OFF MARKET

3/111 Waterworks Road
Dynnyrne TAS 7005

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 131m2
Land area: 1096m2
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Property Details for 3/111 Waterworks Rd, Dynnyrne

3/111 Waterworks Rd, Dynnyrne is a bedroom, bathroom House. The property has a land size of 1096m2 and floor size of 131m2.

Building Type
House
Floor Size
131m2
Land Size
1096m2
Local Government
Hobart

Last Listing description (November 2016)

Within minutes walk of the nearby magnificent Waterworks Reserve is the Montrivale Rise subdivision at 111 Waterworks Road. Initially released to the market as 9 large and exclusive residential lots ranging in size from 1074 sqm to a massive 2.08 hectares changes to the Tasmanian Planning Scheme have lead to further subdivision for 2 of the remaining lots in the development, creating affordable solutions for smaller lot sizes.
Oriented to capture all day sun and with underground services and utilities including the NBN to each lot these unique Montrivale Rise titles offer simply unrivalled panoramic views from Mount Wellington in the west around to Hobart City and the Eastern Shore to the east.
Now one of Hobart s most prestigious suburbs, Dynnyrne provides a peaceful inner city lifestyle within 3 kilometres of the CBD, with a sunny north easterly aspect making these elevated lots a natural for the construction of energy efficient, prestige homes and town houses designed to maximise solar energy uptake. Yet scarcely 1 kilometre from South Hobart or King Street shopping and just 3 kilometres from the Hobart CBD or University of Tasmania in Sandy Bay.

We invite buyers looking for inner city land to visit the Montrivale Rise site and witness the range of views and aspects for themselves. Then call Jim Playsted for further details and a chance to secure a piece of what is truly a special, new residential land offering.
Lot 3 1,096 sqm approx
On a similar level with lots 5 and 6. The site is suited to townhouse development with good level access and entry from street level STCA.

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Property History for 3/111 Waterworks Rd, Dynnyrne, TAS 7005

A timeline of how this property has performed in the market
  • 17 May 2016
    Listed for Sale $260,000

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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 726 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 1 property listed for rent in Dynnyrne on OnTheHouse. According to CoreLogic's data, 13 properties were sold in the past 12 months in Dynnyrne.

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