OFF MARKET

40 Freycinet Drive
Coles Bay TAS 7215

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 82m2
Land area: 648m2
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Last updated 11 Nov 2024
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Property Details for 40 Freycinet Dr, Coles Bay

40 Freycinet Dr, Coles Bay is a 2 bedroom, 1 bathroom House and was built in 1974. The property has a land size of 648m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in May 2015.

Building Type
House
Year Built
1974
Floor Size
82m2
Land Size
648m2
Local Government
Glamorgan-Spring Bay
Lot/Plan
8/214350

Last Listing description (January 2021)

This property is situated in the heart of the popular holiday destination of Coles Bay, on Tasmania's scenic East Coast.

Offering broad appeal, this residence is designed to encourage holiday living with 2 bedrooms, 2 bathrooms, open plan living/dining/kitchen featuring polished floorboards and a reverse cycle heatpump. The front deck is set up for outdoor living and provides lovely views of the majestic Hazard Mountains to the east and looks across the native reserve to the north. At the rear of the property is an external laundry and another deck area again with views of the native reserve, which the property backs onto.

The current vendors have completed some major renovations, transforming this home into a very popular holiday let, which was managed locally and achieving solid returns pior to March 2020. Have 6 month permanent tenants in at present, which is due to expire early January. 48 hour notice is required for inspection.

Neat and tidy, the simple sunny ambiance together with the location of the property is sure to impress.

Property History for 40 Freycinet Dr, Coles Bay, TAS 7215

A timeline of how this property has performed in the market
Last Sold
$265,000
12 May 2015
  • 05 Mar 2020
    Listed for Sale Expressions of interest close 4pm, 16/04
  • 12 May 2015
    Sold for $265,000
  • 16 Dec 2011
    Listed for Sale $350,000

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About Coles Bay 7215

The size of Coles Bay is approximately 106.9 square kilometres. It has 3 parks covering nearly 47.6% of total area. The population of Coles Bay in 2011 was 307 people. By 2016 the population was 365 showing a population growth of 18.9% in the area during that time. The predominant age group in Coles Bay is 60-69 years. Households in Coles Bay are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Coles Bay work in a managers occupation. In 2011, 64.1% of the homes in Coles Bay were owner-occupied compared with 71.7% in 2016.

Coles Bay has 901 properties. Over the last 5 years, Houses in Coles Bay have seen a 121.44% increase in median value, while Units have seen a 58.49% increase. As at 31 October 2024:

  • The median value for Houses in Coles Bay is $831,366 while the median value for Units is $377,270.
There are currently 17 properties listed for sale, and no properties listed for rent in Coles bay on OnTheHouse. According to CoreLogic's data, 19 properties were sold in the past 12 months in Coles bay.

Suburb Insights for Coles Bay 7215

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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.