Hobart Property Market: Prices, Vacancy & Trends
As of May 2026, median house prices across the Hobart SA4 range from $610,000 (Brighton) to $960,000 (Hobart Inner). The stock-weighted rental vacancy rate is 9.3%, ranging from 2.1% in Sorell - Dodges Ferry to 14.0% in Hobart Inner. Top median house rent is $750/week in Sandy Bay.
Source: Suburbtrends, 12-month rolling medians · Updated monthlyWhat is the median house price in the Hobart?
Median house prices across the Hobart's SA3 markets span $610,000 to $960,000, with Hobart Inner the most expensive market and Brighton the most affordable.
| SA3 market | Median house | 12-mth change | Median unit | Days on market |
|---|---|---|---|---|
| Hobart Inner | $960,000 | +2.1% | $585,000 | 30 |
| Hobart - South and West | $805,000 | +0.6% | $595,000 | 28 |
| Hobart - North East | $750,000 | +7.1% | $605,000 | 27 |
| Sorell - Dodges Ferry | $650,000 | +7.3% | $525,000 | 36 |
| Hobart - North West | $646,000 | +15.4% | $480,000 | 30 |
| Brighton | $610,000 | +6.1% | $495,000 | 29 |
| SA3 market | Houses for sale | Houses for rent | Units for sale | Units for rent |
|---|---|---|---|---|
| Hobart - North East | 166 | 43 | 26 | 7 |
| Sorell - Dodges Ferry | 137 | 20 | 7 | 5 |
| Hobart - North West | 127 | 70 | 41 | 15 |
| Hobart Inner | 125 | 47 | 57 | 22 |
| Hobart - South and West | 83 | 29 | 14 | 9 |
| Brighton | 75 | 14 | 13 | 3 |
Listings counts are the current-month average of properties advertised for sale or rent. Unit stock can be thin in regional markets — some SA2 unit markets carry only a handful of active listings at any time.
| SA2 area | SA3 | House median | House 12-mth | Unit median |
|---|---|---|---|---|
| Sandy Bay | Hobart Inner | $1,345,000 | +8.5% | $605,000 |
| West Hobart | Hobart Inner | $1,055,000 | +21.3% | $710,000 |
| Hobart | Hobart Inner | $985,000 | −11.3% | $680,000 |
| Mount Nelson - Dynnyrne | Hobart Inner | $980,000 | +3.2% | $508,000 |
| Cambridge | Hobart - North East | $951,000 | +8.7% | — |
| South Arm | Hobart - North East | $951,000 | +11.9% | — |
| Taroona - Bonnet Hill † | Hobart - South and West | $950,000 | — | — |
| Bellerive - Rosny | Hobart - North East | $886,000 | +3.6% | $620,000 |
| New Town | Hobart Inner | $881,000 | −7.7% | $460,000 |
| Lenah Valley - Mount Stuart | Hobart Inner | $880,000 | +10.4% | $485,000 |
| South Hobart - Fern Tree | Hobart Inner | $865,000 | +9.1% | $585,000 |
| Howrah - Tranmere | Hobart - North East | $827,000 | +15.3% | $655,000 |
| Kingston Beach - Blackmans Bay | Hobart - South and West | $824,000 | −3.1% | $635,000 |
| Margate - Snug | Hobart - South and West | $803,000 | +5.7% | — |
| Lindisfarne - Rose Bay | Hobart - North East | $797,500 | +2.6% | $510,000 |
| Geilston Bay - Risdon | Hobart - North East | $768,000 | +9.7% | — |
| Kingston - Huntingfield | Hobart - South and West | $750,225 | +7.2% | $585,000 |
| Austins Ferry - Granton | Hobart - North West | $750,000 | +25.0% | — |
| Old Beach - Otago | Brighton | $720,000 | −2.7% | — |
| Moonah | Hobart - North West | $710,000 | +15.9% | $382,000 |
| Montrose - Rosetta | Hobart - North West | $705,000 | +17.5% | $505,000 |
| Sorell - Richmond | Sorell - Dodges Ferry | $705,000 | +11.7% | $528,000 |
| West Moonah | Hobart - North West | $699,999 | +7.2% | $515,000 |
| Brighton - Pontville | Brighton | $652,000 | +9.6% | — |
| Derwent Park - Lutana | Hobart - North West | $651,000 | +10.3% | $475,000 |
| Mornington - Warrane | Hobart - North East | $650,000 | +17.1% | — |
| Glenorchy | Hobart - North West | $645,000 | +14.2% | $480,000 |
| Berriedale - Chigwell | Hobart - North West | $630,000 | +21.2% | — |
| Claremont (Tas.) | Hobart - North West | $612,000 | +11.5% | $440,000 |
| Dodges Ferry - Lewisham | Sorell - Dodges Ferry | $600,000 | +3.4% | — |
| New Norfolk | Hobart - North West | $561,009 | +20.6% | — |
| Rokeby | Hobart - North East | $560,000 | +11.6% | $562,000 |
| Risdon Vale | Hobart - North East | $520,100 | +12.6% | — |
| Bridgewater - Gagebrook | Brighton | $505,000 | +27.8% | — |
† Thin market: fewer than 40 sales in 12 months, or a distorted price mix — medians are volatile and 12-month changes are not reported. A dash indicates too few unit sales to report a reliable median.
Which Hobart areas are growing fastest?
Among SA2 areas with robust sales volumes, the strongest 12-month house price growth to May 2026 was Bridgewater - Gagebrook +27.8%, Austins Ferry - Granton +25.0%, West Hobart +21.3%, Berriedale - Chigwell +21.2%, New Norfolk +20.6%. The softest market was Hobart (-11.3%).
What is the rental vacancy rate in the Hobart?
The stock-weighted rental vacancy rate across the Hobart SA4 is 9.3% as at May 2026. Conditions range from 2.1% in Sorell - Dodges Ferry to 14.0% in Hobart Inner.
| SA3 market | Dec 25 | Jan 26 | Feb 26 | Mar 26 | Apr 26 | May 26 | Rental stock |
|---|---|---|---|---|---|---|---|
| Sorell - Dodges Ferry | 11.3% | 7.5% | 5.4% | 4.5% | 4.0% | 2.1% | 95 |
| Brighton | 5.6% | 4.2% | 2.8% | 2.8% | 3.9% | 4.5% | 89 |
| Hobart - South and West | 11.7% | 11.2% | 6.4% | 5.8% | 4.7% | 6.2% | 129 |
| Hobart - North West | 10.0% | 7.4% | 6.2% | 6.4% | 7.2% | 7.9% | 354 |
| Hobart - North East | 7.3% | 6.3% | 6.8% | 8.1% | 9.4% | 10.1% | 219 |
| Hobart Inner | 10.8% | 10.3% | 10.5% | 10.8% | 11.8% | 14.0% | 394 |
Suburbtrends Vacancy Index methodology: vacant rental listings as a share of total rental stock, rolling 3-month basis. SA4 weighted rate uses current rental stock weights.
What are the rents in the Hobart?
Median house rents across the Hobart run to $750/week in Sandy Bay at the top of the region. Unit rents typically sit below houses; bedroom splits below show where stock supports a reading.
| SA2 area | Median | 2-bed | 3-bed | 4-bed |
|---|---|---|---|---|
| Sandy Bay | $750 | $585 | $750 | $890 |
| Taroona - Bonnet Hill | $725 | — | $650 | $895 |
| Howrah - Tranmere | $680 | $480 | $625 | $750 |
| Austins Ferry - Granton | $675 | $500 | $650 | $750 |
| Mount Nelson - Dynnyrne | $670 | $595 | $675 | $825 |
| Hobart | $660 | $620 | $705 | $950 |
| Bellerive - Rosny | $650 | $550 | $600 | $720 |
| Cambridge | $650 | $600 | $650 | $850 |
| Geilston Bay - Risdon | $650 | $530 | $630 | $700 |
| South Arm | $650 | $500 | $595 | $700 |
| Lenah Valley - Mount Stuart | $650 | $540 | $660 | $800 |
| New Town | $650 | $570 | $670 | $770 |
| West Hobart | $650 | $600 | $680 | $860 |
| South Hobart - Fern Tree | $645 | $550 | $675 | $715 |
| Lindisfarne - Rose Bay | $630 | $515 | $630 | $700 |
| Sorell - Richmond | $630 | $480 | $630 | $700 |
| Old Beach - Otago | $625 | $560 | $620 | $700 |
| Kingston - Huntingfield | $625 | $520 | $600 | $750 |
| Kingston Beach - Blackmans Bay | $610 | $540 | $610 | $750 |
| Montrose - Rosetta | $600 | $520 | $600 | $650 |
| Moonah | $595 | $510 | $620 | $720 |
| Margate - Snug | $595 | $490 | $590 | $750 |
| West Moonah | $585 | $510 | $600 | $720 |
| Derwent Park - Lutana | $580 | $500 | $585 | $670 |
| Glenorchy | $580 | $500 | $585 | $650 |
| Rokeby | $560 | $510 | $560 | $650 |
| Brighton - Pontville | $550 | $460 | $570 | $700 |
| Mornington - Warrane | $550 | $490 | $560 | $595 |
| Risdon Vale | $550 | $470 | $550 | $695 |
| Berriedale - Chigwell | $550 | $480 | $550 | $650 |
| Claremont (Tas.) | $550 | $500 | $550 | $650 |
| New Norfolk | $525 | $475 | $540 | $600 |
| Dodges Ferry - Lewisham | $495 | $450 | $500 | $625 |
| Bridgewater - Gagebrook | $475 | $425 | $470 | $550 |
| SA2 area | Median | 2-bed | 3-bed |
|---|---|---|---|
| Geilston Bay - Risdon | $580 | $490 | $650 |
| Hobart | $580 | $630 | $820 |
| Old Beach - Otago | $550 | $575 | $550 |
| Mornington - Warrane | $550 | $550 | $550 |
| Kingston - Huntingfield | $550 | $490 | $610 |
| Rokeby | $535 | $495 | $595 |
| Risdon Vale | $530 | $530 | — |
| Austins Ferry - Granton | $530 | $500 | $680 |
| Lindisfarne - Rose Bay | $520 | $495 | $650 |
| Sandy Bay | $515 | $540 | $660 |
| Howrah - Tranmere | $510 | $510 | $660 |
| Sorell - Richmond | $510 | $470 | $580 |
| Bridgewater - Gagebrook | $500 | $460 | $525 |
| Kingston Beach - Blackmans Bay | $500 | $490 | $600 |
| Taroona - Bonnet Hill | $500 | $500 | — |
| Mount Nelson - Dynnyrne | $500 | $520 | $680 |
| Dodges Ferry - Lewisham | $500 | $480 | $500 |
| Bellerive - Rosny | $490 | $500 | $615 |
| Margate - Snug | $490 | $485 | $575 |
| Montrose - Rosetta | $480 | $480 | $580 |
| New Town | $480 | $495 | $620 |
| South Hobart - Fern Tree | $480 | $530 | $850 |
| West Hobart | $475 | $510 | $675 |
| Brighton - Pontville | $470 | $460 | $550 |
| Cambridge | $470 | $470 | $600 |
| Claremont (Tas.) | $460 | $460 | $600 |
| Glenorchy | $460 | $460 | $570 |
| West Moonah | $460 | $450 | $520 |
| Lenah Valley - Mount Stuart | $460 | $460 | $600 |
| Derwent Park - Lutana | $450 | $450 | $570 |
| Moonah | $440 | $500 | $595 |
| South Arm | $430 | $460 | — |
| New Norfolk | $420 | $440 | $550 |
| Berriedale - Chigwell | $395 | $450 | $560 |
Rents are median advertised asking rents over 12 months. Bedroom splits are reported where enough listings support a reading; a dash indicates too few. Unit rents are shown only for SA2s with sufficient rental stock.
How have Hobart prices and rents moved?
Over the 16 months to May 2026, median house prices across the Hobart SA4 moved from $610,000 (Brighton) to $960,000 (Hobart Inner) at the extremes. The chart tracks each SA3 market for house prices, unit prices and house rents.
| SA3 | Feb 25 | Mar 25 | Apr 25 | May 25 | Jun 25 | Jul 25 | Aug 25 | Sep 25 | Oct 25 | Nov 25 | Dec 25 | Jan 26 | Feb 26 | Mar 26 | Apr 26 | May 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Brighton | $550,000 | $560,000 | $565,500 | $575,000 | $575,000 | $580,000 | $597,000 | $596,000 | $595,000 | $580,000 | $590,000 | $596,000 | $597,000 | $600,000 | $596,650 | $610,000 |
| Hobart - North East | $700,000 | $705,000 | $710,000 | $700,000 | $705,000 | $710,000 | $710,000 | $715,000 | $721,500 | $735,000 | $731,500 | $735,000 | $750,000 | $750,000 | $745,000 | $750,000 |
| Hobart - North West | $550,000 | $550,000 | $550,000 | $560,000 | $565,000 | $570,000 | $570,000 | $575,236 | $578,000 | $588,200 | $595,000 | $600,000 | $610,000 | $622,000 | $635,000 | $646,000 |
| Hobart - South and West | $830,000 | $802,000 | $805,000 | $800,000 | $800,000 | $795,000 | $785,500 | $785,500 | $769,000 | $782,500 | $785,500 | $790,000 | $782,500 | $796,000 | $805,000 | $805,000 |
| Hobart Inner | $930,000 | $930,000 | $930,000 | $940,000 | $945,000 | $945,000 | $920,000 | $920,000 | $930,000 | $945,000 | $950,000 | $945,000 | $950,000 | $951,000 | $952,000 | $960,000 |
| Sorell - Dodges Ferry | $605,500 | $605,000 | $605,000 | $605,500 | $610,000 | $605,000 | $600,000 | $600,000 | $610,000 | $615,000 | $622,000 | $620,000 | $625,000 | $650,000 | $650,000 | $650,000 |
How this data is compiled
Suburbtrends compiles transaction, listings and rental records monthly across every SA2, SA3 and SA4 in Australia. Medians and percentiles are calculated on a 12-month rolling basis; vacancy follows the Suburbtrends Vacancy Index methodology (vacant rental listings as a share of total rental stock, rolling 3 months). Development Rates covers completed strata projects of 4–40 dwellings, with each project's site purchase traced through the title record to derive the land component. Thin markets are flagged and 12-month changes suppressed where sample sizes do not support them. Boundaries follow the ABS ASGS Edition 3. This page was last updated with data to May 2026, and is refreshed in the first week of every month.
Kent's research is regularly cited in the Australian Financial Review, news.com.au and industry media. He previously led data science teams at major property data firms and founded Suburbtrends to publish independent, suburb-level market research. Full profile and press citations →