OFF MARKET

7/48A Barossa Road
Glenorchy TAS 7010

Bedrooms: 2
Bathrooms: 1
Car spaces: 3
Floor area: 87m2
Land area: 408m2
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Last updated 11 Nov 2024
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Property Details for 7/48a Barossa Rd, Glenorchy

7/48a Barossa Rd, Glenorchy is a 2 bedroom, 1 bathroom Unit with 3 parking spaces and was built in 1986. The property has a land size of 408m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in September 2018.

Building Type
Unit
Year Built
1986
Floor Size
87m2
Land Size
408m2
Local Government
Glenorchy
Lot/Plan
7/58249

Last Listing description (November 2018)

In a sought-after area of Glenorchy, approx. 7 minutes to Hobart CBD, lies this warm and inviting home with much to offer. As you step into this sunny spacious home, you are welcomed with a large living area with open plan access to a tiled dining space and well appointed, excellent condition kitchen comprising of stainless steel appliances. This modern & tastefully renovated home has been completed with style and neutral colours to suit your d cor. The bathroom has been updated and is of a good size. There is a separate shower and bath, good size vanity, and tiles, which add to the overall quality look of the room. This home offers 2 large bedrooms both with built in robes, and flowing through the home is a fresh light coloured carpet adding to the light and bright feel.
There is minimal maintenance and advantages that are sometimes hard to come by. This includes a large 1.5 car remote controlled garage, ample flat car parking in front of the home, room at the rear of the garage for shelving, storage or workshop, separate storage under the house, and as a large draw card to this particular home, there is a good size room with window behind the garage which can be utilised as a man cave or for many other purposes.
Outside there is a large Modwood deck which has been built well and partially covered for the option and benefit of shelter or natural sunlight. This fully fenced yard is a decent size and suitable for pets and children. There is also a balcony off the living room as an added bonus.

This home is tenanted until May 2019 with good tenants who are paying $320 per week and the potential for them to continue their lease after this time is an advantage to investors. For those purchasers wishing to move in, all the renovations have been completed to allow you to move straight in at the end of the lease without having to juggle maintenance issues and home improvements. It is a great opportunity for those first home buyers to purchase and enter the property market whilst having their mortgage payments made for the first months.
With Glenorchy having access to ample shops and services including its own CBD; bus mall, gyms, library, shopping complexes, doctors, pharmacies, schools and more, and having such a short commute to neighbouring Lenah Valley and then Hobart, it is a very convenient and popular location for investors, home occupiers and tenants. This home will not last long so be sure to contact me without delay for details of first inspection.

Property History for 7/48a Barossa Rd, Glenorchy, TAS 7010

A timeline of how this property has performed in the market
Last Sold
$351,000
20 Sep 2018
Listed for Rent
$300/w
06 Apr 2017
  • 20 Sep 2018
    Sold for $351,000
  • 14 Sep 2018
    Listed for Sale $295,000 - $335,000
  • 31 Mar 2017
    Listed for Rent - Price not available
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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.

Suburb Insights for Glenorchy 7010

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Disclaimer
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.