North Hobart, TAS
listings tightening 4.0% YoY, 6.7%/yr capital growth.
About North Hobart
Located in the Hobart LGA, North Hobart sits roughly 1.0 km north-west of central Hobart. Median house prices have moved 6.7%/yr over the past five years, with gross rental yields around 2.1% and vacancy at 1.4%. Combined with 3.1% population growth and 16.0% income growth, the suburb earns a 48/100 NextSuburb score.
Eight-signal breakdown
Each signal scored 0–100 against the national distribution. Bars reflect how this suburb sits across the index.
- Capital growth (5y)6.7%/yr67/100
- Population growth+3.1% (5y)31/100
- Supply tightening-4.0% YoY70/100
- Rental yield2.1%42/100
- Rental demand1.4% vacancy65/100
- Income growth+16.0% (5y)64/100
- Construction pipeline$0.4bn nearby7/100
- Affordability34% under cap34/100
Why this score
North Hobart scores 48/100 (Average). The two strongest signals: 6.7%/yr capital growth over five years and 1.4% vacancy rate. The standout watch-out: gross yield of 2.1% leaves modest cashflow.
- Supply tightening-4.0% YoY
- Capital growth6.7%/yr
- Tight rentals1.4%
- Income growth+16.0% (5y)
- Thin gross yield (2.1%)
Nearest infrastructure
Construction · $0.7bn · completion 2026
Construction-stage projects within 10 km lift the suburb’s infrastructure score; projects more than 25 km away barely move it.
Comparable suburbs
Three TAS suburbs in the same budget band with the closest NextSuburb scores.
See the full TAS rankingAlso consider
Six other TAS suburbs worth a look — three neighbours by postcode, three matched on NextSuburb score.
60-month score history
Backfilled — live history begins May 2026Watch this suburb
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