7/111 Waterworks RoadDynnyrne TAS 7005
Property Details for 7/111 Waterworks Rd, Dynnyrne
Last Listing description (May 2017)
Within minutes walk of the nearby magnificent Waterworks Reserve is the Montrivale Rise subdivision at 111 Waterworks Road, offering some of the best views to be had in Hobart. Released to the market as 9 large residential lots ranging in size from 1074 sqm to a massive 2.08 hectares, changes to the Tasmanian Planning Scheme have lead to Lots 5A, 5B, 8B and 12A as further options for those considering this prestigious location for their new homes.
Oriented to capture all day sun, with underground services including the NBN to each lot, these unique Montrivale Rise titles offer simply unrivalled panoramas to Mount Wellington in the west, around to Hobart City and the Eastern Shore to the east. Be sure to click on the virtual tour tab of the internet listing to use the 3D views function we have provided.
Now one of Hobart s most prominent suburbs, Dynnyrne provides the convenience of an inner city lifestyle yet still enjoying a semi rural setting. The sunny north easterly aspect makes these elevated lots a natural for the construction of passive solar energy efficient homes. 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.
Lot 7 1,074 sqm approx
Lot 7 enjoys an incremental elevation over lots 3, 5 and 6 plus an easy access from the first bend in the Montrivale Rise road. The land immediately in front of Lot 7 will not be developed, adding to the peace, privacy and ambience of the setting.
Property History for 7/111 Waterworks Rd, Dynnyrne, TAS 7005
- 17 May 2016Listed for Sale $265,000
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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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