Ever wondered what the best suburb in Hobart is? Suburbs in Hobart are all great in their way, be it South Hobart or Moonah; each suburb has its speciality. However, many say North Hobart is the best place to live in Tasmania. So, we’re listing 10 reasons why!
1. Median house price
The property market in Hobart is doing pretty well. Every real estate agent loves the current situation after the worst downfall the market saw back in 2021. But if we specify this situation for North Hobart, we can say the housing prices and median unit prices give North Hobart a new life.
The investors, as well as agents, enjoy the fruit of patience. Currently, the median house price is $910,000. For those who find this out of budget, the North Hobart property market stores the best and cheapest apartments and units for you.
A median unit price hike was seen in each capital city. However, the same was not the case for North Hobart.
Suggest Reading: Learn about the Tasmania property market for an overall view of the state market values!
2. Heritage buildings
Apart from its closeness to the Hobart CBD, North Hobart is home to countless heritage buildings—one of the reasons why the median price is still stable. Most suburbs in greater Hobart are known for their beaches, but North Hobart has its speciality.
The buildings are a treat for the architects. Not to mention many students from Australia visit this suburb to study these buildings. West Hobart does store some good heritage buildings, but they cannot compete with the details of the buildings here.
3. Public transport
Northern suburbs of all cities in Australia are well-known for their transport systems. The same is the case with North Hobart. You can travel to the city centre using public transport.
The routes also include some stations at the nearby beaches. You can even travel to Mount Wellington using public transport.
4. Friendly community
Battery point is known as the friendliest area in Hobart. But this statement is given by those who never experienced the community of North Hobart.
This suburb can turn itself into a quiet suburb for those who love solitude. Contrary to that, it can become a rock and roll station for party lovers. This sort of explains the kind of bond the community at North Hobart holds.
5. Financial situation
Living in one of the best suburbs means an empty bank account near the end of the month. However, the case is slightly different for North Hobart. This suburb is great and somewhat expensive. However, it is also affordable for those who have a small budget.
Apart from housing, most of the things in this suburb are affordable. This leads to a better financial situation for the people living in North Hobart.
6. The suburb of hidden gems
What we love the most about North Hobart is its hidden gems, better known as the natural beauty of the suburb. Fun fact: These hidden gems are not so hidden. They are the sunsets and the starry nights—forests around the suburb and more.
One must have a heart that loves nature to find these hidden gems. There is nothing else needed.
7. Access to beaches
With its public transport and closeness to nature, the people of North Hobart have quick access to many of Hobart’s best beaches, including Nutgrove beach.
If you’re looking for coastal acreage for sale in Tasmania, Hobart might have a few options, and you can also check out areas like Gordon and Scamander.
8. Easy access to the CBD market
North Hobart has easy access to many shopping centres and the Salamanca market. The CBD market also lies close to this suburb. This creates job opportunities and fun activities for the people of North Hobart.
9. Food
A popular destination must have good food. This demand also stands firm in the case of North Hobart. Luckily, this suburb has the best food in the entire city. From local food to Korean chicken, you can get everything.
There are many coffee shops, so those who prefer a meeting at such a place can take full advantage of living in North Hobart. Moreover, the food is low-cost (majority), causing no problems for low-income people.
10. Schools and parks
A suburb without nearness to schools is like a suburb that does not value the life of its children. Considering this factor, North Hobart has many schools in its surrounding areas. These include government and private sector schools.
Not only that, many parks are providing a good activity source for children and older adults.
Discover more properties for sale in North Hobart.
Frequently asked questions
Which suburb in Hobart tops the list of the wealthiest suburbs?
Sandy Bay is the richest suburb in Hobart. This suburb’s median prices range from $1,391,500 for houses to $676,000 for units.
Where can I find cheap houses in Tasmania?
If you’re looking for cheap houses in Tasmania, you might want to explore the suburbs of Rosebery and Ulverstone. They’re away from the capital, but you still get the amenities of an old town at a fraction of the price.
Alternatively, you can look for cheap bush land for sale in Tasmania in rural areas like Waratah and Queenstown and build a new house of your own design.
Which suburb in Hobart, Tasmania, is best for a family?
North Hobart is considered the best suburb in Hobart for a family. While you’re at it, you might want to check out our round up of the worst suburbs in Hobart!
Which area do the locals call the coolest in Hobart?
North Hobart is the coolest area in Hobart. The residents of this suburb are known as the coolest community ever to exist.
