OFF MARKET

176A Waterworks Road
Dynnyrne TAS 7005

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 700m2
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Property Details for 176a Waterworks Rd, Dynnyrne

Building Type
Land
Land Size
700m2
Local Government
Hobart

Last Listing description (February 2017)

Situated at the rear of this newly subdivided block, this blank canvas offers a beautiful leafy outlook ready for further development.
On a sloping site, the options for a multi level property offering excellent accommodation and stunning views will excite any architect or property developer.
The close proximity to the parks and reserves will be a draw card for any one keen to nest, and similarly the close distance to the city, Sandy Bay, and the University will also keep the options open for multi dwelling or combined living options ideal for ongoing tenancies.

The block has already been subdivided, with the rear land available for immediate development. The land and the house at the front will be sold separately, or you may wish to combine the purchases and have total control over both opportunities. Call the agent - buy it, call your architect - design it, and call the builder & build it.

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Property History for 176a Waterworks Rd, Dynnyrne, TAS 7005

A timeline of how this property has performed in the market
  • 06 Jan 2016
    Listed for Sale $170,000 - $190,000

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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 3 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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