An opportunity in the heart of North Hobart

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319 Murray Street, North Hobart TAS 7000

$575,000+

Search Band Search Visibility Band

$550k - $605k High Confidence Calculated based on strong search observations.

House 2 Beds 1 Bath 210 m² 80 m²

Listed: 33 days ago

Updated: 8 days ago

Overview

Situated adjacent to the well-known Crescent Hotel, this residence presents a compelling chance to own a home in the sought-after inner-city area of North Hobart. The property's location offers exceptional lifestyle benefits, with a variety of cafes, bars, and essential amenities within walking distance, and Hobart's CBD only minutes away, catering well to professionals who value convenience.

The house itself accommodates two front-facing bedrooms connected by a central hallway that leads to a comfortable lounge area. The kitchen adjoins a bathroom, supporting functional day-to-day living. Outside, additional utility is provided by an external laundry and a separate workshop or storage space. The generous rear courtyard offers a versatile outdoor environment ideal for entertaining, gardening, or simply enjoying open-air relaxation.

While the home requires some updating, it offers considerable potential for personalization and improvement, appealing particularly to buyers who appreciate project opportunities. Its size and layout make it suitable for first-time buyers, investors, or young professional couples keen on inner-city living.

Local Market Insights

In North Hobart, Quiet Listings observed 27 new houses entering the market over the last 30 days, up from 3 during the previous 30-day period, with an average advertised asking price of $1,203,185. The property type mix of listed properties is predominantly Houses at 58%, followed by units (15%), and apartments (13%). The most active agency for houses in the North Hobart area is currently Petrusma Property – Sandy Bay, representing 33% of new listings, followed by Elders Real Estate with 19%. 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.