OFF MARKET

1/1 Verbena Place
Glenorchy TAS 7010

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 75m2
Land area: 122m2
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Property Details for 1/1 Verbena Pl, Glenorchy

1/1 Verbena Pl, Glenorchy is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1984. The property has a land size of 122m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in March 2018.

Building Type
Unit
Year Built
1984
Floor Size
75m2
Land Size
122m2
Local Government
Glenorchy
Lot/Plan
1/58083

Last Listing description (June 2018)

This low maintenance, brick veneer and tile villa would make the perfect first home or investment. Located in a popular cul-de-sac this quiet villa is one of only two in the block.
The villa itself boast open plan living with a separate dining area that leads onto the kitchen. The kitchen is a practical 'U' shape with plenty of storage and a sunny outlook.
There are two good size bedrooms, both with built in robes and large windows. There is also a family bathroom with separate bath and shower. The large laundry runs off the kitchen and accesses the yard. There is a single car garage and plenty of off street parking.

For the investor this is a great opportunity to add a solid villa to your portfolio. The villa is currently tenanted until August 2018 at $255 per week, although in the current market there is current potential for rent between $290-$300 per week. It also offers a great entry level home for a first home buyer.
Contact us today for further information on this great opportunity.

Property History for 1/1 Verbena Pl, Glenorchy, TAS 7010

A timeline of how this property has performed in the market
Last Sold
$231,000
20 Mar 2018
Listed for Rent
$255/w
06 Feb 2016
  • 20 Mar 2018
    Sold for $231,000
  • 14 Mar 2018
    Listed for Sale Offers Over $225,000
  • 19 Jun 2015
    Listed for Sale $199,000
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About Glenorchy 7010

The size of Glenorchy is approximately 10.4 square kilometres. It has 19 parks covering nearly 16.6% of total area. The population of Glenorchy in 2011 was 10,533 people. By 2016 the population was 10,833 showing a population growth of 2.8% in the area during that time. The predominant age group in Glenorchy is 20-29 years. Households in Glenorchy are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Glenorchy work in a community and personal service occupation. In 2011, 57.7% of the homes in Glenorchy were owner-occupied compared with 54.6% in 2016.

Glenorchy has 5,640 properties. Over the last 5 years, Houses in Glenorchy have seen a 45.67% increase in median value, while Units have seen a 51.97% increase. As at 31 October 2024:

  • The median value for Houses in Glenorchy is $547,936 while the median value for Units is $438,863.
  • Houses have a median rent of $520 while Units have a median rent of $440.
There are currently 55 properties listed for sale, and 6 properties listed for rent in Glenorchy on OnTheHouse. According to CoreLogic's data, 165 properties were sold in the past 12 months in Glenorchy.

Suburb Insights for Glenorchy 7010

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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.