OFF MARKET

44/46 Thorp Street
Cygnet TAS 7112

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2107m2
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Property Details for 44/46 Thorp St, Cygnet

44/46 Thorp St, Cygnet is a 0 bedroom, 0 bathroom House. The property has a land size of 2107m2.

Building Type
House
Land Size
2107m2
Local Government
Huon Valley

Last Listing description (October 2024)

Located just a short stroll from the heart of Cygnet, this DA-approved 6-unit site is located in a prominent corner position with rural farmland on the rear boundary and across the road, making the setting one that is unlikely to change in the coming years.

The property comprises 2 separate titles offering flexibility to develop each title as the development application is staged with 3 units in the first stage to be built on number 44 and the second stage of 3 units to be built on 46. The units are of higher quality and offer the opportunity to add to the current adjacent units high standard making it a desirable area well into the future.

This block is only one of a few double blocks able to have multiple dwellings constructed where you can purchase 2 adjacent titles but also have the option to sell one title if ever required, or even build a large home across both and enjoy the convenient position, views of the township and bay and everything that Cygnet has to offer.

Higher quality units have a strong demand in the Cygnet area with retirees on small farm holdings often looking for their next move closer into the town centre to enjoy this great community and continue their relationships and connections made within the community.

The block is partially fenced with timber paling fencing on two boundaries. The land has a gentle slope from the rear of the lots to the front and sits in a desirable location, plus has all the services easily accessible along the front boundary and a concrete cross-over into each title.

The Cygnet township offers all services and amenities expected in a vibrant country township, including schools, cafes and a wonderful monthly market, just to mention a few. Only 45 minutes from Hobart.

Please call or email us today for all of the approval information on this great opportunity.

Property History for 44/46 Thorp St, Cygnet, TAS 7112

A timeline of how this property has performed in the market
  • 26 Jun 2024
    Listed for Sale Best offer over $700,000
  • 09 Jan 2023
    Listed for Sale Best offer over $750000

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About Cygnet 7112

The size of Cygnet is approximately 57.5 square kilometres. It has 8 parks covering nearly 18% of total area. The population of Cygnet in 2011 was 1,453 people. By 2016 the population was 1,547 showing a population growth of 6.5% in the area during that time. The predominant age group in Cygnet is 60-69 years. Households in Cygnet are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cygnet work in a trades occupation. In 2011, 71.8% of the homes in Cygnet were owner-occupied compared with 71.1% in 2016.

Cygnet has 1,040 properties. Over the last 5 years, Houses in Cygnet have seen a 59.11% increase in median value, while Units have seen a 100.49% increase. As at 31 October 2024:

  • The median value for Houses in Cygnet is $621,797 while the median value for Units is $487,296.
  • Houses have a median rent of $490 while Units have a median rent of $375.
There are currently 23 properties listed for sale, and 3 properties listed for rent in Cygnet on OnTheHouse. According to CoreLogic's data, 43 properties were sold in the past 12 months in Cygnet.

Suburb Insights for Cygnet 7112

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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.