OFF MARKET

130 King Street
Dynnyrne TAS 7005

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
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Last updated 11 Nov 2024
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Property Details for 130 King St, Dynnyrne

130 King St, Dynnyrne is a 2 bedroom, 2 bathroom House with 2 parking spaces.

Building Type
House
Local Government
Hobart

Last Listing description (June 2021)

Freestanding house configured as two strongly performing rental units, each with its own separate title. This is a blue-chip investment opportunity not to be missed with over $42,600 p.a. in gross income.

Built c1920, the property consists of two modernised one-bedroom flats, each complemented with a kitchen-dining area, formal lounge and a bathroom-laundry.

The building sits on a deep block with two undercover parking spaces, two storage sheds and offers excellent value add potential via a multi-dwelling development (STCA).

Offering an exceptional location, this home is steps away from a local grocer, butcher and public transport and is in close proximity to a comprehensive suite of amenities and attractions: Sandy Bay and South Hobart shops, Hill Street Grocer, UTAS, Princes Street Primary School and Fitzroy Gardens.

All inspections are conducted in accordance with the latest government guidelines. We may request you to wear a mask, use hand sanitiser, refrain from touching any items/fixtures and doors and ask you to provide your contact details. We appreciate your assistance.

Living area:
Unit 1- 70m
Unit 2- 87m
Land area: 830m

Approx outgoings per unit:
Council Rates - $1,622 p.a.
Water Rates - $960 p.a.

Property History for 130 King St, Dynnyrne, TAS 7005

A timeline of how this property has performed in the market
  • 26 Mar 2021
    Listed for Sale Offers over $1,100,000

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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 41.23% increase in median value, while Units have seen a 15.47% increase. As at 31 October 2024:

  • The median value for Houses in Dynnyrne is $1,003,966 while the median value for Units is $550,353.
  • Houses have a median rent of $565 while Units have a median rent of $470.
There are currently 4 properties listed for sale, and 2 properties listed for rent in Dynnyrne on OnTheHouse. According to CoreLogic's data, 14 properties were sold in the past 12 months in Dynnyrne.

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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.