OFF MARKET

7/157 Tolosa Street
Glenorchy TAS 7010

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 59m2
Land area: 73m2
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Property Details for 7/157 Tolosa St, Glenorchy

7/157 Tolosa St, Glenorchy is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1971. The property has a land size of 73m2 and floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in June 2018.

Building Type
Unit
Year Built
1971
Floor Size
59m2
Land Size
73m2
Local Government
Glenorchy
Lot/Plan
7/135389

Last Listing description (July 2018)

Situated on the main thoroughfare into the Glenorchy CBD, this classic 1970's unit offers a great location, an easy living floor plan and a low maintenance investment. This is arguably one of the most affordable units in this area.
The unit is part of a popular two storey complex and is located on the upper level. You enter off the front covered veranda into an open plan living and dining space. The kitchen is at the end of this space and is separated by a built in open shelving unit, which provide extra storage space to the minimalist kitchen.
The two good size bedrooms open off the living space. They are both light bright spaces with large windows and neutral decor.

The family bathroom offers a shower over bath and incorporates the laundry. The toilet is separate.
The property comes with one car parking spaces. The rental return has been appraised at $240 per week, making this a high yielding investment. The property is currently tenanted by long standing quality tenants who are now on a periodic lease.ent.

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Property History for 7/157 Tolosa St, Glenorchy, TAS 7010

A timeline of how this property has performed in the market
Last Sold
$180,000
01 Jun 2018
Listed for Rent
$180/w
27 Mar 2015
  • 01 Jun 2018
    Sold for $180,000
  • 07 May 2018
    Listed for Sale Offers Over $169,000
  • 27 Feb 2015
    Listed for Rent $180 / week
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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 58 properties listed for sale, and 6 properties listed for rent in Glenorchy on OnTheHouse. According to CoreLogic's data, 166 properties were sold in the past 12 months in Glenorchy.

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