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Sold on 27 Nov 2023 for $515,000

4 Balmain Street
Glenorchy TAS 7010

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 100m2
Land area: 607m2
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Property Details for 4 Balmain St, Glenorchy

4 Balmain St, Glenorchy is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1963. The property has a land size of 607m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 3 bedroom House sold in Glenorchy in the last 12 months.

Building Type
House
Year Built
1963
Floor Size
100m2
Land Size
607m2
Local Government
Glenorchy
Lot/Plan
46/54750

Last Listing description (November 2023)

Conveniently positioned in a prime location, this property offers easy access to nearby shops, public transportation, and a beautiful reserve. Whether you're looking for a great starter home or an investment opportunity, this property boasts a multitude of potential uses.

The low-maintenance backyard, along with a carport and extra off-street parking space, ensures practicality and convenience. The property offers an abundance of usable space, providing limitless options for its future.

Inside, you'll find a generous living area, an open-plan kitchen and dining space with a sunroom. The property includes three spacious bedrooms, with the master bedroom featuring ample built-in storage. It has been recently refreshed with a fresh coat of paint, making it move-in ready for its next owner.

• Perfect first home or investment
• Versatile floorplan and spacious layout
• New carpet and freshly painted throughout
• Three spacious bedrooms
• Central family bathroom with a separate toilet
• Low-maintenance backyard
• Carport and additional off-street parking
• Proximity to local services, schools, and Northgate Shopping Centre
• Less than 20-minutes to Hobart CBD
• Approximate rental return of $540 per week.

Year built: 1963
Construction: Weatherboard
Roof: Iron
Annual Council Rates:
Annual Water Rates: $1,200 approx.
Annual Council Rates: $1,800 approx.

Discover Glenorchy
Glenorchy has become one of Hobart's property hotspots. It has everything you could possibly need, from shopping centres to the Village cinema and boutique coffee shops like Agent Cooper and around 15 minutes from the bustling Hobart CBD. The Glenorchy town centre is a short drive away with great local schools and is home to a council-run swimming pool, the popular Tolosa Park, football and soccer grounds, not to mention being a short drive to MONA.

Property History for 4 Balmain St, Glenorchy, TAS 7010

A timeline of how this property has performed in the market
Last Sold
$515,000
27 Nov 2023
Listed for Rent
$270/w
05 Mar 2013
  • 20 Nov 2023
    Sold for $515,000
  • 13 Nov 2023
    Listed for Sale Offers Over $495,000
  • 14 Apr 2014
    Listed for Sale $245,000
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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 59 properties listed for sale, and 6 properties listed for rent in Glenorchy on OnTheHouse. According to CoreLogic's data, 164 properties were sold in the past 12 months in Glenorchy.

Suburb Insights for Glenorchy 7010

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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.