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Realestate.com.au data shows the most popular areas for rentals based on three-year search results

Hobart aerial

Hobart’s most sought-after streets aren’t all in blue chip suburbs.

HOBART’S most popular home rental locations have been revealed, with experts saying there is a clear difference between where people want to rent and where they want to buy.

Realestate.com.au data, based on the past three years of searches, shows Davey St in Hobart is the number one location where Tasmanians want to rent a home.

SEE THE FULL LIST BELOW >>

Realestate.com.au chief economist Nerida Conisbee said Davey St’s popularity was due to its affordability and convenience.

“A lot of renters just want somewhere cheap, practical and close to shopping etc. That is what is on offer there,” she said.

350A Davey St, South Hobart. Petrusma.

Other rental areas most searched include Edgar St in Claremont and Glenorchy’s Vieste Dr.

“Popular streets for renting are very different to those for buying. The motivation there is different,” Ms Conisbee said.

“They are decent suburbs but they are cheaper suburbs. Renters are not aspirational, they are more practical. It’s not an investment, they are just looking.”

TASMANIA’S TOP 20 MOST POPULAR STREETS TO RENT

1. Davey St, Hobart

2. Edgar St, Claremont

3. Vieste Dr, Glenorchy

4. Molle St, Hobart

5. Canberra Rd, Claremont

6. Salvator Pl, West Hobart

7. Victoria Esp, Bellerive

8. Baintree Ave, Dynnyrne

9. Macquarie St, Hobart

10. Maple Ave, Moonah

11. Grevillea Ave, Old Beach

12. Southview Cres, New Norfolk

13. Mctavish Ave, North Hobart

14. Church St, Kingston Beach

15. Capri Dr, Sandy Bay

16. Castray Esp, Battery Point

17. Beach Rd, Snug

18. Princes St, Sandy Bay

19. Corby Ave, West Hobart

20. Buckingham Dr, Howrah

Ms Conisbee said “It’s no surprise” how different popular streets are when comparing buyers to renters.

“They are suburbs that young people want to live in, because renters are generally younger,” she said.

“They might be suburbs that are fun to live in, super cheap or close to universities.”

Knight Frank department manager Robbie Yeoland said the company managed six Macquarie St rental properties.

350A Davey St, South Hobart. Petrusma.

She said Knight Frank regarded Bellerive as the most popular Eastern Shore suburb to rent at, while the company had seen a rise in international renters.

“We are seeing that many Hobart renters are from places such as India, Nepal and Pakistan,’ she said.

“The reason is because Tasmania is a regional area as classified by Immigration Department, and so by spending a couple years in Tasmania, it helps people from those countries progress the status of their residency application.”

Ms Yeoland said Knight Frank had acquired 19 former Airbnb properties as rentals since January – a direct result of COVID-19 border restrictions.

james.kitto@news.com.au

The post Realestate.com.au data shows the most popular areas for rentals based on three-year search results appeared first on realestate.com.au.

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Looking for a perfectly positioned pad? Check this one out

4/5 Gladstone Street, Battery Point. Fall.

4/5 Gladstone Street, Battery Point. Fall.

IT has been decades since this Salamanca Mews apartment has been on the market — and who wouldn’t love the chance to snap it up?

For anyone hunting for an inner-city pad, they would have to look far and wide to try to find a more perfect position than this Battery Point home.

The location of the complex — between Gladstone Street and St David’s Park — offers easy access to vibrant Salamanca Place, Hobart’s waterfront precinct and the CBD.

Hobart’s finest restaurants, cafes, bars and specialty stores are on its doorstep.

Whether it is time to pop to Salamanca market to grab some fresh produce, or to indulge in the precinct’s live events like Dark Mofo or the Taste of Tasmania, this is as prime as prime positions get.

4/5 Gladstone Street, Battery Point. Fall.

Plenty of space.

4/5 Gladstone Street, Battery Point. Fall.

Cook up a feast.

This ground level Mews apartment offers a fresh and light-filled living and dining area plus a spacious balcony with a north-facing aspect.

Apartment living does not have to mean sacrificing space. The living dining area here measures 6.7m x 7.1m, not unlike many houses.

The paved outdoor area makes the living zone feel larger still. It wraps around the home on two sides and measures over 110sq m. It also has an undercover area for shade when the summer sun is shining.

The living area also includes an open plan galley-style kitchen with a large pantry, tiled floor and plenty of bench and cupboard space. The kitchen and the living and bathroom areas have underfloor heating.

The home has been freshly painted, and it feels cosy and warm with its new top quality wool carpets. Entry into the home is via a hallway with two bedrooms located to the left.

The main bedroom is larger, and it includes the convenience of an ensuite.

4/5 Gladstone Street, Battery Point. Fall.

Comfortable living.

4/5 Gladstone Street, Battery Point. Fall.

Got dinner plans?

The home has two bathrooms, the main located almost in the centre of the floorplan, and next to the second bedroom and the living space.

Adjacent there is a separate laundry.

The apartment complex has a secure entry car park on the lower ground level with lift and stair access. This apartment includes one parking spot.

The Salamanca Mews apartment complex was built in ’94 and is a highly maintained and beautifully landscaped place to live.

Battery Point’s unit market is Tassie’s No.1 for price, with the latest realestate.com.au figures showing a $80,000 gap between Battery Point and second-placed Hobart.

There were 28 Battery Point unit sales in the past 12 months and a gigantic 43.7 per cent increase in the median unit price, just another example of the level of demand for this neighbourhood.

Battery Point’s unit No.4 at 5 Gladstone Street is priced at “Offers over $1.2 million” and listed with Fall Real Estate Sandy Bay.

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Where are Tassie’s most sought after streets

90 Lucas Rd, Lucaston is on the market for $279,000. The eco-shack is set more than 20ha of private bushland.

FIERCE competition for Tasmania’s most-sought after streets is pushing up prices as nostalgia, aspiration and the search for a bargain drive up homebuyer demand.

According to search data provided by realestate.com.au, Lucas Rd in Lucaston has emerged as our most popular street for prospective homebuyers.

SEE THE FULL LIST BELOW >>

Katoota Rd, Katoota comes in second on the list of high-demand buys, with Bilton Walk in Claremont third.

Tasmanian home prices have continued to rise despite the coronavirus pandemic. CoreLogic reported Hobart home values were up 0.9 per cent over the quarter through July.

The view from the living room at 90 Lucas Rd.

This compares very favourably to quarterly slumps of -3.2 per cent in Melbourne, -2.1 per cent in Sydney and -1.6 per cent nationally throughout the COVID-19 period.

Well-known streets in blue chip areas remain in strong demand. However the Huon Valley has emerged as Tassie’s No. 1 spot for buyers, with the top two of our most wanted streets.

“It’s an unusual one,” realestate.com.au chief economist Nerida Conisbee said.

TASMANIA’S TOP 20 MOST POPULAR STREETS TO BUY

1. Lucas Rd, Lucaston

2. Kaoota Rd, Kaoota

3. Bilton Walk, Claremont

4. Musks Rd, Sandford

5. Napoleon St, Battery Point

6. Lords Rd, Pelverata

7. Palmers Rd, Oyster Cove

8. Schofield Dr, Sorell

9. Hillmorton Rd, Lindisfarne

10. Stoke St, New Town

11. Back Tea Tree Rd, Tea Tree

12. Braeview Dr, Old Beach

13. Molle St, West Hobart

14. Bullock Dr, Leslie Vale

15. Beechworth Rd, Sandy Bay

16. Secheron Rd, Battery Point

17. Elizabeth St, Hobart

18. Newcastle St, Battery Point

19. Burgundy Rd, Howrah

20. Winmarleigh Ave, Taroona

“It’s different from the other top in-demand streets. People looking for a tree change would be part of that. Also it is cheap there, big, bushy blocks really cheap.”

Some of the buyer search traffic is coming from stickybeaks and voyeurs, who “love looking at luxury houses in fantastic streets” Ms Conisbee said.

But plenty of it is genuine buyers, with search up around 50 per cent on this time last year. A key factor there is the more time people have to browse due to COVID-19. But the pandemic had also allowed us to better understand what we want in our homes and from our lifestyles.

“Often those streets in those suburbs are particularly nice, even for those affluent areas,” Ms Conisbee said.

“They might have a much better view, nicer houses or something else desirable that tends to lead to higher levels of interest.

“In some cases affordability can be a driving factor in a street’s popularity too.”

Nostalgia plays a key role too,” Ms Conisbee said.

“If you have grown up in or around these suburbs or in the city you get to know these streets. They’re in nice suburbs. There are good schools close by and there’s a lifestyle there people want. It might be close to the water, or be on a big block or have something unique about it That all plays into the aspirational aspect of that,” she said.

And if you are looking to buy, or sell in these most-wanted streets, prices will be at a premium.

“As a buyer in these streets, you’re going to be up against more competition and more likely as a result you will pay a higher price than for houses in other less popular streets in the same suburb,” Ms Conisbee said.

The post Where are Tassie’s most sought after streets appeared first on realestate.com.au.

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Hills delivers street cred when it comes to the most viewed on realestate.com.au

Adelaide's top 20 streets

Paul Moran outside his late parents’ house at 30 Carrick Hill Drive, Springfield. The street has been named one of the most popular streets on realestate.com.au.

You might expect addresses like Victoria Ave at Unley Park, Ifould Drive in Burnside or Cygnet Court in Glenelg North to top the list of SA’s most searched for streets online, however surprising new data from realestate.com.au shows househunters have their eyes firmly fixed on the Adelaide Hills.

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According to the site, eight of the ten most-viewed streets – based on searches over the past three years to August 1 – were located further out from the city. The most searched street within 30km of the city is Nation Ridge Road in Aldgate. Stirling’s Sturt Valley Road, Laurel Road and Howard Drive also made the list, as did fellow Hills streets Waverley Ridge Road in Crafers West, Aldgate’s Glades Lane, Belair’s James Road and Norton Summit Road in Norton Summit.

Williams Real Estate’s Dee-Anne Hunt said interest in Hills properties had increased dramatically over the past three years.

“I’ve seen interest climbing all the time, and people are ringing all the time and saying they want to move to the hills,” she said.

“People’s picture of what they want their life to look like is changing, and it’s all about lifestyle, community and that Hills atmosphere as well as more space.

“During COVID-19 we’ve seen this go from strength to strength – it’s really sped up the drive for people to move to the hills. In tough times or good times it will continue to grow up here.

“It has been very affordable and that is changing, but people still want this lifestyle.

“That diversity of properties on offer here and variation in price ranges also makes it popular, because there really is something for everyone.”

Adelaide's top 20 streets

Paul Moran outside his late parents’ house at 30 Carrick Hill Drive, Springfield. The street has been named one of the most popular streets on realestate.com.au.

Adelaide’s proven performers of Victoria Avenue in Unley Park, Ifould Drive in Burnside and Cygnet Court in North Adelaide all featured in the bottom half of the top 20 list.

According to realestate.com.au economist Nerida Conisbee said the higher level of interest in these streets meant they often commanded a higher price.

“They might have a much better view, nicer houses or something else desirable that tends to lead to higher levels of interest,” Ms Conisbee said.

“Sometimes it might be that a super popular house in that street can lead to an incredible surge of activity.

“In some cases affordability can be a driving factor too.”

Ms Conisbee said the most searched rental streets were popular for different reasons.

“Renters are not aspirational, they are more practical – it’s not an investment, they are just looking,” she said.

“They are in suburbs that young people want to live in, because renters are generally younger.”

Carrick Hill Drive in Stirling was the state’s most popular metropolitan street.

Paul Moran is selling his late parents’ property at 30 Carrick Hill Drive and said most of the people that buy there stay for a long time.

“It’s a hidden gem but people are now realising what it offers,” he said.

Selling agent Sue Windebank of Harcourts Collective said people were starting to realise there were plenty of quality alternatives to Adelaide’s most famed streets.

“We’re very lucky to have some incredible streets here and I think people are starting to discover some of those that have until recently been hidden secrets,” she said.

Most viewed streets within 30km of the city on realestate.com.au

Buying

1. Nation Ridge Road, Aldgate

2. Carrick Hill Drive, Springfield

3. Sturt Valley Road, Stirling

4. Laurel Rd, Stirling

5. Waverley Ridge Rd, Crafers West

6. Glades Lane, Aldgate

7. Howard Drive, Stirling

8. Prescott Terrace, Rose Park

9. James Road, Belair

10. Norton Summit Road, Norton Summit

11. Cygnet Court, Glenelg North

12. Whistler Avenue, Unley Park

13. Olive Grove, Hazelwood Park

14. Victoria Avenue, Unley Park

15. Ifould Drive, Burnside

16. Mills Tce, North Adelaide

17. Bellevue Place, Unley Park

18. Patola Place, Magill

19. Greenhill Rd, Balhannah

20. Martin Rd, Hahndorf

Renting

1. Rundle Mall, Adelaide

2. Yates Street, Mawson Lakes

3. Hocking Court, Adelaide

4. Port Rd, Hindmarsh

5. Brenton Avenue, South Plympton

6. Rowlands Place, Adelaide

7. Louise Crescent, Morphett Vale

8. Kermode Street, North Adelaide

9. Moore Street, Prospect

10. Main South Road, Hackham West

11. Strathmore Terrace, Brighton

12. Grevillea Way, Blackwood

13. Logan Street, Adelaide

14. King William Street, Adelaide

15. Hindley Street, Adelaide

16. Bruce Close, Mount Barker

17. Wilton Terrace, Torrensville

18. Windsong Court, Morphett Vale

19. Main Street, Henley Beach

20. Young Street, Exeter

* based on views over the past three years to August 1

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