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Hobartville, NSW 2753

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Hobartville, NSW 2753 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Hobartville, NSW 2753”

  1. The total adult population (15 years or older) of Hobartville 2753 NSW is 2,172, with a median age of 35. Of those, 43.14% are married, 14.36% are divorced or separated, 37.85% are single and 4.74% are widowed.

    The average household size is 2.5 people per dwelling, and the median household monthly income is estimated to be $8,508. The median monthly mortgage repayment for households in this suburb is $2,141 which is 25.16% of their earnings.

    Source: ABS Census Data (2021)

  2. The suburb of Hobartville, postcode 2753, is nestled in NSW and encompasses an estimated 1140 households. As we take a closer look at the property market statistics for the third quarter of 2023, it becomes clear that houses in Hobartville have been trading hands for around $814,606 on average. They typically generate weekly rent of about $512, shaping an indicative yield of 3.27%.

    In terms of socioeconomic standing, Hobartville sports an IRSAD score of 968 out of 1217, indicating a reasonably good socioeconomic stature in terms of income levels and access to economic resources. The suburb boasts a renter to owner ratio of 33% – a value that, while slightly above the ideal, still keeps the market rather appealing to prospective buyers.

    In Hobartville, the real estate market is dominated by houses, with a units to houses ratio of an astoundingly low 0%, promising less competition among landlords and an expectedly longstanding tenancy. However, potential investors should be aware of the higher than average time it would take to fully own a property in this area. The affordability index stands at 37 years which is above the typical 30-year period and thus indicates decreased affordability.

    When we pivot to supply indicators, Hobartville showcases a promisingly low stock on market Percentage at just 0.18%, pointing to a low supply market that might stimulate price growth. Similarly, the inventory level for houses stands at 0.77 months, further underscoring the limited supply dynamic. The building approvals Ratio of 0.0% suggests a restrained influx of new dwellings, keeping the market balance steady.

    From a demand point of view, houses in Hobartville linger on the market for an average of 58 days – a moderate selling speed that signals towards a balanced market. The Vacancy Rate, including both houses and units, is extraordinarily low at 0.54%, indicating high renter demand in the area.

    Lastly, the buy search index for houses stands at 5, suggesting that online interest in buying property in the area is on par with the state or city average. This index, coupled with the underlying market indicators, makes the property market in Hobartville an interesting prospect for investigation by potential investors and buyers agents. As always, the Relative Composite Score (RCS) provided by HtAG Analytics can come in handy to simplify the studying of these multiple factors.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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