If you have children this house is perfect, books, games, puzzles and a huge enclosed backyard make this a home away from home. It is a decent (and a bit hilly) walk into the centre of Hobart but we managed it with 2 small kids in the pram. There is a bus stop not far away if you don't want to walk back up the hill to the house.
The local pizza place is excellent as is the local cafe about 2 minutes walk up the hill.
if you have a car this is quite a convenient place to base yourself for Hobart and the surrounding area.