9 William StreetForth TAS 7310
Property Details for 9 William St, Forth
9 William St, Forth is a 18 bedroom, 9 bathroom House with 9 parking spaces and was built in 1952. The property has a land size of 4550m2 and floor size of 190m2. While the property is not currently for sale or for rent, it was last sold in October 1989.
Last Listing description (September 2024)
6 x 2 Bedroom 1 Bathroom Units with carports
3 x 2 Bedroom 1 Bathroom Units with car spaces
Close to CBD Shopping Centres and Food Outlets
6.47% Gross Income Fully Tenanted
Devonport is the Living City with infrastructure continuing beyond the recently completed Novotel Waterfront Hotel, Paranaple Centre, Multi-Level Car Park, Providore Place and the terrific new sound and light show on the Mersey Foreshore. It is the gateway to Tasmania with The Spirit of Tasmania ferries sailing up the Mersey River twice daily delivering a steady stream of cargo and passengers directly to the City.
This property presents a unique opportunity to purchase the whole complex of 9 units providing a hefty 6.47% gross income return. These units offer an essential and affordable option in a Devonport rental market that is currently extremely buoyant with minimal vacancy rates in the area. The three units in the front house have had extensive upgrades and renovation. Two of the back brick unit complex have been extensively renovated including new roofs. Other upgrades include fresh paint and carpets maintained over the past few years.
*The information contained herein has been supplied to us by sources which are considered reliable and we have no reason to doubt its accuracy. However, all interested parties should make their own enquiries to verify this information to be correct. All measurements are approximate and are for illustrative purposes only.
Property History for 9 William St, Forth, TAS 7310
- 02 Sep 2024Listed for Sale Offers Over $2,300,000
- 30 Oct 1989Sold for $5,000
- 03 Mar 1988Sold for $55,000
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0About Forth 7310
The size of Forth is approximately 34.8 square kilometres. It has 4 parks covering nearly 0.2% of total area. The population of Forth in 2011 was 1,024 people. By 2016 the population was 727 showing a population decline of 29.0% in the area during that time. The predominant age group in Forth is 60-69 years. Households in Forth are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Forth work in a professional occupation. In 2011, 83.3% of the homes in Forth were owner-occupied compared with 84.8% in 2016.
Forth has 415 properties. Over the last 5 years, Houses in Forth have seen a 89.59% increase in median value, while Units have seen a 69.98% increase. As at 31 October 2024:
- The median value for Houses in Forth is $674,465 while the median value for Units is $402,006.
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