OFF MARKET

1/7 Timsbury Road
Glenorchy TAS 7010

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 84m2
Land area: 227m2
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Property Details for 1/7 Timsbury Rd, Glenorchy

1/7 Timsbury Rd, Glenorchy is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1972. The property has a land size of 227m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in September 2014.

Building Type
Unit
Year Built
1972
Floor Size
84m2
Land Size
227m2
Local Government
Glenorchy
Lot/Plan
1/167750

Last Listing description (November 2014)

Nest Or Invest - Offers Over $169,000
Calling all first home buyers, investors and downsize-rs. - Sparkling new kitchen, fresh paint inside and out, new floor coverings and window furnishings - Neat and tidy gardens with loads of off street parking - Situated in a quiet no through Road, within walking distance to public transport, schools showgrounds and the Elwick Racecourse - Glenorchy Shopping Centre is approx. two kilometers away; and only a 10 minute drive to Hobart - 1 x 2 bedroom unit - only 2 on the block - Single garage With all the hard work has been done this property would offer an excellent rental return of approximately 7% per annum. (Unit 2 - 65m2 Land size: 280m2)

Property History for 1/7 Timsbury Rd, Glenorchy, TAS 7010

A timeline of how this property has performed in the market
Last Sold
$172,000
02 Sep 2014
  • 02 Sep 2014
    Listed for Sale OFFERS OVER $169,000
  • 02 Sep 2014
    Sold for $172,000
  • 13 Jun 2014
    Listed for Sale OFFERS OVER $170,000

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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.