OFF MARKET

111 Waterworks Road
Dynnyrne TAS 7005

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1054m2
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Property Details for Lot 2/111 Waterworks Rd, Dynnyrne

Building Type
Land
Land Size
1054m2
Local Government
Hobart

Last Listing description (May 2019)

This great block is great value , as is so close to Hobart.
Where else in the world could you live within a 5 minute drive to a major CBD and shopping district and feel so close to nature than in this great spot in Hobart.....and to have Sandy Bay as a neighbor is a great location.
What you build here will be a great long term investment.

A modern showcase of a home with amazing views is what this block needs to make a great lifestyle for its owner and brilliant place to live.
The mountain is to one side and sweeping views of the gorgeous Derwent River to your right.
You must check this new area out if you want to build this year , with all day sun and a lovely aspect.
Just go toward the mountain up Davey street South Hobart and follow the signs to the left to Waterworks road and then to your left is Montrivale rise Dynnyrne. An amazingly quiet peaceful haven so close to Hobart CBD.
If you need help we can also put you in touch with local building companies to assist you with the entire process and know exactly what to build to make the most of the views.

Lots 1,2 and 4 available with underground services and NBN.

Property History for Lot 2/111 Waterworks Rd, Dynnyrne, TAS 7005

A timeline of how this property has performed in the market
  • 30 Nov 2016
    Listed for Sale O.O $230,000.00

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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 38.92% increase in median value, while Units have seen a 23.69% increase. As at 31 August 2024:

  • The median value for Houses in Dynnyrne is $984,599 while the median value for Units is $544,027.
  • Houses have a median rent of $560 while Units have a median rent of $500.
There are currently 2 properties listed for sale, and no properties listed for rent in Dynnyrne on OnTheHouse. According to CoreLogic's data, 11 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.