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Back 3/1 Burnett Street
Off Market

3/1 Burnett Street

North Hobart TAS 7000

2
2
2
167 m²
260 m²
Apartment
Nick CowleyNick Cowley, last sold this property on 09 November 2025 after 293 days on market.

Overview

Welcome to 3/1 Burnett Street

A Premier Investment in Hobart's Growing Market Introducing 1 Burnett Street, a truly exceptional residence that sets a new benchmark for luxury living in Hobart. With its unparalleled construction, design, and high-end finishes, this home offers not just a premium lifestyle but a significant opportunity for savvy investors looking for strong returns and long-term capital growth. Strong Rental Yield Potential: With a rental appraisal of $850 per week, this property presents an attractive and consistent income stream. Its central location, modern amenities, and luxury finishes ensure high demand from premium tenants. Profitable Short-Term Stay Opportunity: With the potential for up to $69,000 per annum in short-term rental income, investors can capitalise on Hobart's thriving tourism market and increasing demand for upscale short-term accommodation. Prime Location for Capital Growth: Located in the vibrant North Hobart district, just 1.6 km from downtown Hobart and within walking distance of fine dining, entertainment, and the bustling city lifestyle, this property is in a prime area for both long-term tenants and short-term visitors. High-End Construction and Value: At 260m², with luxury features such as hydronically heated polished concrete floors, top-of-the-line AEG appliances, and premium Halton joinery, this property offers unrivalled quality that will appeal to both tenants and buyers in the future. Exceptional Long-Term Capital Appreciation: With construction of this calibre rarely found at such a competitive price in Hobart, 1 Burnett Street presents strong potential for long-term value growth in a rapidly evolving market. - Spacious Layout: Two light-filled bedrooms upstairs, including a deluxe master with a stunning ensuite, offer generous living spaces and exceptional storage. - Gourmet Kitchen: Featuring a curved stone island bench, a butler's pantry, and top-of-the-line AEG appliances, including a 900mm induction cooktop and dual comfort lift dishwashers, perfect for discerning tenants or guests. - Full Home Automation: Control4 system for seamless smart home integration, ensuring ease of living and energy efficiency. Keyless entry and high-end CCTV surveillance offer enhanced security and peace of mind. - Energy Efficiency & Comfort: Daikin reverse cycle heating and cooling and hydronically heated polished concrete floors ensure year-round comfort, while remote-control honeycomb and Venetian blinds enhance privacy and security.

Features

2 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
167 m² floor area
260 m² lot size
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in North Hobart over the last 12 months, the estimated median property value of 3/1 Burnett Street is $887.5k.

Median value
$887.5k
Estimated value range
$720k - $1.25m
Median days on market
113
Estimated value trend
10%
increase over the last 12 months
Average days on market is based on recent, comparable sales in North 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 3/1 Burnett Street

2025
Sold
Undisclosed
09 Nov 2025 by Nick Cowley, of South Property Group

Happy sellers in North Hobart

80%
80% of sellers in North Hobart reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 8 reviews in North Hobart over the last 12 months.

Local market activity for 2 bedroom apartments in North Hobart

In the last 12 months, 5 two-bedroom apartments similar to 3/1 Burnett Street, have been sold.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in North Hobart

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Ben Vance

Ben Vance is a recommended agent for North Hobart.  They have 3 local sales and collected 2 local reviews across the last 12 months.

  •   4.8   (194 reviews)
  •  2 Reviews in North Hobart
  •  3 Sales in North Hobart
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Kim Morgan

Sellers who recommend Kim Morgan have praised them for being local expert, clear communication, reliable, supportive, responsive, honest and strategic

  •   4.9   (206 reviews)
  •  2 Reviews in North Hobart
  •  2 Sales in North Hobart
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Cara Montgomery

Cara Montgomery is a recommended agent for North Hobart.  They have 1 local sale and collected 2 local reviews across the last 12 months.

  •   5   (3 reviews)
  •  2 Reviews in North Hobart
  •  1 Sale in North Hobart
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Nick Cowley

Sellers who recommend Nick Cowley have praised them for being clear communication, local expert, friendly, honest, responsive, supportive and dedicated

  •   5   (125 reviews)
  •  1 Review in North Hobart
  •  3 Sales in North Hobart
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