1/3 Kirkland St, Glenorchy is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1974. The property has a land size of 85m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in July 2017.
Situated on near level grounds this solid affordable two bedroom unit would ideally suit the elderly seeking to downsize or first home buyer wishing to enter the market.
The open plan living area is kept cosy in winter and cool in the summer months with the quality Daiken reverse cycle air-conditioner.
Currently let out to long term tenants (approx 9 years) returning a healthy 6%+ gross rental return.
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:
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