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Sold on 30 Jul 2024 for $531,000

2/42 Merton Street
Glenorchy TAS 7010

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 103m2
Land area: 264m2
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Property Details for 2/42 Merton St, Glenorchy

2/42 Merton St, Glenorchy is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1994. The property has a land size of 264m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Glenorchy in the last 12 months.

Building Type
Unit
Year Built
1994
Floor Size
103m2
Land Size
264m2

Last Listing description (July 2024)

Nestled in the sought-after locale of 'Merton' within Glenorchy, this charming unit caters to a variety of buyers, including first homeowners, those looking to downsize, and savvy investors seeking a turn key property.

Conveniently positioned, the unit enjoys proximity to schools, public transportation, and Glenorchy's bustling central business district.

Key highlights of this property comprise:

• Renovated throughout, immaculately presented and maintained
• Tasmania Oak flooring
• Open plan living
• Abundant natural light illuminating the unit
• Views of the River Derwent
• Equipped with a reverse cycle air conditioner for climate control
• Beautifully updated kitchen boasting ample storage space
• Attractive bathroom featuring a separate shower, bath, and vanity
• Two bedrooms, both built in wardrobes
• Garage with remote access situated underneath, versatile space currently being utilized as a home gym
• Close proximity to public transport, schools, and major shopping centers
• Part of a small complex, consisting of only two units, with this unit located at the rear

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Property History for 2/42 Merton St, Glenorchy, TAS 7010

A timeline of how this property has performed in the market
Last Sold
$531,000
30 Jul 2024
  • 30 Jul 2024
    Sold for $531,000
  • 06 Jul 2024
    Listed for Sale Offers over $515,000
  • 23 Jul 2020
    Sold for $345,000
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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 5,648 properties. Over the last 5 years, Houses in Glenorchy have seen a 48.75% increase in median value, while Units have seen a 49.03% increase. As at 30 November 2024:

  • The median value for Houses in Glenorchy is $560,112 while the median value for Units is $445,449.
  • Houses have a median rent of $520 while Units have a median rent of $450.
There are currently 48 properties listed for sale, and 9 properties listed for rent in Glenorchy on OnTheHouse. According to CoreLogic's data, 168 properties were sold in the past 12 months in Glenorchy.

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Rose Allie
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