Back 9 Hill Street
Off Market

9 Hill Street

Bellerive TAS 7018

3
1
4
122 m²
2097 m²
House
Jake TownsJake Towns, last sold this property on 15 March 2026 after 5 days on market.

Overview

Premium Development Parcel in Established Waterfront Precinct

Opportunities of this scale in Bellerive are becoming increasingly rare. Positioned on a substantial 2,097sqm parcel in an elevated, blue chip pocket, 9 Hill Street presents a genuine development opportunity with strong upside for builders and investors looking to deliver quality multi dwelling projects in a proven location. The site captures sweeping views across the River Derwent and towards Mount Wellington, a feature that will directly enhance end values for future dwellings. Surrounded by established homes and quality residences, the setting provides confidence for a well designed townhouse or unit development, subject to council approval. The block size, orientation and elevation create flexibility in design, allowing developers to maximise view corridors, privacy and resale appeal. Currently positioned on the land is a solid brick residence of approximately 122sqm, with garage and carport accommodation. While comfortable and well maintained, the true value lies in the landholding itself. The existing dwelling offers flexibility, whether retained for holding income while plans are finalised, or cleared to unlock the full potential of the site. Bellerive continues to experience strong buyer demand, particularly for new low maintenance dwellings close to the waterfront, village precinct and Hobart CBD. With limited large scale land available in established streets, this property represents a rare chance to secure a project ready opportunity in a tightly held suburb with consistent sales performance. • Expansive 2,097sqm allotment in established Bellerive • Elevated site with water and mountain views • Strong surrounding resale evidence supporting new builds • Ideal for townhouse or multi unit development, STCA • Generous frontage and flexible site layout options • Existing three bedroom home for holding income potential • Quiet residential street with quality neighbouring homes • Minutes to Bellerive Village, cafes, marina and beach • Easy access to Hobart CBD via the Tasman Bridge • Rare large scale development opportunity in a blue chip location Year Built: 1954 Construction: Brick Annual Water Rates: $1,200 approx.. Annual Council Rates: $3,000 approx.

Features

3 bedrooms
1 bathroom
4 carspaces
1 carport space
2 open car spaces
1 garage space
122 m² floor area
2097 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Bellerive over the last 12 months, the estimated median property value of 9 Hill Street is $837.5k.

Median value
$837.5k
Estimated value range
$600k - $1.72m
Median days on market
32
Estimated value trend
3%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Bellerive. 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 9 Hill Street

2026
Sold
Undisclosed
15 Mar 2026 by Jake Towns, of Petrusma Property - Hobart/ Sandy Bay

Happy sellers in Bellerive

63%
63% of sellers in Bellerive reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 15 reviews in Bellerive over the last 12 months.

Local market activity for 3 bedroom houses in Bellerive

In the last 12 months, 20 three-bedroom houses similar to 9 Hill Street, have been sold.

This represents a 37% increase in three-bedroom houses sales when compared to the previous 12 months.

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