Get an expert analysis of the Hobart property market in 2025. Northern Suburbs Realty breaks down the latest house prices, trends, and opportunities, with a special focus on suburbs like Glenorchy, Moonah, and beyond.
Get an expert analysis of the Hobart property market in 2025. Northern Suburbs Realty breaks down the latest house prices, trends, and opportunities, with a special focus on suburbs like Glenorchy, Moonah, and beyond.
Hobart Property Market Report 2025: An Insider’s Guide to the Northern Suburbs
As Hobart continues to capture the hearts of lifestyle seekers and savvy investors across Australia, its dynamic property market presents both exciting opportunities and complex questions. While headline figures provide a snapshot, a true understanding requires local knowledge—the kind that can only come from being on the ground, every single day.
At Northern Suburbs Realty, we are more than just agents; we are passionate advocates for our community. This report provides a deep dive into the broader Hobart market for 2025, with an exclusive focus on the value, lifestyle, and potential that make the Northern Suburbs a standout choice for buyers and sellers.
| Market | CBA forecast 2025 | Westpac forecast 2025 | NAB forecast 2025 | ANZ forecast 2025 |
|---|---|---|---|---|
| National | 6.0% | 3.0% | 3.0% | 3.0% |
| Sydney | 5.0% | 3.0% | 1.0% | 2.7% |
| Melbourne | 5.0% | 1.0% | 2.3% | 4.1% |
| Brisbane | 8.0% | 3.0% | 5.9% | 7.3% |
| Adelaide | 6.0% | 4.0% | 5.0% | 4.7% |
| Adebane | 8.0% | 4.0% | 4.0% | 7.3% |
| Hobart | 4.0% | 2.0% | 0.0% | 5.3% |
| Darwin | 13.0% | NA | NA | 2.20% |
| Canberra | 6.0% | NA | NA | 2.6% |
The Hobart Market: A 2025 Snapshot
The Hobart market in 2025 is a story of stability and resilience. After a period of correction, the city has found a sustainable rhythm. As of late 2025, the key indicators for Greater Hobart are:
- Median House Price: ~$729,000
- Median Unit Price: ~$550,000
- Gross Rental Yield: A strong ~4.4%
While the market is no longer seeing the frantic pace of previous years, consistent buyer demand and a tight supply of quality homes are keeping values firm. This stability creates a confident environment for both purchasing and selling.
Hobart Property Data
| Property type | Month change (Jul 25) | Quarter change (Jul 25) | Annual change (Jul 25) | Current median price (Jul 25) |
|---|---|---|---|---|
| Hobart houses | -0.1% | -0.1% | 2.2% | $714,691 |
| Hobart units | 0.9% | 0.9% | 0.4% | $552,352 |
The Spotlight on the Northern Suburbs: Where Value Meets Lifestyle
While the prestige of Battery Point and Sandy Bay is well-known, the smartest buyers and investors are increasingly turning their attention north. Hobart’s Northern Suburbs offer a compelling blend of affordability, convenience, and community that is unmatched in the current market.
From the bustling retail and community hub of Glenorchy to the riverside charm of Claremont and the vibrant, evolving culture of Moonah, the Northern Suburbs represent the future of Hobart living. Here’s why:
- Affordability & Value: The median house prices in the Northern Suburbs offer an accessible entry point to the Hobart market without compromising on space or amenities, providing incredible value for families and first-home buyers.
- Unmatched Convenience: With major shopping centres, schools, recreational facilities, and excellent transport links to the CBD, the region has everything you need right on your doorstep.
- Strong Growth Potential: As the Hobart CBD expands and property prices in the inner-ring rise, the Northern Suburbs are perfectly positioned for consistent, long-term capital growth.
| Property type | Month change (Jul 25) | Quarter change (Jul 25) | Annual change (Jul 25) | Current median price (Jul 25) |
|---|---|---|---|---|
| Hobart units | 0.9% | 0.9% | 0.4% | $552,352 |
Source: Cotality
For the Investor: Why the Northern Suburbs Make Financial Sense
Hobart’s rental market remains incredibly tight, with low vacancy rates driving strong returns for investors. The Northern Suburbs are a particularly attractive proposition. The combination of a more affordable purchase price and high tenant demand translates directly into superior rental yields compared to more expensive inner-city suburbs.
Properties in areas like Rosetta and Lutana are highly sought after by quality long-term tenants, ensuring a stable and profitable addition to your investment portfolio.
| Hobart sales volume | Hobart days on market |
|---|---|
| 3.0% Change from 12mo ago |
49 days 37 days 12mo ago |
Our Market Outlook: Confidence in Hobart’s Future
The long-term outlook for Hobart real estate is exceptionally positive. Continued population growth, significant infrastructure investment, and the city’s undeniable lifestyle appeal will underpin property values for years to come.
We believe the Northern Suburbs are set to be a primary beneficiary of this growth. As more people discover the unique combination of community, convenience, and value on offer, demand will only continue to rise.
| Hobart new listings | Hobart total listings |
|---|---|
| -20.5% Change from 12mo ago |
-31.0% Change from 12mo ago |
Source: Cotality
Partner with the True Local Experts
Navigating the property market requires more than just data; it requires nuanced, local insight. Whether you are looking to buy your dream family home, sell for a premium price, or make a strategic investment, our team at Northern Suburbs Realty has the expertise to make your goals a reality.
Don’t just watch the market—make your best move in it. Contact Northern Suburbs Realty today for a confidential discussion about your property ambitions.
