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350 Macquarie Street, South Hobart TAS 7004

$745,000

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$745k - $782k Transparent Transparent Listing Based on an openly advertised listing price.

House 3 Beds 1 Bath 179 m² 96 m²

Listed: 16 days ago

Updated: 5 minutes ago

Overview

Located in the well-established South Hobart neighborhood, this charming two-level house offers a unique blend of period character and modern convenience, ideal for buyers seeking a manageable city residence or a strong investment opportunity.

The home presents two spacious bedrooms upstairs alongside a sunroom or study, supporting versatile living arrangements and the potential for a productive home office or personal retreat. Downstairs, a functional kitchen and bathroom support day-to-day practicality, complementing a bright front lounge that could double as an additional bedroom or work space. Adjoining this is a dedicated dining area perfect for hosting intimate gatherings, enhancing the home's suitability for entertainers.

With original period features intact and delightful views towards Mount Wellington, the property enjoys a distinctive sense of place within a tightly held inner-city pocket. The rear private courtyard, paved and partially covered, provides an easy-care outdoor space for relaxation without demanding extensive maintenance, fitting for busy professionals or those valuing leisure in a compact urban setting. An off-street parking spot adds valuable convenience in this desirable location close to the city.

Currently leased furnished until January 2027, the home offers immediate rental income, making it an attractive proposition for investors targeting the Hobart market, noted for its consistent growth. Its proximity to Hobart CBD, local cafes, shops, the waterfront, and recreational paths positions it as a convenient base for diverse lifestyles, whether professional, downsizing, or short-term rental ventures.

Constructed in 1925 with solid brickwork, the property combines durability with timeless appeal. Annual water and council rates are noted, underscoring its established residential context. Overall, this property balances character, practical layout, and location benefits, presenting a strategic acquisition with lifestyle versatility and strong market credentials.

Local Market Insights

In South Hobart, Quiet Listings observed 13 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 $1,120,385. The property type mix of listed properties is predominantly Houses at 68%, followed by units (16%), and land (5%). The most active agency for houses in the South Hobart area is currently Petrusma Property – Sandy Bay, representing 38% of new listings, followed by EIS Property with 31%. 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.