7/11 Livingston St South Hobart TAS 7004, Australia

This two-double bedroom apartment with garage has a balcony, and enjoys stunning river views and loads of morning sunshine. One of the two bedrooms has a built-in wardrobe, plus there is a separate entry hall. There is a modern combined bathroom/laundry, and an open plan kitchen/living room.

Investors should expect a rental return of $400 per week, otherwise, this would be a great start for a young couple. The entire building is quite low-maintenance, and is located at the end of a no-through street. At the time of writing, this is the most affordable two-bedroom property in South Hobart.