OFF MARKET

17 Milburn Place
Glenorchy TAS 7010

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 93m2
Land area: 640m2
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Last updated 16 Sep 2024
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Property Details for 17 Milburn Pl, Glenorchy

17 Milburn Pl, Glenorchy is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1972. The property has a land size of 640m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in February 2021.

Building Type
House
Year Built
1972
Floor Size
93m2
Land Size
640m2
Local Government
Glenorchy
Lot/Plan
114/54625

Last Listing description (March 2021)

In a quiet, yet central location of Glenorchy, this commanding 3 bedroom home represents an exceptional buying opportunity for the astute investor or first home buyer.

Close to numerous schools, public transport, and the heart of Glenorchy's shopping precinct.

Features of the property include:
- Open kitchen/dining space
- Light and bright living area
- Three good sized bedrooms
- Separate shower and bath in the bathroom
- Separate toilet
- Timber floorboards throughout
- Good storage under the house
- Low maintenance yard space - great for children and pets
- Additional useable space for children with reserve next door
- Rented at $315pw with an incentive payment of $9,000 per year from Centacare Housing

Currently rented through Centacare Evolve Housing to an excellent tenant and you can take advantage of the private rental incentive scheme.

Direct from their website, please see below:
- The opportunity to support people in need of a home.
- A two year fixed term head lease with Centacare Evolve Housing - a nationally accredited Tier 1 Community Housing Provider.
- Rents capped at between 25 to 30 per cent below median rental rates with incentive payments of between $6,000 and $9,000 per annum.
- Fee free property management.
- Peace of mind regarding rent payments, maintenance liability and property inspections.

The market continues to be very strong, and at this price point we expect strong competition.

Please contact Chris Hills to register for the scheduled open home or to make your offer.

The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, we cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information.

All timeframes and dimensions are approximates only.

Property History for 17 Milburn Pl, Glenorchy, TAS 7010

A timeline of how this property has performed in the market
Last Sold
$415,000
18 Feb 2021
Listed for Rent
$290/w
06 Jan 2011
  • 18 Feb 2021
    Sold for $415,000
  • 16 Feb 2021
    Listed for Sale Best offer over $365,000
  • 09 Dec 2010
    Listed for Rent - Price not available
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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 5,649 properties. Over the last 5 years, Houses in Glenorchy have seen a 44.30% increase in median value, while Units have seen a 63.72% increase. As at 31 August 2024:

  • The median value for Houses in Glenorchy is $529,491 while the median value for Units is $452,748.
  • Houses have a median rent of $510 while Units have a median rent of $440.
There are currently 48 properties listed for sale, and 12 properties listed for rent in Glenorchy on OnTheHouse. According to CoreLogic's data, 177 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.