Nest Property Hobart
03 6224 2004
03 6224 2004

Property CityWARRANE

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Warrane sits about 5 kilometres east of Hobart’s city centre, offering seamless access while maintaining a suburban vibe. This well-established neighbourhood features a mix of modest homes set amidst leafy streets, and benefits from proximity to Rosny Park’s shopping, services, and transport connections. Families appreciate the local schools, community sports facilities like Warrior Park, and the nearby bushland of the Meehan Range, where walking trails and native wildlife add to the area’s appeal. With its inviting blend of green surroundings, everyday convenience, and relaxed suburban spirit, Warrane presents a grounded yet connected lifestyle for buyers and renters alike.

Warrane property market

The Warrane property market last month recorded 4 properties available for rent and 17 listed for sale. Over the past year, median property prices ranged from $551,000 for houses to $540,000 for units. For investors, houses in Warrane rent out for around $540 per week, reflecting an annual rental yield of 4.9%, while units achieve about $515 per week with a yield of 4.6%. In terms of growth, Warrane has seen no annual compound growth for houses, while units have shown stronger momentum with 6.9% growth.

Warrane offers great appeal for families and professionals alike, thanks to its proximity to Eastlands Shopping Centre, local schools, and just a short drive over the Tasman Bridge into Hobart’s CBD. Its mix of affordability, accessibility, and investment potential makes it a well-rounded suburb for both home buyers and investors.

Market trends

View median property prices* in Warrane to get a better understanding of local market trends.

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*Data based on sales within the 12 months to August 2025.

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