Get a property report and suburb profile for any property in Lutana

Join the 2 million Australians* who use our services every year.

Geo Page

Lutana suburb profile

Lutana is a residential suburb located just 6km north of Hobart's CBD in Tasmania, offering a peaceful and community-oriented lifestyle. Known for its charming streets and proximity to the Derwent River, Lutana provides residents with a serene environment while still being close to urban amenities. The suburb features a mix of older homes and newer developments, catering to a diverse range of residents. With easy access to public transport and nearby shopping precincts, Lutana is a convenient choice for families and professionals seeking a balance between city life and suburban tranquility.

Lutana property market performance

Property growth-15.0%Past 12 months

Lutana's property market has shown varied performance over the past 12 months. House values have increased by 7.3%, while unit values have remained stable with no change. Despite the lack of median price data, the market activity indicates a preference for houses, with 11 houses sold compared to just 2 units in the past year.

Houses are selling quickly, with a median of just 13 days on the market, whereas units are taking significantly longer at 47 days, suggesting a slower demand for units. This trend is reflected in the rental market, where house rents have increased by 9.1%, averaging $600, while unit rents have remained unchanged at $440.

HousesUnits
Median price
Past 3 months
$770KN/A
Change in value
Past 12 months
7.9%-37.9%
Sold
Past 3 months
112
Median days on market
Past 12 months
1447
Average rent
Past 12 months
$595$460
Change in rent
Past 12 months
8.2%7.5%

5 year median price trend for houses and units

Access homes before they're listed for sale

Build a buying brief and get first access to properties that aren't yet on the market.

OpenAdvantage

Lutana demographics

Lutana, a suburb located in the northern suburbs of Hobart, Tasmania, offers a blend of suburban tranquility and convenient access to the city. With a population of 2,616, Lutana is a small yet vibrant community that appeals to a diverse range of residents. The median age of 35 suggests a balanced mix of young families, professionals, and long-term residents who appreciate the suburb's peaceful environment and proximity to Hobart's amenities.

The suburb's housing landscape is varied, with a significant portion of properties being owned outright (29.5%) or with a mortgage (33.6%), indicating a stable community with a strong sense of homeownership. However, with 37% of properties rented, Lutana also attracts those seeking rental opportunities, including young professionals and families looking for flexibility. The median total household income of $1,404 per week reflects a modest yet comfortable living standard for its residents.

Family dynamics in Lutana are diverse, with couple families without children making up 41.9% of the households, followed by couple families with children at 31.8%. One-parent families account for 23.9%, highlighting the suburb's inclusive nature and its ability to cater to various family structures. The presence of other family types, though minimal at 2.3%, adds to the suburb's demographic diversity. Lutana's community-oriented atmosphere, combined with its accessibility to Hobart's city center, makes it an appealing choice for those seeking a balanced lifestyle in Tasmania.

Suburbs near Lutana

Some popular suburbs near Lutana include:

How does Lutana compare to nearby suburbs?

  • Median house prices: Lutana’s median house price is 2.7% higher than Moonah’s.
  • House price growth: Over the past 12 months, house prices in Lutana have grown 8.9% higher than in New Town.
  • Unit price growth: Property prices in nearby Moonah have risen 45.8% more than in Lutana over the past year.
  • Selling speed for houses: Properties in Lutana are selling 26.3% faster than in Moonah.
  • Selling speed for units: Properties in nearby Moonah are selling 34.0% faster than in Lutana.
  • Investment considerations: In Lutana, the rental yield for house is .0% lower than the Hobart average, while the rental yield for units is 2.3% lower.
  • House price growth: Over the past 12 months, house prices in Lutana have grown 13.0% lower than the average rate of growth across Hobart.
  • Unit price growth:Over the past 12 months, unit prices in Lutana have grown 42.2% lower than the average rate of growth for units across Hobart.

Choose the right real estate agents in Lutana

Currently, there are 43 real estate agents working in Lutana—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 43 agents sold 25.4% of all properties in Lutana 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 Lutana 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.

Not quite ready to sell?

icon

Property report

Suburb and property report

Completed by independent professional experts not a computer.
icon

OpenEstimates

Digital estimate for your property

Compare your property to three recent sales to get a digital estimate.
icon

Navigate the market like a pro

Navigate the market

Get an understanding of the market signals you should keep an eye on.