OFF MARKET

2/75 Grove Road
Glenorchy TAS 7010

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 78m2
Land area: 216m2
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Last updated 18 Nov 2024
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Property Details for 2/75 Grove Rd, Glenorchy

2/75 Grove Rd, Glenorchy is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2012. The property has a land size of 216m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in May 2017.

Building Type
Unit
Year Built
2012
Floor Size
78m2
Land Size
216m2
Local Government
Glenorchy
Lot/Plan
2/165013

Last Listing description (August 2017)

This is the sad laments of those who have failed to grasp opportunity. You can join in their despair or you can check out this fantastic two bedroom one bathroom unit that is less than 5 years old, have no strata fees and is within walking distance of the Glenorchy shopping strip. Decorated in neutral tones and with contemporary features throughout, it features a walk in shower, a heat pump, built in robes in both bedrooms, separate laundry and separate toilet. Outside is a small, easily maintained yard, water tank, garden shed and off street parking.
Currently tenanted with excellent long term tenant paying $270 per week it is located at the rear of the block offering privacy and peace of mind. Reasonably priced, this property is just the ticket for the first home buyer trying to get into the property market, the downsizer looking for something a little smaller or someone looking for an investment currently yielding approximately 6%pa.

Property History for 2/75 Grove Rd, Glenorchy, TAS 7010

A timeline of how this property has performed in the market
Last Sold
$240,000
03 May 2017
  • 03 May 2017
    Sold for $240,000
  • 11 Apr 2017
    Listed for Sale Offers Over $240,000

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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.

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