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Herdsmans Cove suburb profile

Herdsmans Cove is a small waterside suburb on the eastern shore of the River Derwent, positioned beside Bridgewater and Brighton. It is largely residential, with modest single-storey homes and some more recent low-density housing running toward the foreshore. The suburb offers a quiet, riverside way of life, with foreshore reserves and walking areas that attract birdwatchers and people who enjoy waterfront views. Everyday shops, schools and services are found in the neighbouring centres, and road and bus links make access to the broader Hobart region straightforward for commuters and weekend outings.

Herdsmans Cove property market performance

There haven't been enough recent property sales in Herdsmans Cove to publish a reliable median price for houses or units. Over the last 3 months seven houses changed hands, and houses sold in a median of 18 days over the last 12 months.

The rental market in Herdsmans Cove shows house rents averaging $470 a week, up a solid 6.8% over the last 12 months.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
N/AN/A
Sold
Past 3 months
7N/A
Median days on market
Past 12 months
18N/A
Average rent
Past 12 months
$470N/A
Change in rent
Past 12 months
6.8%N/A

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Herdsmans Cove demographics

Herdsmans Cove is a community of 1,199 people with a median age of 29 and a median total household income of $1,012 a week, roughly $52,624 a year.

The family profile is notable for a high share of one-parent families, which make up 46.4% of families. Couple families with children account for 35.0% and couple families without children 15.7%, while other families represent 2.9%. Together, couple families with and without children make up 50.7% of family arrangements.

Homes in Herdsmans Cove are mainly rented: 67.6% of dwellings are rented, compared with 32.4% owner-occupied overall (10.5% owned outright and 21.9% owned with a mortgage), so roughly two-thirds of households are renters.

Suburbs near Herdsmans Cove

Some popular suburbs near Herdsmans Cove include:

How does Herdsmans Cove compare to nearby suburbs?

  • Median house prices: Herdsmans Cove’s median house price is 49.5% lower than Old Beach’s.
  • Selling speed for houses: Properties in Herdsmans Cove are selling 63.3% faster than in Granton.
  • House price growth: Over the past 12 months, house prices in Herdsmans Cove have grown 35.0% lower than the average rate of growth across Hobart.

Choose the right real estate agents in Herdsmans Cove

Currently, there are 19 real estate agents working in Herdsmans Cove—but not all agents deliver the same results. The right agent could make a huge difference to your final sale price.

Only 5 out of these 19 agents sold 46.2% of all properties in Herdsmans Cove over the past year. Choosing one of these top-performing agents means tapping into proven expertise for a better sale outcome.

Real estate agents in Herdsmans Cove typically charge a commission of 2.63% to 3.25%. Negotiating a fair commission rate and the right structure can motivate your agent to work even harder, helping you sell for more and potentially saving you thousands of dollars.

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