Lorna Wang
Dubbo, NSW+27
Hobart · Eastern Suburbs
Howrah is a sought-after suburb on Hobart's eastern shore, offering a relaxed, family-friendly coastal lifestyle. Known for its stunning views across the Derwent River to the city and Mount Wellington, it combines beachside living with suburban convenience. The area is popular with established families and retirees, featuring quiet residential streets, numerous parks, and a strong sense of community, all within a 15-minute drive of the Hobart CBD.
Market snapshot
Price register · May 2026
Median house
$700,000 - $950,000
Mid-band $825Kspread 30%
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Create Your Free ProfileLast reviewed 13 May 2026
Median unit
$550,000 - $750,000
Mid-band $650Kspread 31%
Days on market
~16-36 days
Median listing-to-sold window. Shorter = tighter buyer field.
Auction clearance
Private-treaty market
Share of auctions sold. Brisbane skews private-treaty.
Rental yield
3.9% to 4.9%
Gross yield on house stock. Premium suburbs compress.
5-year house-price growth
+27% to +47%
cumulative since 2021Who buys here
Families upsizing · Retirees and downsizers · Young professionals
5-year trend
Modelled trajectory anchored on aggregated 5-year median figures. Indicative; not month-by-month observed data.
Market analysis
The property market in Howrah has demonstrated consistent strength and appeal, positioning it as one of Hobart's premier eastern shore suburbs. As of May 2026, the median house price sits at $817,000, reflecting a significant 11.9% growth over the past twelve months. The unit market is also robust, with a median price of $656,000 and an annual growth rate of 9.3%. This upward trajectory is not a recent phenomenon; the suburb has seen a compound growth rate of 11.9% for houses over the last year, indicating sustained demand.
The market's momentum is driven by a combination of lifestyle appeal and practical convenience. Howrah's riverside location, with many properties affording water views, is a major drawcard. Demand is high, with properties selling relatively quickly, with a median time on market of around 26 days. This brisk sales environment points to a competitive market where supply often struggles to keep pace with buyer interest. The suburb attracts a mix of buyers, from families seeking space and good schools to retirees wanting a peaceful, well-serviced community, and professionals drawn by the easy 15-minute commute to the CBD.
From an investment perspective, Howrah offers a compelling proposition. Rental yields are healthy, with houses returning approximately 4.4% annually and units a slightly higher 4.7%. This is supported by strong rental demand and a low vacancy rate. The high rate of owner-occupation, around 80% as of the 2021 census, contributes to the suburb's well-maintained character and community stability, which underpins long-term value. While the market has experienced rapid appreciation, the fundamental drivers—location, amenities, and lifestyle—suggest a solid foundation for future stability and growth, even as the broader market fluctuates.
Howrah offers a rare blend of beachside tranquility and city proximity, underpinned by strong capital growth and a robust rental market.
Why a buyers agent
A buyer's agent is invaluable in Howrah's fast-paced market. With properties selling in under a month, an agent provides critical speed and access to off-market opportunities. They possess nuanced knowledge of the suburb's micro-pockets—from the elevated streets with panoramic river views to the quieter, family-oriented cul-de-sacs near Howrah Primary. An agent can discern true value beyond the listing price, understanding the premiums attached to specific views, aspects, and proximity to Howrah Beach or Shoreline Shopping Centre. They can navigate the competitive offer process and identify properties with the best long-term growth potential, saving you from overpaying in a suburb where desirability varies significantly from one street to the next.
Enjoy daily life against a backdrop of beautiful Derwent River views, with easy access to Howrah Beach for swimming, walking, and relaxing.
Benefit from a short 15-25 minute commute to the city centre, offering the perfect balance between a peaceful home life and professional convenience.
Invest in a suburb with a proven track record of strong capital growth, robust rental yields, and consistent demand from a diverse range of buyers.
With excellent schools, 16 parks, and numerous sports facilities, Howrah is an ideal environment for raising a family.
Compare
| Metric | This suburbHowrah | NearbyBellerive |
|---|---|---|
| Median house | $700,000 - $950,000 | $750,000 - $1.00M |
| Median unit | $550,000 - $750,000 | $550,000 - $750,000 |
| Auction clearance | — | — |
| Days on market | ~16-36 days | ~10-22 days |
| Year-on-year growth | +7% to +17% | -2% to +8% |
| 5-year growth | +27% to +47% | +15% to +35% |
| Rental yield | 3.9% to 4.9% | 4.0% to 5.0% |
| Postcode | 7018 | 7018 |
Snapshot date varies by suburb; see individual suburb pages for figures.
The place
Howrah is a major residential suburb located on the eastern shore of the Derwent River, just 11 kilometres from Hobart's city centre. Its character is defined by its beachside setting, offering residents stunning water views and a relaxed lifestyle. The suburb is home to Howrah Beach, a popular spot for swimming, walking, and family picnics.
Education is well-catered for, with the highly-regarded Howrah Primary School serving the local community. Other nearby options include Clarence High School (located in neighbouring Bellerive), MacKillop Catholic College, and Southern Support School, a specialist K-12 facility.
For shopping and daily needs, Shoreline Plaza is the suburb's main commercial hub, providing supermarkets and specialty stores. The larger Eastlands Shopping Centre in the adjacent suburb of Rosny Park offers a more extensive retail experience.
Public transport is efficient, with several Metro Tasmania bus routes, including the 615, 617, and 620, providing regular services to the Hobart CBD via the Tasman Bridge, making for a commute of around 15-25 minutes. Key thoroughfares like Clarence Street and Howrah Road connect the suburb seamlessly to its surroundings.
Recreational facilities are abundant. Wentworth Park is a major sporting hub for soccer and hockey, and features extensive playgrounds and BBQ areas. The suburb is dotted with numerous smaller parks and reserves, such as Eastwood and Elinga Play Parks, reflecting the area's family-friendly focus.
Frequently asked
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The 5-year trajectory is a modelled curve anchored on the documented cumulative growth rate. Editorial review: 13 May 2026. Updated quarterly.
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