1/29 Mcgough StreetGlenorchy TAS 7010
Property Details for 1/29 Mcgough St, Glenorchy
1/29 Mcgough St, Glenorchy is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1991. The property has a land size of 590m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in November 2019.
Last Listing description (November 2019)
Don't be put off by the unit address, this property is every bit a spacious 12 square house on a generous 590m2 (approx.) allotment ... welcome to 1/29 McGough Street Glenorchy.
This double storey home is so much more than meets the eye. The spacious open plan living area downstairs captures all day sun, and enjoys a wonderful outlook in all directions to the lovingly maintained landscaped gardens.
The well appointed kitchen offers plenty of storage and bench space, with the dining opening up into the undercover entertaining area.
Both bedrooms are located on the upper floor, and both feature built in robes and a sunny outlook, with the main enjoying stunning views of the river. Also on the upper floor is the bathroom with separate shower and bath, along with the separate toilet.
The secure yard is about as level as they come. There is a double garage already in place, and ample off street parking for the caravan, boat, trailer or all three!
There is nothing to do here but move in and enjoy the low maintenance convenient living that will make this property so appealing to a wide range of buyers.
Investors can expect a rental return of approx. $400-$420pw making this an excellent option to add to your portfolio at around 6.52% gross return.
Inspections by appointment only, call me today. You'll be pleasantly surprised and glad you did. This is so much more than a unit!
Property History for 1/29 Mcgough St, Glenorchy, TAS 7010
- 04 Nov 2019Sold for $360,000
- 04 Sep 2019Listed for Sale Offers Over $335,000
- 17 Jun 2000Sold for $89,000
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0About 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.
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