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Back 454 Elizabeth Street
Off Market

454 Elizabeth Street

North Hobart TAS 7000

4
2
5
371 m²
3280 m²
House
Last sold for $2,850,000
Abi FreemanAbi Freeman, last sold this property on 17 September 2025 after 14 days on market.

Overview

‘Arcadie’ - A landmark Hobart residence

Circa 1924 and designed by esteemed Hobart architect Bernard Walker, 'Arcadie' is a distinguished family estate set within 3,280sqm of extensive grounds in one of North Hobart's most coveted enclaves. Exemplifying Walker's signature Federation style with Arts and Crafts influences, the residence showcases timeless design, superior craftsmanship and the enduring use of fine local materials throughout the sandstone and red brick construction. Lovingly held by the same family since 1971 and most recently by Walker's own son and daughter-in-law, 'Arcadie' has been carefully preserved, with exquisite original features retained throughout. Offered to the market for the first time in more than 50 years, this rare opportunity combines architectural provenance with significant future potential. With flexible urban mixed-use zoning, the property presents as a substantial family home of rare pedigree, while also affording scope for a range of alternative commercial uses, subdivision, or development (STCA). Whether treasured as a generational residence or reimagined for new possibilities, Arcadie stands as one of Hobart's most notable heritage residences taken to market, in this sought after location, for quite some time. A grand entry foyer, accessed via the front verandah, immediately sets the tone of elegance carried throughout the home's two expansive levels. The ground floor is dedicated to refined living and entertaining, offering a series of gracious reception rooms including a generously proportioned living room, a formal dining room, a charming sitting room, a sunroom bathed in natural light, and the family kitchen. Practicality is also well considered, with laundry facilities, storage room, and a bathroom completing this level. The staircase ascends to the upper level, where a grand primary suite is a private retreat with direct access to the sunroom with water views and an adjoining study or nursery, providing exceptional versatility. Three further well-proportioned bedrooms and a central family bathroom complete this floor, ensuring ample accommodation for family and guests. Ornate timber panelling, high ceilings, leadlight windows and picture rails and original fireplaces with surrounds enrich the home's character, while modern enhancements, including an electric fireplace in the dining room and central heating ensure year-round comfort. The established grounds are equally enchanting, with a canopy of mature fruit trees, lawns proven to host many a backyard cricket match, and a gazebo providing a picturesque setting for outdoor entertaining. A garage, garden shed and workshop further enhance the property's amenity. Positioned just moments from The Friends' School and other excellent schools, Hill Street Grocer, the vibrant North Hobart café and dining strip, and public transport, this coveted address promises an unrivalled lifestyle of both convenience and charm. This is a rare opportunity to acquire a substantial holding and become the next custodian of Arcadie, carrying forward its rich heritage and cherished memories.

Features

4 bedrooms
2 bathrooms
5 carspaces
4 open car spaces
1 garage space
371 m² floor area
3280 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in North Hobart over the last 12 months, the estimated median property value of 454 Elizabeth Street is $1.16m.

Median value
$1.16m
Estimated value range
$725k - $2.85m
Median days on market
59
Estimated value trend
11%
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 454 Elizabeth Street

2025
Sold
$2,850,000
17 Sep 2025 by Abi Freeman, of Elders Tasmania

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 4 bedroom houses in North Hobart

In the last 12 months, 7 four-bedroom houses similar to 454 Elizabeth Street, have been sold.

This represents a 12% increase in four-bedroom houses sales when compared to the previous 12 months.

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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