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.
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)
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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