Warrane
Warrane is a increasingly expanding and well-connected suburb of Hobart, located within the City of Clarence, approximately 10km from Hobart’s central business district (CBD). This primarily residential area offers a convenient lifestyle with easy access to nearby commercial and recreational facilities. Warrane is ideally positioned with easy access to Rosny Park and the Eastlands Shopping Centre, providing residents with a variety of shopping, dining, and entertainment options. For educational needs, the suburb is home to Warrane Primary School, the Clarence Campus of the Tasmanian Polytechnic, and the Tasmanian Academy (formerly TAFE Tasmania). Several other schools are located nearby, including Howrah Primary School and Rosny College, making it an ideal location for families. Warrane's location offers excellent transport links, with the Gateway to the Tasman Highway just a short drive away, providing quick access to both the CBD and the wider Hobart region. The Hobart International Airport is also just a short commute, making travel simple for business or leisure. For outdoor enthusiasts, Bellerive Beach is only a 5-minute drive away, offering opportunities for swimming, picnicking, and scenic coastal walks. With its combination of residential comfort, excellent amenities, and strong transport connections, Warrane is a highly desirable suburb for families, professionals, and anyone looking for a relaxed lifestyle with easy access to Hobart’s services and the airport.
Warrane's Purchasing Demographic
Warrane’s demographic is diverse, attracting first-time homebuyers, families, retirees, professionals, and investors. The suburb’s affordable property prices make it an appealing option for first-time buyers seeking entry-level homes or units. Families are drawn to its quiet residential atmosphere, proximity to local schools, parks, and recreational spaces like Bellerive Beach, offering a great environment for children. Retirees appreciate the peaceful surroundings, low-maintenance properties, and access to essential services, while professionals value its convenience, with easy access to Hobart’s CBD, the Tasman Highway, and Hobart International Airport.
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Investors also find Warrane attractive due to its affordable properties, strong rental demand, and proximity to key amenities like Eastlands Shopping Centre and Rosny Park. The suburb’s accessibility and ongoing development in the surrounding areas ensure it remains a strong investment opportunity. With its combination of affordability, convenience, and lifestyle appeal, Warrane is a sought-after location for a wide range of buyers and investors looking for long-term growth.
Warrane's Real Estate
Market Trend
According to data from the Real Estate Institute of Tasmania (REIT), Warrane's housing and unit market has experienced significant growth in recent years. In 2020, the median unit price was $405,000. By 2022, this figure surged to $567,500, reflecting the broader trend across Tasmania during the pandemic, where increased demand for housing and low interest rates contributed to rising prices.
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Warrane’s housing market has remained resilient compared to other suburbs in Hobart, largely due to its combination of affordability, convenience, and ongoing development. While many regions of Tasmania saw average price declines of approximately 15% following the pandemic surge, Warrane experienced a mild decrease in late 2023, with the average unit price dropping by 11.81% to $500,000. As of March 2025, the median unit price is $545,000, according to RealEstate.com.
