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Battery Point suburb profile

Battery Point is Hobart's compact, historic harbourside suburb perched above the Derwent River, known for its narrow, winding streets, sandstone cottages and colonial-era terraces. It has a village atmosphere with ready access to Salamanca Place, the waterfront and the city's cultural precincts, so much of local life centres on markets, cafes, galleries and waterside dining. Residents include professionals, downsizers and families who prize character homes and walkable streets. Small parks and landmarks such as Arthur Circus provide green pockets among concentrated historic properties, and nearby major roads and pedestrian links to the CBD reduce reliance on a car.

Battery Point property market performance

Current median dwelling price$1,252,500Past 3 months

Property growth+7.5%Past 12 months

Like many smaller suburbs, Battery Point sees relatively few property sales, so there isn't enough recent data to publish a reliable median price for houses or units. The figures that are available show house values have risen sharply, up 31.1% over the last 12 months, while unit values have fallen sharply, down 16.0% over the same period.

Over the past 3 months six houses and four units sold. Over the last 12 months houses spent a median of 33 days on market and units 27 days, a similar time.

The rental market in Battery Point recorded average house rent of $778 and average unit rent of $575 over the last 12 months. House rents rose sharply, up 11.1%, while unit rents rose a solid 6.5%, so house rents grew more strongly than unit rents.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
31.1%-16.0%
Sold
Past 3 months
64
Median days on market
Past 12 months
3327
Average rent
Past 12 months
$778$575
Change in rent
Past 12 months
11.1%6.5%

5 year median price trend for houses and units

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Battery Point demographics

Battery Point is a community of 2,096 people with a median age of 43 and a median total household income of $1,891 a week, roughly $98,300 a year.

Families are dominated by couples: couple families without children make up 66.4% and couple families with children 27.0%, so more than nine in ten reported families are couples. One-parent families account for 5.8% and other families 0.8%.

Homes in Battery Point are split between owning and renting. Owner-occupiers comprise just over half at 51.8% (39.0% owned outright and 12.8% owned with a mortgage), while renters make up 48.2%.

Suburbs near Battery Point

Some popular suburbs near Battery Point include:

  • Sandy Bay: Bayside suburb with sandy foreshore, parks and scenic waterfront walking routes.
  • Hobart: Tasmania's state capital, with a historic waterfront, cultural institutions and central amenities.
  • South Hobart: Leafy, established suburb with bushland reserves and a village atmosphere.
  • Glebe: Compact inner-city suburb with character homes and picturesque water views.
  • Dynnyrne: Elevated residential suburb with tree-lined streets and mature garden settings.

How does Battery Point compare to nearby suburbs?

  • Median house prices: Battery Point’s median house price is 35.3% higher than Sandy Bay’s.
  • Median unit prices: Battery Point’s median unit price is 10.5% lower than Sandy Bay’s.
  • House price growth: Over the past 12 months, house prices in Battery Point have grown 30.3% higher than in Sandy Bay.
  • Unit price growth: Property prices in nearby Sandy Bay have risen 16.0% more than in Battery Point over the past year.
  • Selling speed for houses: Properties in Battery Point are selling 10.8% faster than in Dynnyrne.
  • Selling speed for units: Properties in Battery Point are selling 70.0% faster than in Hobart.
  • Investment considerations: In Battery Point, the rental yield for house is 30.8% higher than the Hobart average, while the rental yield for units is 22.3% higher.
  • House price growth: Over the past 12 months, house prices in Battery Point have grown 168.6% higher than the average rate of growth across Hobart.
  • Unit price growth:Over the past 12 months, unit prices in Battery Point have grown 21.9% higher than the average rate of growth for units across Hobart.

Choose the right real estate agents in Battery Point

There are 23 real estate agents in Battery Point, but they don’t all deliver the same results.

Some agents have a much stronger presence in the suburb, with just 5 agents handling around 43.6% of all sales in the past year.

Commission rates in Battery Point typically range from 2.63% to 3.25%. Comparing agents—including what they charge, what’s included, and how they structure their fees—is not only important when choosing an agent, the right structure can help ensure your chosen agent is motivated to achieve the best possible result.

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