4 Lang PlaceGlenorchy TAS 7010
Property Details for 4 Lang Pl, Glenorchy
4 Lang Pl, Glenorchy is a 3 bedroom, 2 bathroom House and was built in 1971. The property has a land size of 611m2 and floor size of 127m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom House sold in Glenorchy in the last 12 months.
Last Listing description (August 2024)
Discover the untapped potential within this expansive brick family residence. Whether you're stepping into homeownership for the first time, seeking a savvy investment opportunity, or aiming to establish a foothold in a growing pocket of Glenorchy. For those with an eye on long-term equity growth, this property offers an unparalleled prospect.
Currently unoccupied, this home presents an enticing opportunity for first-time buyers. Recently enhanced with new carpets, fresh paint, and a modernized studio space beneath (not approved) this home will tick the boxes of savvy purchasers. With a potential rental yield ranging between $530 to $570 per week, it also holds strategic appeal for astute investors, with the potential for dual income.
Situated in a sought-after pocket of Glenorchy, and conveniently proximate to all local amenities, this residence ticks all the right boxes with ease. Much of the groundwork has been completed, leaving one lucky buyer with a property ready to move straight into, or lease out immediately.
Comprising three generously-sized bedrooms, a spacious kitchen/dining area, a comfortable and sun filled lounge, the accommodation seamlessly blends practicality with comfort. There is ample opportunity for the new owner to infuse their personal style, upgrade the yard, and add further value to the property.
Externally, the positives continue with a sizable deck, with a great outlook, ideal for entertaining. The under-house area has been converted into a studio space, featuring a modern bathroom, this is a fully renovated space allowing a unique opportunity for the future owners.
Strategically positioned for convenience, this property caters to a diverse array of buyers. While the images offer a glimpse into its allure, an in-person viewing is essential to fully appreciate the potential this home encapsulates. Seize the opportunity to capitalize on the thriving Glenorchy market while it's still within reach.
For those curious about their home's value or considering a sale, reach out to Nat Downton, Australia's former Number 1 Sales Consultant, for a complimentary market appraisal. With a decade-long track record of success, Nat stands out as the top-selling agent in the area, offering trusted guidance for all your property needs.
Property History for 4 Lang Pl, Glenorchy, TAS 7010
- 17 Jul 2024Sold
- 07 May 2024Listed for Sale Offers Over $525,000
- 06 May 2022Listed for Sale Offers Over $475,000
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0About 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.
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