Back 10/8 Allison Street
Off Market

10/8 Allison Street

West Hobart TAS 7000

1
1
1
56 m²
70 m²
Apartment
Last sold for $390,000
Joel NielsenJoel Nielsen, last sold this property on 03 November 2025 after 75 days on market.

Overview

Low-Maintenance Living with City Convenience

Perfectly positioned in one of Hobart's most sought-after suburbs, this larger than average one-bedroom apartment is an ideal choice for first home buyers, investors, or those seeking a low-maintenance city base. Currently tenanted until January at $400 per week, the property achieves a gross yield of approximately 5.5%, making it a solid investment option from day one. Set within a well-kept complex, it enjoys a convenient location with Hill Street Grocer, cafes and parks all just a short stroll away. The home offers a light-filled open-plan living and dining space, a practical kitchen, and a generous bedroom with built-in storage. Off-street parking adds to the overall appeal, making this an easy-care property in a highly desirable area. With the CBD only minutes away and public transport close at hand, this unit combines lifestyle and convenience. Add to this the Tasmanian Government incentives for first home buyers, downsizers, and the First Home Guarantee Scheme, and the opportunity becomes even more compelling - making now the perfect time to secure your place in the West Hobart market. Whether you're looking for your first entry into the area or a secure investment opportunity, this property is well worth your inspection.

Features

1 bedroom
1 bathroom
1 carspace
1 open car space
56 m² floor area
70 m² lot size
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in West Hobart over the last 12 months, the estimated median property value of 10/8 Allison Street is $480.5k.

Median value
$480.5k
Estimated value range
$390k - $657k
Median days on market
31
Estimated value trend
-23%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in West Hobart. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 10/8 Allison Street

2025
Sold
$390,000
03 Nov 2025 by Joel Nielsen, of EIS Property Hobart
2024
Rented
Undisclosed
Leased on 30 Jun 2024 by EIS Property Hobart
2023
Sold
Undisclosed
28 Jun 2023 by Joel Nielsen, of EIS Property Hobart

Happy sellers in West Hobart

79%
79% of sellers in West Hobart reported that their sale price either exceeded or met their price expectations.

West Hobart stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 19 reviews in West Hobart over the last 12 months.

Local market activity for 1 bedroom apartments in West Hobart

In the last 12 months, 3 one-bedroom apartments similar to 10/8 Allison Street, have been sold.

This represents a 300% decrease in one-bedroom apartments sales when compared to the previous 12 months.

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