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Development Potential 
Development Potential
Development Potential
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Development Potential
Development Potential
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Development Potential
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Uncover exciting new project opportunities within Tasmania’s iconic capital city, using DevelopmentReady’s latest listings of development sites in Hobart. Showcasing properties from leading agents, DevelopmentReady allows you to easily explore residential, commercial, industrial and mixed-use opportunities, and to quickly assess their potential, using in-built due diligence reporting tools and current market information.
Offering scenic beauty and famous historic charm, Hobart attracts a growing population of interstate migrants alongside international and local tourists. Property development opportunities exist across multiple sectors, including residential, retail, hotels, leisure and healthcare, and these are all easily searchable using DevelopmentReady’s purpose-built platform.
Not only will DevelopmentReady enable you to quickly find exciting new development sites for sale in Hobart, it will also help you assess their suitability against your investment goals, with in-built maps, due diligence reporting tools and market data.
Property Prices: Housing prices in Hobart are projected to grow by an estimated 4-5% in 2024, followed by an expected 3-4% in 2025 and approximately 3% in 2026.
Rental Yields: Suburbs like the historic Battery Point and picturesque Sandy Bay are experiencing notable rental yield growth, supported by strong demand and limited supply.
Development Potential: An ongoing rise in property prices coupled with growing rental yields offer promising development potential, particularly in Hobart’s much sought-after heritage-rich suburbs.
Demographics: Hobart's beautiful scenery, historic neighbourhoods and small-city lifestyle make it an attractive landing point for interstate migrants seeking a lifestyle change, plus many visiting local and international tourists.
Economic Indicators: Hobart is experiencing steady economic growth on the back of growing tourism and leisure sectors, alongside education and healthcare activities.
View recently sold listings and compare property development sites across Hobart.
Commercialready.com.au is a specialised marketplace for income-producing commercial property.
Built specifically for commercial property investors, it’s designed to help users find, research,
and act on high-quality opportunities. We connect serious buyers with active listings and support
agents with a focused, investment-minded audience.
Some listings from CommercialReady also suit developers — especially when they involve leased assets, holding income, or future development potential. We show them here when they’re relevant to the DevelopmentReady audience.
