8 Kingswood CrescentBerriedale TAS 7011
Property Details for 8 Kingswood Cres, Berriedale
8 Kingswood Cres, Berriedale is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1959. The property has a land size of 574m2 and floor size of 145m2. While the property is not currently for sale or for rent, it was last sold in May 2021.
Last Listing description (June 2021)
Currently tenanted until December 2021, this roomy 4 bedroom, 2 bathroom home is set in a sunny, low traffic location that enjoys prime views over the Derwent River, MONA, and surrounding areas. Berriedale is a suburb growing in popularity and demand. The property is less than a 5 minutes drive from both the Claremont and Glenorchy shopping precincts, 15 minutes from the Hobart CBD, and is close to schools and all services.
The property comprises a spacious lounge, modern galley kitchen with large dining, 4 bedrooms (2 with built-in robes), 2 bathrooms, and 2 toilets. The laundry has been cleverly integrated into one of the bathrooms. The internal stairs lead to a large storage area under which has the potential to further develop into a rumpus, hobby room, or further living space. The property has a carport and provides off-street parking for another vehicle. It also has a good size backyard with room for outdoor entertaining.
The tenants are keen to remain in this home into the foreseeable future and will look well beyond their lease expiry date. The property provides a gross rental return of 5.1%. We welcome those investors who wish to secure an investment in an area of high demand and minimal risk. Inspections strictly by appointment only.
Property History for 8 Kingswood Cres, Berriedale, TAS 7011
- 06 May 2021Sold for $485,000
- 27 Apr 2021Listed for Sale Offers Over 459,000
- 20 Nov 2020Listed for Rent $465 / week
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0About Berriedale 7011
The size of Berriedale is approximately 4.1 square kilometres. It has 6 parks covering nearly 2.1% of total area. The population of Berriedale in 2011 was 2,704 people. By 2016 the population was 2,687 showing a population decline of 0.6% in the area during that time. The predominant age group in Berriedale is 50-59 years. Households in Berriedale are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Berriedale work in a trades occupation. In 2011, 69.7% of the homes in Berriedale were owner-occupied compared with 67.6% in 2016.
Berriedale has 1,233 properties. Over the last 5 years, Houses in Berriedale have seen a 47.22% increase in median value, while Units have seen a 27.51% increase. As at 31 October 2024:
- The median value for Houses in Berriedale is $512,382 while the median value for Units is $423,423.
- Houses have a median rent of $500 while Units have a median rent of $425.
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