OFF MARKET

8/31 Elwick Road
Glenorchy TAS 7010

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 76m2
Land area: 91m2
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Property Details for 8/31 Elwick Rd, Glenorchy

8/31 Elwick Rd, Glenorchy is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1987. The property has a land size of 91m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in January 2017.

Building Type
Unit
Year Built
1987
Floor Size
76m2
Land Size
91m2
Local Government
Glenorchy
Lot/Plan
8/57419

Last Listing description (December 2018)

Tucked away in a much sort after central Glenorchy location is this sleek and stylish 2 bedroom brick unit. The property has an open plan feel with plenty of space, hallways to the bathroom, laundry and bedrooms add privacy. Appeals for the first home owner looking for a place close to the city at an affordable price. These units are getting high returns so for the savvy investor this is a great opportunity and sound investment

Appraised by Rock Property at $255 - $285 a week in rental return


Offers invited around $200,000

Property History for 8/31 Elwick Rd, Glenorchy, TAS 7010

A timeline of how this property has performed in the market
Last Sold
$190,000
25 Jan 2017
Listed for Rent
$275/w
16 Feb 2017
  • 03 Feb 2017
    Listed for Rent - Price not available
  • 25 Jan 2017
    Sold for $190,000
  • 14 Sep 2016
    Listed for Sale Offers around $200,000
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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.

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.