$512,000
17 Feb 2015
Listed for Rent
$495/w
28 Mar 2014
  • 17 Feb 2015
    Sold for $512,000
  • 28 Jan 2015
    Listed for Sale $512,000
  • 25 Feb 2014
    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.