3/29A Middle RoadDevonport TAS 7310
Property Details for 3/29a Middle Rd, Devonport
3/29a Middle Rd, Devonport is a 2 bedroom, 1 bathroom Unit and was built in 1961. The property has a land size of 175m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in January 2021.
Last Listing description (September 2024)
This property is a chance opening to grow your property investment portfolio offering a gross 5.8% yield in the current market.
Capturing city outlooks and with a lifestyle of ease, the unit is within walking distance to the Devonport CBD and footsteps from schools and transport, this chance prospect is not to be dismissed.
Polished timber floors flow through the unit, both bedrooms with built-in robes, while a linen cupboard is installed for storage. The versatile kitchen comes complete with oven, cooktop, range hood and dishwasher.
The living zone of the residence features reverse cycle air conditioning for heating and cooling.
Cleverly configured to create an added sense of privacy, these units have an outdoor entertaining area and under home storage.
A terrific investment, units in this area are currently tenanted at $300 per week with increase proposed, and within walking distance to cafe's and Shopping Centre making for a great proposition for tenancy.
- Two-bedroom unit with polished timber floors
- Private outdoor entertaining
- Within Close proximity to Devonport CBD
- Estimated gross yield of 5.8%
** Not all photos are current, inspection recommended or a walk through can be arranged.
Unit is still in good condition
Property History for 3/29a Middle Rd, Devonport, TAS 7310
- 23 Sep 2024Listed for Sale $265,000
- 19 Jan 2021Sold for $195,000
- 05 Jan 2021Listed for Rent $280 / week
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0About Devonport 7310
The size of Devonport is approximately 10.2 square kilometres. It has 15 parks covering nearly 13.3% of total area. The population of Devonport in 2011 was 14,009 people. By 2016 the population was 13,761 showing a population decline of 1.8% in the area during that time. The predominant age group in Devonport is 50-59 years. Households in Devonport are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Devonport work in a professional occupation. In 2011, 62.2% of the homes in Devonport were owner-occupied compared with 59.4% in 2016.
Devonport has 7,681 properties. Over the last 5 years, Houses in Devonport have seen a 74.53% increase in median value, while Units have seen a 66.94% increase. As at 30 November 2024:
- The median value for Houses in Devonport is $460,919 while the median value for Units is $388,396.
- Houses have a median rent of $430 while Units have a median rent of $360.
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