OFF MARKET

48 Forest Road
West Hobart TAS 7000

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 147m2
Land area: 351m2
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Property Details for 48 Forest Rd, West Hobart

48 Forest Rd, West Hobart is a 2 bedroom, 2 bathroom House and was built in 1830. The property has a land size of 351m2 and floor size of 147m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
House
Year Built
1830
Floor Size
147m2
Land Size
351m2
Local Government
Hobart
Lot/Plan
1/62763

Last Listing description (May 2024)

Step back in time with this remarkable circa 1830 cottage, a true embodiment of history, character, and charm. Positioned in one of Hobart's most sought-after streets, this quaint gem exudes a timeless allure that is sure to captivate your heart.

This cottage has recently undergone a stunning renovation throughout, with no expense spared in the pursuit of quality and functionality. Every detail has been meticulously considered, resulting in a home that is exquisitely stylish, yet comfortable, while dark stained, original timber skirting boards, floorboards and doors make an unforgettable statement and invoke a true sense of nostalgia.

The cozy living room welcomes an abundance of natural light, creating an inviting atmosphere around the open fireplace. A step up leads you to the dining room, adorned with another original fireplace, and the adjacent kitchen is a masterpiece of culinary delight, featuring top-tier appliances, including a breathtaking Bertazzoni Italia 6 burner oven and stove. The custom designed, solid Tasmanian Oak kitchen's allure is further accentuated by gorgeous travertine tiles and a charming farmhouse sink.

The upper level offers two generously sized bedrooms, both offering breathtaking views overlooking Hobart city and the River Derwent. The main bedroom boasts an exquisite ensuite bathroom with a walk-in shower and skylight, creating an oasis for relaxation. Meanwhile, the second bedroom retains its original sandstone fireplace, a reminder of the home's rich history.

Completing the picture, a downstairs bathroom continues to impress also with marble tiles and solid brass tapware. Outside, a lovely, low-maintenance courtyard provides a private sanctuary for tranquil moments and al fresco dining.

Currently operating as an Airbnb with the requisite permit, and with the option to acquire fully furnished, it presents an exciting investment opportunity. For those seeking to call this cottage home, it promises a life of timeless beauty, modern comforts, and the prestige of living within this tightly held enclave. With easy access to the city, restaurants, and amenities and absolutely nothing left to do, this cottage embodies peace of mind for years to come.

? Heating: Daiken reverse-cycle air conditioner, 3x Nobo electric panel heaters
? Annual council rates: $2528
? Annual water rates: $1080

Property History for 48 Forest Rd, West Hobart, TAS 7000

A timeline of how this property has performed in the market
Last Sold
$962,000
31 Oct 2023
Listed for Rent
$700/w
23 May 2023
  • 31 Oct 2023
    Sold for $962,000
  • 10 Sep 2023
    Listed for Sale Offers over $895,000
  • 03 May 2023
    Listed for Rent $700 / week
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About West Hobart 7000

The size of West Hobart is approximately 3.9 square kilometres. It has 8 parks covering nearly 35.4% of total area. The population of West Hobart in 2011 was 5,800 people. By 2016 the population was 5,978 showing a population growth of 3.1% in the area during that time. The predominant age group in West Hobart is 40-49 years. Households in West Hobart are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in West Hobart work in a professional occupation. In 2011, 61.5% of the homes in West Hobart were owner-occupied compared with 62.3% in 2016.

West Hobart has 2,944 properties. Over the last 5 years, Houses in West Hobart have seen a 26.39% increase in median value, while Units have seen a 19.05% increase. As at 31 October 2024:

  • The median value for Houses in West Hobart is $917,514 while the median value for Units is $630,346.
  • Houses have a median rent of $593 while Units have a median rent of $470.
There are currently 14 properties listed for sale, and 1 property listed for rent in West hobart on OnTheHouse. According to CoreLogic's data, 72 properties were sold in the past 12 months in West hobart.

Suburb Insights for West 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.