As of June 2026, a normal house in Hobart costs about A$820,000, which is roughly US$530,000 or €490,000, but foreign buyers should also plan for high buying costs and strict Australian rules on established homes.
[VARIABLE INTRO GREEN HTML] [VARIABLE COVER HTML]We constantly update this blog post so the Hobart house prices, taxes and buyer costs stay as close as possible to the market in June 2026.
Hobart is a small capital city, so house prices can change quickly when a limited number of good family houses come to market.
This guide focuses only on houses in Hobart, not apartments, units or commercial property.
And if you’re planning to buy a property in this place, you may want to download our pack covering the real estate market in Hobart.
How much do houses cost in Hobart as of 2026?
What's the median and average house price in Hobart as of 2026?
As of 2026, the estimated median house price in Hobart is about A$820,000, or roughly US$530,000 and €490,000, while the average house price in Hobart is closer to A$925,000, or about US$600,000 and €555,000.
For most Hobart house buyers in 2026, a realistic price range covering much of the market is about A$550,000 to A$1.25 million, or roughly US$360,000 to US$810,000 and €330,000 to €750,000.
The average house price in Hobart is higher than the median because expensive homes in Battery Point, Sandy Bay, Taroona, Mount Nelson and waterfront streets pull the average upward.
At the Hobart median house price in 2026, a buyer can usually expect an older 3-bedroom detached house, often on a modest suburban block, rather than a renovated inner-city character home.
What's the cheapest livable house budget in Hobart as of 2026?
As of 2026, the cheapest realistic livable house budget in Hobart is about A$520,000 to A$600,000, or roughly US$340,000 to US$390,000 and €310,000 to €360,000.
At this entry price in Hobart, “livable” usually means an older small house with working services, basic heating and no urgent structural crisis, not a newly renovated home.
The cheapest livable houses in Hobart in 2026 are usually found in Gagebrook, Bridgewater, Herdsmans Cove, Chigwell, Risdon Vale, Clarendon Vale, Rokeby and parts of Glenorchy.
[VARIABLE WHAT YOU CAN GET BUDGET]This is why a foreign buyer who wants fewer repair surprises in Hobart should usually think closer to A$600,000 to A$680,000, or about US$390,000 to US$440,000 and €360,000 to €410,000.
How much do 2 and 3-bedroom houses cost in Hobart as of 2026?
As of 2026, a typical 2-bedroom house in Hobart costs about A$650,000, or roughly US$420,000 and €390,000, while a typical 3-bedroom house costs about A$780,000, or roughly US$510,000 and €470,000.
A realistic 2-bedroom house price range in Hobart in 2026 is about A$600,000 to A$720,000, or roughly US$390,000 to US$470,000 and €360,000 to €430,000.
A realistic 3-bedroom house price range in Hobart in 2026 is about A$680,000 to A$880,000, or roughly US$440,000 to US$570,000 and €410,000 to €530,000.
Moving from a 2-bedroom house to a 3-bedroom house in Hobart often adds around A$100,000 to A$170,000, because a third bedroom usually means a more family-friendly block and wider resale demand.
How much do 4-bedroom houses cost in Hobart as of 2026?
As of 2026, a typical 4-bedroom house in Hobart costs about A$950,000 to A$1.1 million, or roughly US$620,000 to US$715,000 and €570,000 to €660,000.
A realistic 5-bedroom house price range in Hobart in 2026 is about A$1.15 million to A$1.8 million, or roughly US$750,000 to US$1.17 million and €690,000 to €1.08 million.
A realistic 6-bedroom house price range in Hobart in 2026 is about A$1.5 million to A$2.5 million, or roughly US$975,000 to US$1.63 million and €900,000 to €1.5 million.
Please note that we give much more detailed data in our pack about the property market in Hobart.
How much do new-build houses cost in Hobart as of 2026?
As of 2026, a new-build house in Greater Hobart usually costs about A$650,000 to A$1.15 million, or roughly US$420,000 to US$750,000 and €390,000 to €690,000.
New-build houses in Hobart usually cost about 10% to 20% more than similar older resale houses, mainly because land is scarce and construction costs remain high in southern Tasmania.
How much do houses with land cost in Hobart as of 2026?
As of 2026, a house with a useful land component in Hobart usually costs about A$950,000 to A$1.5 million, or roughly US$620,000 to US$975,000 and €570,000 to €900,000.
In Hobart, a “house with land” usually means at least 1,000 sqm, because a normal suburban detached house often sits on a smaller 500 sqm to 700 sqm block.
[VARIABLE HOW MUCH LAND]Large blocks cost more in Hobart because the Derwent River, Mount Wellington foothills, steep streets and heritage areas limit easy new land supply.
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Where are houses cheapest and most expensive in Hobart as of 2026?
Which neighborhoods have the lowest house prices in Hobart as of 2026?
As of 2026, the lowest house prices in Hobart are generally in Gagebrook, Bridgewater, Herdsmans Cove, Chigwell, Risdon Vale, Clarendon Vale, Rokeby and some parts of Glenorchy.
Typical house prices in these cheaper Hobart areas range from about A$450,000 to A$780,000, or roughly US$290,000 to US$510,000 and €270,000 to €470,000.
These areas are cheaper because many homes are farther from the historic CBD, have older public-housing-era stock, or sit outside Hobart’s strongest school, waterfront and lifestyle corridors.
Which neighborhoods have the highest house prices in Hobart as of 2026?
As of 2026, the three most expensive house areas in Hobart are Battery Point, Sandy Bay and Taroona, with Mount Nelson, Tranmere and premium Bellerive waterfront streets close behind.
Typical house prices in these premium Hobart areas range from about A$1.1 million to A$2.5 million+, or roughly US$715,000 to US$1.63 million+ and €660,000 to €1.5 million+.
These neighborhoods command the highest house prices in Hobart because buyers pay for heritage streets, Derwent River views, school access, university access and short drives to the CBD.
The typical premium-house buyer in these Hobart suburbs is often a high-income local family, interstate lifestyle buyer, returning Tasmanian professional or cashed-up downsizer wanting views and walkability.
How much do houses cost near the city center in Hobart as of 2026?
As of 2026, houses near Hobart city center, mainly Battery Point, West Hobart, South Hobart, North Hobart and inner New Town, usually cost about A$950,000 to A$1.5 million, or roughly US$620,000 to US$975,000 and €570,000 to €900,000.
Houses near major Hobart transit and commuter hubs such as Moonah, New Town, Glenorchy, Rosny, Bellerive and Kingston usually cost about A$650,000 to A$1.2 million, or roughly US$420,000 to US$780,000 and €390,000 to €720,000.
Houses near sought-after schools such as Taroona High School, Princes Street Primary, Albuera Street Primary, Fahan School, The Hutchins School, St Michael’s Collegiate and The Friends’ School often cost about A$950,000 to A$1.6 million, or roughly US$620,000 to US$1.04 million and €570,000 to €960,000.
Houses in expat-popular Hobart areas such as Sandy Bay, Battery Point, South Hobart, West Hobart, North Hobart, Bellerive, Kingston and Taroona usually cost about A$900,000 to A$1.8 million, or roughly US$585,000 to US$1.17 million and €540,000 to €1.08 million.
[VARIABLE EXPAT GUIDE]How much do houses cost in the suburbs in Hobart as of 2026?
As of 2026, a typical suburban house in Hobart costs about A$650,000 to A$900,000, or roughly US$420,000 to US$585,000 and €390,000 to €540,000.
Suburban houses in Hobart are often about 20% to 35% cheaper than inner-city houses, which can mean a saving of about A$250,000 to A$500,000, or roughly US$160,000 to US$325,000 and €150,000 to €300,000.
The most popular Hobart suburbs for practical house buyers include Glenorchy, Moonah, Claremont, Rokeby, Howrah, Old Beach, Sorell, Kingston and Blackmans Bay.
What areas in Hobart are improving and still affordable as of 2026?
As of 2026, the best improving but still affordable areas for house buyers in Hobart are Glenorchy, Moonah, Claremont, Rokeby, Risdon Vale, Sorell, Old Beach and parts of Bridgewater.
Typical house prices in these improving Hobart areas range from about A$580,000 to A$850,000, or roughly US$375,000 to US$550,000 and €350,000 to €510,000.
The main sign of improvement is not luxury redevelopment, but steady renovation of older homes, more new-build activity, stronger commuter demand and spillover from priced-out inner Hobart buyers.
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What extra costs should I budget for a house in Hobart right now?
What are typical buyer closing costs for houses in Hobart right now?
For a normal local buyer in Hobart, typical closing costs are about 5% to 7% of the house price, while a foreign buyer can face about 13% to 15% because of Tasmania’s foreign investor duty surcharge.
On a A$820,000 Hobart house, normal transfer duty is about A$32,000, or roughly US$21,000 and €19,000, while the 8% foreign surcharge adds about A$66,000, or roughly US$43,000 and €40,000.
The largest closing cost for most Hobart house buyers is Tasmanian transfer duty, and for foreign buyers the foreign investor duty surcharge is usually even larger.
We cover all these costs and what are the strategies to minimize them in our property pack about Hobart.
How much are property taxes on houses in Hobart right now?
A typical owner-occupied Hobart house in 2026 should budget about A$2,300 to A$3,000 per year for council rates and charges, or roughly US$1,500 to US$1,950 and €1,400 to €1,800.
Hobart council rates are calculated from the property’s capital value, then combined with service charges such as stormwater, fire service and waste charges.
[VARIABLE PROPERTY TAXES FEES]A principal residence in Tasmania is generally not subject to land tax, but investment houses and some foreign-owned residential land can face extra annual tax exposure.
How much is home insurance for a house in Hobart right now?
A typical Hobart house in 2026 should budget about A$1,800 to A$3,500 per year for home insurance, or roughly US$1,200 to US$2,300 and €1,100 to €2,100.
Home insurance premiums in Hobart depend heavily on bushfire risk, flood and stormwater risk, slope, retaining walls, old wiring, roof condition, heritage features and replacement cost.
What are typical utility costs for a house in Hobart right now?
A normal Hobart house in 2026 should budget about A$350 to A$550 per month for utilities, or roughly US$230 to US$360 and €210 to €330.
A simple monthly breakdown is about A$150 to A$235 for electricity, A$110 to A$140 for water and sewerage, A$65 to A$90 for internet, and around A$25 to A$35 for council waste-related charges.
What are common hidden costs when buying a house in Hobart right now?
Common hidden costs for Hobart house buyers in 2026 often total about A$10,000 to A$30,000, or roughly US$6,500 to US$19,500 and €6,000 to €18,000.
Typical inspection fees in Hobart are about A$550 to A$1,000 for a building inspection, plus about A$250 to A$450 for a pest inspection if it is charged separately.
Other hidden costs in Hobart include conveyancing searches, old-roof repairs, damp treatment, drainage work, asbestos checks, retaining walls, heating upgrades and heritage-related restrictions.
The hidden cost that surprises many first-time Hobart house buyers most is drainage or damp repair, because many older houses sit on slopes or in colder, wetter pockets.
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What do locals and expats say about the market in Hobart as of 2026?
Do people think houses are overpriced in Hobart as of 2026?
As of 2026, many locals and expats see Hobart houses as expensive compared with local wages, especially in Sandy Bay, Battery Point, West Hobart, South Hobart, Taroona and Bellerive.
Good houses in Hobart often sell in about 25 to 50 days, with the best-priced family houses moving faster than overpriced premium listings.
The main reason people call Hobart house prices too high is that a small capital city now has capital-city prices, but local incomes have not risen as quickly as detached-house values.
Compared with one or two years earlier, sentiment in Hobart is less frantic than the 2021 boom period, but buyers still feel pressure because quality detached houses remain scarce.
[VARIABLE REAL ESTATE MARKET]Are prices still rising or cooling in Hobart as of 2026?
As of 2026, Hobart house prices are still rising, but the pace is calmer than during the strongest part of the post-pandemic boom.
The estimated year-over-year change for Hobart house prices in June 2026 is about 8% to 10%, depending on whether the source tracks houses only or all dwellings.
For the next 6 to 12 months, many market watchers expect Hobart house prices to grow more slowly, because low supply supports prices but high borrowing costs limit buyer budgets.
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What sources have we used to write this blog article?
Whether it’s in our blog articles or the market analyses included in our property pack about Hobart, we always rely on the strongest methodology we can … and we don’t throw out numbers at random.
We also aim to be fully transparent, so below we’ve listed the authoritative sources we used, and explained how we used them and the methods behind our estimates.
| Source | Why this source matters | How we used it |
|---|---|---|
| Domain House Price Report, March 2026 | Domain is a major Australian property data firm. | We used it for Hobart’s March 2026 median house price. We treated it as a strong quarterly anchor. |
| OpenAgent using Cotality data | Cotality is a major Australian housing data provider. | We used it for April and May 2026 Hobart market movement. We used it to update the March price picture. |
| ABS Total Value of Dwellings | The ABS is Australia’s official statistics agency. | We used it as a national and state-level control. We did not use it alone for suburb prices. |
| PropTrack Home Price Index | PropTrack tracks monthly Australian home values. | We used it as a market-direction cross-check. We did not treat it as the only price source. |
| State Revenue Office Tasmania duty rates | This is the official Tasmanian duty source. | We used it to calculate normal transfer duty. We used official rate bands rather than private calculators. |
| State Revenue Office Tasmania foreign investor surcharge | This is the official foreign-buyer surcharge source. | We used it because the reader is foreign. We added it separately from normal duty. |
| ATO foreign purchase ban | The ATO explains federal foreign-buyer restrictions. | We used it to warn foreign buyers about established homes. We still priced houses to explain the market. |
| City of Hobart rates and charges | This is the local council rates source. | We used it to estimate annual council rates. We focused on residential capital-value rates and fixed charges. |
| Tasmanian Economic Regulator regulated prices | This regulator sets key utility price controls. | We used it for electricity, water and sewerage cost checks. We favored regulated prices over promotional offers. |
| Aurora Energy standing offer prices | Aurora is Tasmania’s main regulated electricity retailer. | We used it for residential electricity tariff context. We applied it to typical household usage ranges. |
| realestate.com.au house-and-land listings | It gives live asking-price texture. | We used it for new-build and house-and-land budgets. We treated asking prices as indicative only. |
| Tas Conveyancing pricing | It publishes local buyer conveyancing costs. | We used it to estimate legal and search costs. We cross-checked it with common Tasmanian buying practice. |
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