City of Hobart
Population
55,077
City of Hobart is a Local Government Area in Australia comprising 16 suburbs with a population of 55,077 residents. For property investors analysing City of Hobart capital growth potential, this council area ranks in the top 60% of Australian LGAs for investment opportunity based on our proprietary scoring algorithm.
The current median house price in City of Hobart is approximately $930K, making it accessible for investors seeking balanced growth and yield. City of Hobart property investment fundamentals show emerging signals.
Growth Performance Prediction
Since 2015, the Picki High Performance Growth algorithm has been selecting the best places to invest across Australia. Over that time it has been responsible for selecting over 400 million dollars worth of properties for property investors and has generated 110% higher capital growth when compared to the average.
Overall Growth Potential
Outperforms 40% of all LGAs
Key Market Indicators
High New Home Construction
Supply Score
Poor Population Forecasts
Population Score
Poor New Projects Upcoming
Project Score
Investment Outlook
This area shows moderate growth potential with mixed indicators across key market factors. Consider evaluating specific factors before investing.
Em
Employment Diveristy
Health Care and Social Assistance - 19.00%
Public Administration and Safety - 16.00%
Education and Training - 11.00%
Accommodation and Food Services - 9.00%
Others - 45.00%
Commute Time
15mins
6kms
Common Transport Methods
Income Growth
Average Income
16 Suburbs in City of Hobart
Ordered by Best Projected Short Term Growth (Green = Buying window)
Trend Indicators:
Suburb Name
Asking Price
Yield
City of Hobart Property Investment FAQs
Is City of Hobart a good area for property investment in 2026?▼
City of Hobart ranks in the top 60% of all Australian Local Government Areas for property investment potential. While City of Hobart currently shows emerging investment signals, there may be specific suburbs within the LGA that outperform the broader area. We recommend analysing individual suburb scores to identify potential opportunities for property growth.
What is the median house price in City of Hobart?▼
The current median house price across City of Hobart is approximately $930K. This median price reflects sales data from properties across all 16 suburbs within the Local Government Area. This price range positions City of Hobart as a mid-market investment destination, balancing capital growth potential with reasonable entry costs for property investors.
What are the best suburbs to invest in City of Hobart?▼
City of Hobart contains 16 suburbs, each with unique investment characteristics and suburb scores. The best suburbs for investment within City of Hobart depend on your investment strategy - whether you're seeking capital growth, rental yield, or a balanced approach. Use our suburb analysis tools to compare all 16 suburbs in City of Hobart ranked by our proprietary suburb score, which factors in price growth trends, rental yields, vacancy rates, and demographic indicators.
What is the capital growth outlook for City of Hobart?▼
City of Hobart's capital growth outlook is variable based on current market indicators. Capital growth in City of Hobart may be uneven across different suburbs. We recommend targeting specific suburbs with strong individual metrics rather than relying on LGA-wide trends.
What is the population of City of Hobart?▼
City of Hobart has a population of approximately 55,077 residents across its 16 suburbs. Population growth is a key indicator for property investment as it drives housing demand. Monitor population trends in City of Hobart as part of your investment research to understand future housing demand.
How many suburbs are in City of Hobart council area?▼
City of Hobart Local Government Area contains 16 suburbs. Each suburb has its own property market dynamics, median prices, and investment potential. When investing in City of Hobart, it's important to analyse individual suburbs rather than relying solely on LGA-level data. Our platform provides detailed suburb scores and analytics for all 16 suburbs to help you identify the best investment opportunities within City of Hobart.
