OFF MARKET

5 Colville Street
Battery Point TAS 7004

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 60m2
Land area: 44m2
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Property Details for 5 Colville St, Battery Point

5 Colville St, Battery Point is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1840. The property has a land size of 44m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
Unit
Year Built
1840
Floor Size
60m2
Land Size
44m2
Local Government
Hobart
Lot/Plan
1/59143

Last Listing description (June 2022)

Set in a premier location within Battery Point, these charming c1840 cottages are being offered to the market as a pair for the first time.

Each with its own unique charm and a layout almost a mirror image of the other, they both have a welcoming living area with gas fireplaces that lead through to kitchen/dining with doors to the enclosed rear garden.

Upstairs the light and spacious bedrooms will impress, with a generous ensuite bathroom/laundry. A small balcony off the top level joins the external stairs which separate the garden for the two cottages.

The leafy garden at the rear captures afternoon sun and is a sanctuary within thriving Battery Point. There is under stair storage, shared garden and utility area.

There is off-street parking for one vehicle, gated access to the back yard and side walkway. Filled with character in a historic location, these cottages are the perfect city base within easy walking distance to Salamanca Place, Sandy Bay or the CBD. A range of restaurants, cafes and galleries on your doorstep, water views from the upper level.

Number 5 is currently tenanted and Number 7 is available with vacant possession, ready to move in and enjoy or lease out for further return. Individual titles provides the perfect long term investment with flexibility to retain both or separate.

Year Built: 1840
Rates: $3,528 pa approx (combined)
Water Rates: $2,200 pa approx (combined)
Current Lease: 5 Colville St, $400 per week until March 2023

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Property History for 5 Colville St, Battery Point, TAS 7004

A timeline of how this property has performed in the market
Last Sold
$1,451,000
25 May 2022
Listed for Rent
$400/w
04 Dec 2019
  • 25 May 2022
    Sold for $1,451,000
  • 17 May 2022
    Listed for Sale $1,400,000+ price range
  • 21 Nov 2019
    Listed for Rent $400 / week
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About Battery Point 7004

The size of Battery Point is approximately 0.7 square kilometres. It has 6 parks covering nearly 5.5% of total area. The population of Battery Point in 2011 was 2,096 people. By 2016 the population was 1,995 showing a population decline of 4.8% in the area during that time. The predominant age group in Battery Point is 20-29 years. Households in Battery Point are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Battery Point work in a professional occupation. In 2011, 49% of the homes in Battery Point were owner-occupied compared with 51.2% in 2016.

Battery Point has 1,750 properties. Over the last 5 years, Houses in Battery Point have seen a 20.02% increase in median value, while Units have seen a 28.79% increase. As at 31 October 2024:

  • The median value for Houses in Battery Point is $1,289,607 while the median value for Units is $852,571.
  • Houses have a median rent of $550 while Units have a median rent of $535.
There are currently 11 properties listed for sale, and 3 properties listed for rent in Battery point on OnTheHouse. According to CoreLogic's data, 72 properties were sold in the past 12 months in Battery point.

Suburb Insights for Battery Point 7004

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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.