FairSquare analyses every Australian suburb for property investors — score, yield, risk and a full investment verdict.
FairSquare's model rates West Hobart, Tasmania 7.5 out of 10 (Steady Buy) as of May 2026.
West Hobart offers a compelling investment due to its tightly held market, evidenced by a 0.7% vacancy rate and low supply, fuelled by strong tenant demand from its 2km proximity to the CBD. This structural demand imbalance underpins reliable rental income and strong potential for future capital appreciation. Structural owner-occupier demand has not yet been priced into the market — a re-rating window remains open. Depth of owner-occupier demand creates a reliable price floor through cycle downturns.
The median price is derived, not estimated. Every number on this page traces back to the model's proprietary yield surface — calibrated for each part of the country and resolved against distance from CBD. The price falls out of the formula.
Inputs for this suburb sit at the top of our calibration tier. The model is not guessing.
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Unlock 9 signals — A$25 →FairSquare's model rates West Hobart, Tasmania 7.5 out of 10 (Steady Buy) as of May 2026. West Hobart offers a compelling investment due to its tightly held market, evidenced by a 0.7% vacancy rate and low supply, fuelled by strong tenant demand from its 2km proximity to the CBD. This structural demand imbalance underpins reliable rental income and strong potential for future capital appreciation.
The median house price in West Hobart, TAS is $856K. Weekly rent of $650 against a 3.9% gross yield underpins this figure.
West Hobart has a gross rental yield of 3.9%, with a median weekly rent of $650. 12-month price growth is tracking at +6.5%.
Based on its market signals, West Hobart aligns with: Defensive Hold, Long Hold.