Real estate agent · South Hobart
South Hobart
Considered selling, leasing, and property management across South Hobart, from the rivulet to the foot of the mountain.
South Hobart sits below kunanyi / Mount Wellington, where the streets follow the rivulet up toward the bushland and the mountain tracks. Cascade, the corner cafes, and the walking trails give it a settled, leafy feel, and it stays close enough to the city for an easy commute.
It suits owners who want green surrounds and quiet without leaving town: families, professionals, and buyers drawn to period homes with the mountain at the end of the street.
Homes here reach the right buyer on presentation and honest pricing, so photography that shows the setting and the period detail, paired with recent local evidence, is what moves them.
South Hobart at a glance
About seven in ten homes are freestanding, many of them period houses on streets like Macfarlane Street, Degraves Street, and up Cascade Road toward the Cascade Brewery, with apartments and townhouses making up the rest.
Owners tend to settle in for the long term, and around a third of homes are rented to people who want the mountain and the city both close by.
The South Hobart market, in numbers
- Median house price
- $895,000
- 12-month change
- -1.2%
- Median weekly rent
- $620
- Gross rental yield
- 3.6%
These figures are indicative only and do not constitute a valuation or appraisal of any individual property. They are drawn from recent sales and rental data compiled from third-party market sources and reflect general conditions in the area as at July 2026. Market conditions change and individual properties vary. For a figure specific to your property, get in touch.
Across greater Hobart, rental vacancy has held near 0.6 per cent (SQM Research, May 2026), one of the tightest rental markets of any Australian capital.
Selling in South Hobart
A campaign built like a film that shows a home and its setting at their best, positioned and priced on comparable evidence.
Leasing in South Hobart
The right tenant on terms that hold up, with steady demand from people who want the mountain and the city both close by.
Managing in South Hobart
Careful tenant selection, proactive care, and honest reporting, with key dates diarised from day one. No rent collected, no management fee.
Thinking about your South Hobart property?
Start with a free appraisal. We come to you, and you keep the written result whether or not you go to market.
Prefer to talk? 1300 755 244 · info@parklaneproperty.co