FOR SALE
Offers over $625,000

151 Chapel Street
Glenorchy TAS 7010

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 104m2
Land area: 845m2
Improve this data
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Share
Save

Renovated art deco home with BA approval

Situated in the vibrant and rapidly growing suburb of Glenorchy, this property presents an exceptional residential development opportunity. The level allotment comes with BA for the construction of a new 3-bedroom, 1-bathroom dwelling, making an ideal investment for developers seeking rental income during construction, homeowners wishing to live in the existing home while undertaking their project, or simply those seeking a property on a generous allotment.
The existing art deco home, originally built in 1954, has been tastefully renovated within the last three years, boasting a spacious modern open plan living, dining, and kitchen that seamlessly connect to a sunny timber deck through sliding doors. The floorplan comprises three generously sized bedrooms, a European laundry, and a contemporary bathroom, providing a comfortable and stylish living space. The home has recently had a complete re-wire, new roof and reverse cycle air-conditioner, making it move-in ready for both investors or owner occupiers.
Glenorchy is a dynamic suburb just north of Hobart, known for its cultural vibrancy. Its close proximity to the world-renowned Museum of Old and New Art (MONA) offers residents easy access to one of Tasmania's top cultural attractions. Beyond the arts, Glenorchy offers local amenities from shopping centres and excellent public transport to nearby schools and healthcare services, making it a well-rounded and inviting place to call home.
Whether you aim to capitalise on the existing dwelling, proceed with the current building plans, or simply move in and enjoy the home as is, an exciting opportunity awaits and offers endless possibilities for its next owner.

Property Details for 151 Chapel St, Glenorchy

151 Chapel St, Glenorchy is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1954. The property has a land size of 845m2 and floor size of 104m2. The place is currently for sale with Elders Tasmania.

Building Type
House
Year Built
1954
Floor Size
104m2
Land Size
845m2

Commute Calculator

About Glenorchy 7010

The size of Glenorchy is approximately 10.4 square kilometres. It has 19 parks covering nearly 16.6% of total area. The population of Glenorchy in 2011 was 10,533 people. By 2016 the population was 10,833 showing a population growth of 2.8% in the area during that time. The predominant age group in Glenorchy is 20-29 years. Households in Glenorchy are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Glenorchy work in a community and personal service occupation. In 2011, 57.7% of the homes in Glenorchy were owner-occupied compared with 54.6% in 2016.

Glenorchy has 5,649 properties. Over the last 5 years, Houses in Glenorchy have seen a 44.30% increase in median value, while Units have seen a 63.72% increase. As at 31 August 2024:

  • The median value for Houses in Glenorchy is $529,491 while the median value for Units is $452,748.
  • Houses have a median rent of $510 while Units have a median rent of $440.
There are currently 48 properties listed for sale, and 11 properties listed for rent in Glenorchy on OnTheHouse. According to CoreLogic's data, 181 properties were sold in the past 12 months in Glenorchy.

Glenorchy Profile Page

Suburb Insights for Glenorchy 7010

Visit Glenorchy profile page
Market Insights
Glenorchy Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Glenorchy Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Glenorchy profile page
Contact agent
Tay Smook
Show contact details
Call agent
Hugh Balcombe
Show contact details
Call agent
Elders Tasmania
Preferred contact:
Privacy Policy
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED