18/10 Waterworks RoadDynnyrne TAS 7005
Property Details for 18/10 Waterworks Rd, Dynnyrne
18/10 Waterworks Rd, Dynnyrne is a 3 bedroom, 2 bathroom Unit and was built in 2004. The property has a land size of 280m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in December 2015.
Last Listing description (February 2016)
This modern low maintenance 3 bedroom, 2 bathroom property offers the homebuyer or investor the ability to purchase a property located in a prime position between the Hobart CBD and the University of Tasmania.
The property has until recently been rented at $420pw. Assuming a $380,000 purchase price, this equates to a gross yield of 5.7%. Arguably, in today's low interest rate environment, this is an excellent cash flow return for a property which should provide capital growth over the longer term.
- Modern design
- Walking distance to Hobart CBD and University of Tasmania
- Good rental history
- Affordable
Property History for 18/10 Waterworks Rd, Dynnyrne, TAS 7005
- 24 Dec 2015Sold for $380,000
- 11 Dec 2015Listed for Sale BEST OFFER OVER $365,000
- 04 Dec 2008Sold for $305,000
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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.
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