SOLD
Sold on 13 Dec 2023 for $375,000

42/30 Rutherglen Road
Hadspen TAS 7290

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Floor area: 244m2
Land area: 9658m2
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Property Details for 42/30 Rutherglen Rd, Hadspen

42/30 Rutherglen Rd, Hadspen is a 4 bedroom, 1 bathroom House with 2 parking spaces and was built in 1940. The property has a land size of 9658m2 and floor size of 244m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 4 bedroom House sold in Hadspen in the last 12 months.

Building Type
House
Year Built
1940
Floor Size
244m2
Land Size
9658m2
Local Government
Meander Valley
Lot/Plan
42/111015

Last Listing description (January 2024)

A property offering potential on an exceptional scale, featuring total land area of some 9,631m2, a four bedroom home and its accompanying holdings suggest scope for sub-division and development of additional units, (subject to approvals), within the Rutherglen complex.
The prospect for a reliable income earning revenue stream accompanies a series of appealing sites, some featuring aspects over the South Esk River, all complemented by the convenience and character for which Rutherglen is so widely regarded.
The current home's readiness for replacement or comprehensive renovation is made immediately clear by its proportions while the presence of a double garage could provide ideal storage for the work site if so desired.

Set out over five individually substantial plots, this rare offering represents numerous possibilities, including renovation and or new development in an attractive village setting, enhanced by Rutherglen's proximity to Hadspen township and Launceston's city centre.

Body Corp fees $4,800 per annum.

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Property History for 42/30 Rutherglen Rd, Hadspen, TAS 7290

A timeline of how this property has performed in the market
Last Sold
$375,000
13 Dec 2023
  • 13 Dec 2023
    Sold for $375,000
  • 30 Nov 2023
    Listed for Sale Offers Over $395,000
  • 23 Jun 2017
    Sold for $1,833,265
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About Hadspen 7290

The size of Hadspen is approximately 10.8 square kilometres. It has 6 parks covering nearly 1.8% of total area. The population of Hadspen in 2011 was 2,061 people. By 2016 the population was 2,256 showing a population growth of 9.5% in the area during that time. The predominant age group in Hadspen is 40-49 years. Households in Hadspen are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Hadspen work in a trades occupation. In 2011, 81.2% of the homes in Hadspen were owner-occupied compared with 79.3% in 2016.

Hadspen has 1,173 properties. Over the last 5 years, Houses in Hadspen have seen a 76.30% increase in median value, while Units have seen a 72.51% increase. As at 30 September 2024:

  • The median value for Houses in Hadspen is $575,741 while the median value for Units is $338,484.
  • Houses have a median rent of $460 while Units have a median rent of $335.
There are currently 9 properties listed for sale, and 1 property listed for rent in Hadspen on OnTheHouse. According to CoreLogic's data, 37 properties were sold in the past 12 months in Hadspen.

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