OFF MARKET

11/28 Waterworks Road
Dynnyrne TAS 7005

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 167m2
Land area: 493m2
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Property Details for 11/28 Waterworks Rd, Dynnyrne

11/28 Waterworks Rd, Dynnyrne is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1989. The property has a land size of 493m2 and floor size of 167m2. While the property is not currently for sale or for rent, it was last sold in June 2019.

Building Type
Unit
Year Built
1989
Floor Size
167m2
Land Size
493m2
Local Government
Hobart
Lot/Plan
11/57665

Last Listing description (July 2019)

Located in popular Dynnyrne this 3 bedroom house currently configured as two flats is within a very easy commute to Sandy Bay shops, local schools, UTAS, CBD and only minutes from Waterworks Reserve well known for its picnic areas, playgrounds and walking tracks.

The home retains many original features such as leadlight, picture rails, fireplaces, high ceilings and timber floors in the main living areas and both flats are generous in size.


Flat 1 is currently utilised as a one bedroom and has the potential to achieve a return of $320 - $330 per week. The living area is a good size and there is also a separate dining room and separate kitchen. The bathroom comprises a shower over bath and a toilet.

Flat 2 is a two bedroom flat with a wide hallway, again a good sized living area with floorboards and feature lead light window, separate kitchen/dining area, bathroom with toilet & shower. This flat has the potential to achieve a rental return of $360 to $370 per week.

Each flat has a generous storage area/laundry under along with a parking space. Visitor parking is also available onsite and a grassed area provides a relaxing space for all occupants to enjoy.

This is a wonderful opportunity to invest in a very convenient location. Please call now to arrange an inspection.

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Property History for 11/28 Waterworks Rd, Dynnyrne, TAS 7005

A timeline of how this property has performed in the market
Last Sold
$575,000
21 Jun 2019
  • 21 Jun 2019
    Sold for $575,000
  • 04 Jun 2019
    Listed for Sale Offers Over $595,000
  • 06 Dec 2018
    Listed for Sale OFFERS OVER $630,000
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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.

Suburb Insights for Dynnyrne 7005

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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.