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Sold on 06 Nov 2024 - Price Unavailable

129 Wells Parade
Blackmans Bay TAS 7052

Bedrooms: 5
Bathrooms: 2
Car spaces: 6
Land area: 667m2
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Property Details for 129 Wells Pde, Blackmans Bay

129 Wells Pde, Blackmans Bay is a 5 bedroom, 2 bathroom House with 6 parking spaces. The property has a land size of 667m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 5 bedroom House sold in Blackmans Bay in the last 12 months.

Building Type
House
Land Size
667m2

Last Listing description (November 2024)

Imagine coming home to a peaceful retreat in the heart of Blackmans Bay, where every day feels like a breeze by the ocean. At 129 Wells Parade, this is more than a house – it's a haven for family life and a prime investment opportunity.

This spacious dual-living property on a 667m² block offers flexibility for large families, investors, or those seeking a multi-generational setup. Whether you envision a bustling household or an income-generating property, this home has it all.

The upper level welcomes you with an open-plan living, dining, and kitchen area filled with natural light. Modern timber flooring, sleek stone benchtops, and stainless steel appliances create a cozy yet stylish space. A nearby sunroom is perfect for morning coffee or gatherings. With three spacious bedrooms, all with built-in wardrobes, and a contemporary bathroom, there's room for everyone. Outside, a large deck and private backyard offer the perfect setting for BBQs, games, and stargazing.

Downstairs, a self-contained two-bedroom flat provides space for older children, grandparents, or extra income, with its own kitchen, modern appliances, and a study. Internal access between levels allows for adaptable living.

For investors, leasing both levels—$635 per week for the upper and $400 for the lower—offers a solid income stream. A 6x9 double car garage is divided for private parking and storage for each residence.

Just a 3-minute walk from Illawarra Primary School and five minutes to Blackmans Bay Beach, this home is in a vibrant community with shops, parks, and restaurants nearby. Rates are approximately $2,700 per annum.

Whether you're a family or an investor, 129 Wells Parade offers a rare opportunity. Call Simon or Taya today to arrange your viewing.

Property History for 129 Wells Pde, Blackmans Bay, TAS 7052

A timeline of how this property has performed in the market
Last Sold
06 Nov 2024
  • 06 Nov 2024
    Sold
  • 30 Sep 2024
    Listed for Sale Sold
  • 25 Jun 2024
    Listed for Sale Offers Over $985,000
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About Blackmans Bay 7052

The size of Blackmans Bay is approximately 6.2 square kilometres. It has 13 parks covering nearly 6.2% of total area. The population of Blackmans Bay in 2011 was 6,728 people. By 2016 the population was 7,143 showing a population growth of 6.2% in the area during that time. The predominant age group in Blackmans Bay is 50-59 years. Households in Blackmans Bay are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Blackmans Bay work in a professional occupation. In 2011, 78.9% of the homes in Blackmans Bay were owner-occupied compared with 76.8% in 2016.

Blackmans Bay has 3,425 properties. Over the last 5 years, Houses in Blackmans Bay have seen a 41.88% increase in median value, while Units have seen a 39.90% increase. As at 30 November 2024:

  • The median value for Houses in Blackmans Bay is $868,704 while the median value for Units is $559,730.
  • Houses have a median rent of $580 while Units have a median rent of $490.
There are currently 16 properties listed for sale, and 1 property listed for rent in Blackmans bay on OnTheHouse. According to CoreLogic's data, 115 properties were sold in the past 12 months in Blackmans bay.

Suburb Insights for Blackmans Bay 7052

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Simon Parsons
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Taya Parsons
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LJ Hooker Pinnacle Property
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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.