OFF MARKET

1/127 Waterworks Road
Dynnyrne TAS 7005

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Floor area: 130m2
Land area: 453m2
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Last updated 16 Sep 2024
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Property Details for 1/127 Waterworks Rd, Dynnyrne

1/127 Waterworks Rd, Dynnyrne is a 4 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1974. The property has a land size of 453m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
Unit
Year Built
1974
Floor Size
130m2
Land Size
453m2
Local Government
Hobart
Lot/Plan
1/170964

Last Listing description (July 2017)

Perched up on the top side of the popular Waterworks Road sits this fantastic unit up for grabs!
Rarely do units the size of a house come up for sale, particularly in popular locations such as Dynnyrne! For the savvy investor, this is one not to be missed.
With a current lease in place achieving $420 per week, the unit features 4 double bedrooms, opening it up to multiple investment opportunities.

The building itself is one of only 3 units with the other one being owner occupied. This unit occupies the top floor.
Feature summary:
4 double bedrooms 3 with built in wardrobes
Large open plan kitchen/dining/living area
Pure wool carpet throughout
All day sun
Updated kitchen
Fantastic bush, city and water views
Quiet, popular area
Reverse cycle heat pump
Off street parking
Call our office now to arrange your inspection!

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Property History for 1/127 Waterworks Rd, Dynnyrne, TAS 7005

A timeline of how this property has performed in the market
Last Sold
$150,000
21 Jun 2023
  • 21 Jun 2023
    Sold for $150,000
  • 09 May 2017
    Sold for $387,000
  • 13 Apr 2017
    Listed for Sale Not Disclosed
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About Dynnyrne 7005

The size of Dynnyrne is approximately 1.6 square kilometres. It has 5 parks covering nearly 6.8% of total area. The population of Dynnyrne in 2011 was 1,481 people. By 2016 the population was 1,591 showing a population growth of 7.4% in the area during that time. The predominant age group in Dynnyrne is 20-29 years. Households in Dynnyrne are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Dynnyrne work in a professional occupation. In 2011, 58.7% of the homes in Dynnyrne were owner-occupied compared with 63.5% in 2016.

Dynnyrne has 725 properties. Over the last 5 years, Houses in Dynnyrne have seen a 38.92% increase in median value, while Units have seen a 23.69% increase. As at 31 August 2024:

  • The median value for Houses in Dynnyrne is $984,599 while the median value for Units is $544,027.
  • Houses have a median rent of $560 while Units have a median rent of $500.
There are currently 2 properties listed for sale, and no properties listed for rent in Dynnyrne on OnTheHouse. According to CoreLogic's data, 11 properties were sold in the past 12 months in Dynnyrne.

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