Otago Bay Rd, Otago. Picture: Supplied
There is leafy Fitzroy Pl and the waterfront bliss of Napoleon St that might come immediately to mind. But neither were this year’s most popular Tasmanian street.
Instead, to find Hobart’s hotspot, buyers have to head north of the city to Otago Bay Rd.
New realestate.com.au research shows, in the 12 months to August, that property listings in this 3km stretch along the Derwent River attracted an average of 11,300 views.
This was just outside the national Top 10; tenth place was secured by Wootoona Tce in SA suburb St Georges with 12,100 views.
Property records show that only a few homes sold in Otago Bay Rd over the year. The report required five sales to qualify.
No.60 and No.25 Otago Bay Rd both achieved strong results with prices above $1m, records show.
But it was a property that did not find a buyer that undoubtedly had an outsized influence over the area’s run to the top of the Tassie popularity chart: Otago Edge.
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When this luxurious lifestyle property hit the market, the reaction was humungous.
LJ Hooker Pinnacle Property agent Ant Manton said the listing recorded over 31,000 views and more than 1200 saves online.
“It recorded 6459 views on realestate.com.au in its first week on the market, which was No.1 in the state that week,” he said.
“The property is off the market for now.
“But Otago Edge will be coming back to market at some stage.
“It is great to hear Otago Bay Rd has taken out Tasmania’s most popular street, but it is safe to say Otago Edge gave the listings average a nudge.”
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Tasmania’s most popular streets were located across a mix of established Hobart areas and coastal or semirural suburbs.
Summerleas Rd in Fern Tree and Molle St in Hobart followed Otago Bay, with the state capital and its surrounding suburbs featuring prominently near the top of the chart.
realestate.com.au economist Luc Redman said Australians have always been interested in how others live, whether that be in luxury areas or unique homes.
“We’re a nation that loves a stickybeak,” Mr Redman said.
“Most of these streets are in Australia’s most sought-after suburbs, with luxurious homes, large block sizes, and leafy green streets,” he said.
“The home values on these streets tend to be unattainable for most households, so when they do come on the market, Australians take a particular interest in how people in iconic locations live.”
Lower Jordan Hill Rd, West Hobart 7100
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