Lorna Wang
Dubbo, NSW+27
Hobart · Southern Suburbs
Blackmans Bay is a picturesque coastal suburb just 14km south of Hobart, prized for its beautiful beaches, stunning water views, and relaxed, family-friendly atmosphere. It offers a desirable seaside lifestyle with the convenience of city proximity, attracting a mix of professionals, families, and retirees who value community and the natural environment.
Market snapshot
Price register · May 2026
Median house
$750,000 - $1.00M
Mid-band $875Kspread 29%
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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
~15-35 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
3.3% to 4.3%
Gross yield on house stock. Premium suburbs compress.
5-year house-price growth
+20% to +40%
cumulative since 2021Who buys here
Established families · Professionals seeking coastal lifestyle · Downsizers and retirees
5-year trend
Modelled trajectory anchored on aggregated 5-year median figures. Indicative; not month-by-month observed data.
Market analysis
The Blackmans Bay property market has demonstrated notable resilience and long-term strength, positioning it as a standout in the Greater Hobart region. After a significant surge during the post-pandemic boom, where the median house price climbed from $640,000 in 2020 to a peak of $837,000 in 2022, the market experienced a very modest correction. In 2023, the median dipped only slightly to $825,000, a minor 1.4% decrease that highlighted the suburb's stability compared to more substantial declines elsewhere in Tasmania.
This resilience is underpinned by strong and consistent buyer demand, driven by the suburb's compelling lifestyle proposition. High owner-occupier rates, with over 76% of homes owned outright or with a mortgage, indicate a stable, invested community. The primary buyer demographic consists of established families drawn to the area's reputable schools and safe environment, alongside professionals and retirees seeking a tranquil coastal setting within a 20-minute commute of the Hobart CBD.
The market rebounded in 2024 before settling at a median house price of $875,000 as of May 2026. The annual growth for houses sits at a modest 0.6%, suggesting a market that has found a sustainable equilibrium after a period of rapid escalation. Units have shown stronger recent growth, with a 4.6% annual increase, reaching a median of $646,000. Supply remains a key factor; the limited availability of properties, coupled with ongoing demand, helps to insulate prices from significant downturns. Properties sell relatively quickly, with an average of 25 days on market for houses. Rental yields are solid, hovering around 3.8% for houses and 4.5% for units, making it a viable option for investors looking for both lifestyle appeal and steady returns.
With its proven resilience, strong community, and idyllic coastal setting, Blackmans Bay offers a stable and desirable foothold in the Hobart property market.
Why a buyers agent
Navigating the Blackmans Bay market requires a nuanced understanding of its micro-geography. An expert buyer's agent can differentiate between the properties offering genuine panoramic water views versus those with obstructed outlooks, a factor that significantly impacts value but isn't always clear in listings. They possess intricate knowledge of the varying quality and desirability of different streets and pockets, from the flat, easy-access areas near the beach to the steeper hillside locations. Furthermore, with a high number of off-market sales common in such a tightly-held, community-focused suburb, an agent with a strong local network provides access to opportunities that the average buyer would never discover. They can also advise on the impact of local planning zones and the potential for future development, ensuring a purchase aligns with long-term investment goals.
Enjoy the best of both worlds with stunning beaches, coastal walks, and a relaxed seaside atmosphere, all within a 20-minute drive of Hobart's city centre.
With excellent schools, numerous parks, and a safe environment, Blackmans Bay is an ideal location for raising a family. The high rate of owner-occupiers contributes to a stable and engaged community.
The suburb has a history of strong capital growth and has shown remarkable resilience during market fluctuations, supported by consistent demand and limited supply.
From the iconic blowhole to the sandy shores of Blackmans Bay Beach and Boronia Beach, the area offers abundant natural beauty and outdoor activities like fishing, kayaking, and hiking.
Compare
| Metric | This suburbBlackmans Bay | NearbyKingston |
|---|---|---|
| Median house | $750,000 - $1.00M | $650,000 - $900,000 |
| Median unit | $550,000 - $750,000 | $550,000 - $750,000 |
| Auction clearance | — | — |
| Days on market | ~15-35 days | ~11-25 days |
| Year-on-year growth | -4% to +6% | +0% to +10% |
| 5-year growth | +20% to +40% | +48% to +68% |
| Rental yield | 3.3% to 4.3% | 3.8% to 4.8% |
| Postcode | 7052 | 7050 |
Snapshot date varies by suburb; see individual suburb pages for figures.
The place
Blackmans Bay is a premier coastal suburb located approximately 14 kilometres south of Hobart, offering an enviable blend of seaside tranquility and modern convenience. Its identity is shaped by its stunning coastline, featuring the popular, family-friendly Blackmans Bay Beach and the more secluded Boronia Beach. A well-known blowhole and the Suncoast Headlands walking track provide residents with spectacular scenery and ample opportunities for recreation.
The suburb is well-serviced for families, home to highly regarded schools including Blackmans Bay Primary School and Illawarra Primary School. Nearby secondary options include Kingston High School and St Aloysius Catholic College.
For daily needs, the local Hill Street Grocer and other village shops provide convenience, while the larger retail precinct of Kingston, featuring Channel Court Shopping Centre, is only a five-minute drive away. The dining scene includes popular cafes and restaurants that take advantage of the coastal views.
Public transport is reliable, with Metro bus services providing regular connections to Kingston and the Hobart CBD, making the commute manageable for professionals. The suburb's high rate of owner-occupancy fosters a strong sense of community, evident in its well-maintained parks and public spaces. This combination of natural beauty, essential amenities, and community spirit makes Blackmans Bay one of Hobart's most sought-after residential locations.
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.
Verified professionals serving Blackmans Bay