Hidden Gem Neighborhoods in and Around Hobart You Need to Know About
If you're house hunting in Hobart, you're probably already familiar with popular (and pricey) suburbs like Sandy Bay, Battery Point, and West Hobart. But what if we told you there are underrated, up-and-coming areas offering lifestyle, charm, and solid value—all without the eye-watering price tags?
Whether you're a first-home buyer, savvy investor, or simply looking for a quieter lifestyle, here are three hidden gem neighbourhoods in the Hobart area you should absolutely have on your radar.
π New Town – Artsy, Walkable, and Full of Soul
Just 4km from the Hobart CBD, New Town is one of Hobart’s oldest suburbs, and it's quickly becoming one of its coolest. With its heritage charm, leafy streets, and a growing community of creatives and young professionals, New Town is the Inner North of Hobart.
Why You'll Love It:
β Excellent public transport and walkability
β Trendy cafes, local bakeries, and boutique shops
ποΈ Close to schools, parks, and the Royal Hobart Hospital
Median House Price (2025): ~$815,000
Rental Yield: ~3.7%
π Investor insight: With rental demand on the rise and limited stock, New Town offers steady capital growth and great rental potential.
π Mount Stuart – Close to the City, Big on Lifestyle
If you’re after family-friendly living just minutes from the CBD, Mount Stuart ticks all the boxes. Tucked into the foothills of Knocklofty Reserve, this suburb offers stunning views, quiet streets, and some of Hobart’s most respected schools.
Why You'll Love It:
π« Zoned for top primary and secondary schools
πΏ Walking trails, parks, and green spaces
π Just a 5-minute drive to Hobart CBD
Median House Price (2025): ~$935,000
Rental Yield: ~3.2%
πͺ Perfect for: Young families, professionals, and upsizers looking for more space without compromising on location.
π³ Lenah Valley – Green, Peaceful, and Family-Friendly
Tucked between Mount Wellington and the city, Lenah Valley combines nature with convenience. Think tree-lined streets, friendly neighbours, and a real sense of community—without feeling disconnected from the city buzz.
Why You'll Love It:
π Backdrop of the mountains and bushland
ποΈ Growing café and retail strip on Augusta Road
π₯ Close to Calvary Hospital and other amenities
Median House Price (2025): ~$780,000
Rental Yield: ~3.9%
π± Local secret: A great area for first-home buyers who want affordability, liveability, and growth potential.
β¨ Summary: Hobart’s Hidden Gems Deliver Big Value
While the usual suspects steal the spotlight, these under-the-radar suburbs offer exceptional lifestyle benefits, strong investment potential, and a more grounded, authentic feel of Hobart living.
π‘ Pro Tip: These areas are in high demand with limited supply. If you see something you like—move fast!
π‘ Ready to Explore Hobart’s Hidden Gems?
Whether you're buying your first home or your fifth, choosing the right suburb can make all the difference. These neighborhoods offer the perfect blend of lifestyle and value—before everyone else catches on.
π² Want help finding a property in New Town, Mount Stuart, or Lenah Valley?
Get in touch today—we know these pockets inside and out!ο»Ώ
