Originally agricultural land, Claremont transformed into an industrial and residential hub with the 1922 opening of the Cadbury Chocolate Factory. It played a significant role in WWII as a site for the Lady Clark Hospital and military convalescence.
A family-oriented riverside suburb balancing its industrial heritage with scenic Derwent River views and affordable post-war housing.
- Relative affordability compared to Hobart city and southern suburbs.
- Stunning views of the Derwent River and Mount Faulkner.
- Large residential blocks suitable for families and gardening.
- Proximity to major employment hubs like the Cadbury Factory and Glenorchy CBD.
- New $28 million Glenorchy Sports Centre at Claremont College.
- Bushfire risk overlays on properties bordering the western hills.
- Localized flooding risks near Abbotsfield Road and Roseneath Rivulet.
- Noise pollution for properties directly adjacent to the Brooker Highway.
- Older housing stock may require significant asbestos remediation and electrical upgrades.
- Limited nightlife and high-end dining options within the suburb itself.
How this suburb feels day-to-day.
Dominant dwelling stock.
Typical entry to ceiling.
Claremont represents the 'sweet spot' for Hobart buyers who want a full-sized block and river proximity without the million-dollar price tag of the southern suburbs.
$540k – $880k
$380k – $550k
12-month movement
Current asking rents
Prices have stabilized and are now rising again, driven by low stock levels and the suburb's reputation as a reliable family entry point.
Price comparison
Median price ÷ median income
Estimated rental yield
Claremont remains highly affordable for dual-income families, though the rapid growth since 2020 has pushed it out of reach for many single-income households.
Lower = tighter market
Avg time on market
Annual rental increase
Young families, healthcare workers, and industrial sector employees.
Excellent for yield-seekers. Low vacancy and strong rental growth provide a secure income stream, while the $28m sports centre adds long-term value.
- Completion of the $28m Glenorchy Sports Centre in 2026.
- Ongoing gentrification as first-home buyers renovate older stock.
- Proposed housing developments at Windermere Bay.
- Proximity to the MONA precinct and northern suburbs transit corridor.
- Interest rate sensitivity among the local buyer demographic.
- Limited land for significant new large-scale subdivisions.
- Socio-economic constraints capping premium price ceilings.
Expect steady capital growth outperforming the Hobart average as the 'ripple effect' from more expensive nearby suburbs like Rosetta and Berriedale continues.
vs last 12 months
Relative comparison
Check specific street lighting and proximity to public housing pockets; security systems are common and recommended.
Environmental risks are the primary concern, specifically bushfire on the fringes and localized flooding.
Moderate risk near Abbotsfield Road, Roseneath Rivulet, and low-lying sections of the Brooker Highway.
High risk for properties on the western boundary near the foothills of Mount Faulkner.
Premiums may be elevated for properties within designated bushfire or flood-prone overlays.
Bushfire-Prone Area, Waterway and Coastal Protection, Landslip Hazard.
Windermere Bay and the area surrounding Claremont College.
Zoning generally supports secondary dwellings (granny flats), which is a popular way for local owners to increase yield or house family.
Bus-dependent with frequent services to Hobart; easy highway access for commuters.
Claremont Plaza provides essential retail; the golf club and bowls club are social hubs.
Excellent foreshore walks and the Goulds Lagoon Wildlife Sanctuary.
A major strength with Claremont College (Years 11-12) and several primary options.
Local GPs available; 15 minutes to the Royal Hobart Hospital.
A diverse community with a strong base of long-term residents and an increasing influx of young families.
The high owner-occupancy rate contributes to a stable community feel and well-maintained streetscapes.
Infrastructure projects are modernizing the suburb's recreational and educational facilities.
- New $28m Glenorchy Sports Centre providing state-of-the-art indoor courts.
- Upgrades to the Berriedale Foreshore playground nearby.
- Activation of the Northern Suburbs Transit Corridor for better commuting.
- Increased traffic congestion on Main Road during construction phases.
- Loss of some open space to new housing subdivisions.
Residents value the suburb for its river access and family-friendly atmosphere, though they acknowledge the need for better public transport and the suburb's industrial roots.
The river views are stunning and the new sports centre is a huge win for the kids.
Found a great 1960s weatherboard that we're renovating; best value this close to Hobart.
Quiet streets near the golf club, but you definitely need a car to get around.
Never had a vacancy longer than a week; the demand from young families is relentless.
The Cadbury smell is iconic, but the Brooker Highway traffic can be noisy during peak hour.
It's changed a lot; much safer now and the foreshore walks are better than ever.
- Prioritize properties with river views as they hold value better during market downturns.
- Check the LISTmap for bushfire-prone overlays before making an offer.
- Look for homes with 1960s 'good bones' that can be easily modernized.
- Avoid properties directly backing onto the Brooker Highway if noise is a concern.
- Verify if the property is in the Windermere Primary catchment, which is highly sought after.
- Has this property been assessed for a Bushfire Attack Level (BAL) rating?
- Are there any known issues with sub-floor dampness or drainage near the rivulet?
- What is the asbestos status of the wet areas in this build?
- Is the property within the 1% AEP flood zone for the Roseneath Rivulet?
- Are there any planned developments for the vacant land nearby?
- How does the noise from the Brooker Highway impact this specific street?
- Has the electrical wiring been updated since the original construction?
- Highlight proximity to the new Glenorchy Sports Centre in marketing materials.
- Ensure gardens are tidy; Claremont buyers value outdoor space and large blocks.
- Address any visible dampness or sub-floor issues before listing.
- Showcase any energy-efficient upgrades like double glazing or solar panels.
- Position the home as a 'family-ready' entry point to the Hobart market.
Position the property as a high-value family sanctuary that balances city convenience with riverside tranquility and modern community infrastructure.
Strong yield and low vacancy make it a defensive addition to a portfolio.
Maintenance costs on older weatherboards and potential changes to flood insurance premiums.
- Target 3-bedroom houses on blocks over 600sqm.
- Consider adding a secondary dwelling (STCA) to maximize yield.
- Focus on properties within walking distance of Claremont Plaza.
- Ensure property management is proactive regarding Hobart's tight rental laws.
- Apply quickly; properties often lease after the first inspection.
- Highlight stable employment in the local industrial or healthcare sectors.
- Check NBN connection types if working from home.
Affordable rents for large homes and great access to parks.
Heating costs in older, uninsulated homes can be high during Tassie winters.
- Install efficient heat pumps (reverse cycle air conditioning) to attract quality tenants.
- Maintain boundary fencing to appeal to pet-owning families.
- Conduct regular gutter cleaning to mitigate bushfire risk.
Ensure all properties meet the Tasmanian Minimum Standards for Rental Properties, particularly regarding ventilation and heating.
- Stock is extremely tight; off-market opportunities are rare but valuable.
- The 'Cadbury factor' is a unique selling point for the suburb's heritage.
Focus on 'The Riverside Lifestyle' and 'The Future of the Northern Suburbs'.
First-home buyers (25-35) and young families moving from inner Hobart.
This report is for informational purposes only. Data is based on 2021 Census and 2024-2026 market trends. Buyers should conduct independent building, pest, and legal inspections.
