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Overview
Set in the highly desirable enclave of South Hobart, this expansive 1.81-hectare vacant land parcel offers a rare opportunity for discerning buyers seeking space, privacy, and potential in an urban setting. Elevated with gently sloping topography, the land benefits from partial services already in place and presents sweeping vistas capturing the natural beauty of South Hobart and the River Derwent beyond.
Bordering the upper reaches along Forest Road and touching upon the lush Knocklofty Reserve, the site invites innovative design and sustainable development approaches that capitalize on the natural setting. Buyers interested in visionary projects with an environmental emphasis will find this offering especially valuable, with prospects for future capital growth in this sought-after city-fringe locale.
The property’s location ensures proximity to Hobart's bustling CBD and vibrant village precinct, where infrastructure, retail options, and dining experiences abound. Outdoor enthusiasts will appreciate the nearby Hobart Rivulet trail, a landscaped corridor catering to walkers and cyclists, while families benefit from the close catchment to South Hobart Primary School and tertiary institutions like UTAS in Sandy Bay.
For recreation and relaxation, Cascade Gardens lies within walking distance, providing a serene space embellished with mature foliage, seasonal colours, play areas, and dog-friendly zones. The generous land size affords the luxury of seclusion and room to nurture hobby lifestyles or create a substantial buffer from neighbours—a valuable commodity within urban Tasmania.
This significant landholding is a distinguished opportunity for those seeking the tranquility of space with the conveniences of city-adjacent living.
Local Market Insights
In Hobart, Quiet Listings observed 10 new parcels of land entering the market over the last 30 days, down from 21 during the previous 30-day period, with an average advertised asking price of $420,300. The property type mix of listed properties is predominantly Houses at 67%, followed by units (13%), and land (8%). The most active agency for land in the Hobart area is currently Harcourts, representing 30% of new listings, followed by Slate Estate Agents with 20%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
South Hobart TAS 7004
Market Insights for South Hobart TAS 7004
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