Sandy Bay was the favourite suburb for both luxury houses and luxury units with five house transactions and 20 unit transactions in 2023 . Old Beach was the second favourite suburb for luxury houses with two transactions , while Battery Point and Hobart shared the second spot for luxury units with nine transactions each .
H O B A R T
HOBART TOP SUBURBS FOR LUXURY HOUSE SALES ( 2023 ) Count of house sales over $ 5M
Suburb
No . of Luxury House Sales
Sandy Bay Old Beach North Hobart Bridgewater South Hobart New Norfolk Acton Park Battery Point Sandford Taroona
5 2 1 1 1 1 1 0 0 0
Source : Ray White
HOBART TOP SUBURBS FOR LUXURY UNIT SALES ( 2023 ) Count of unit sales over $ 3M
Suburb
No . of Luxury Unit Sales
Sandy Bay Battery Point Hobart Kingston Beach Tranmere North Hobart West Hobart Blackmans Bay Sandford Taroona
20 9 9 4 2 1 1 1 0 0
Source : Ray White
45