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Sold on 24 Nov 2023 - Price Unavailable

20 Sutton Street
Hillcrest TAS 7320

Bedrooms: 3
Bathrooms: 3
Car spaces: 3
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Property Details for 20 Sutton St, Hillcrest

20 Sutton St, Hillcrest is a 3 bedroom, 3 bathroom BlockOfUnits with 3 parking spaces. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 3 bedroom BlockOfUnits sold in Hillcrest in the last 12 months.

Building Type
BlockOfUnits
Local Government
Burnie
Lot/Plan
1/200557

Last Listing description (November 2023)

A fantastic property returning a 7.4% gross yield, and an affordable price point, this block of units could make a valuable addition to your investment portfolio.

Comprising of three fully self contained one bedroom units, all on a single title.

The brick construction with aluminium windows ensures the property is easy to maintain.

Each unit has its own kitchen, bathroom, living space and bedroom as well as a front and back door.

There is also three dedicated clothes lines, and plenty of parking space for each tenant if they have a car.

Located close to local bus stops for easy transport, properties like this are always highly sort after.

All three units are currently fully leased.

Call the team at 4front Real Estate for more info, or to book your private inspection.

*4front Real Estate has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate. *

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Property History for 20 Sutton St, Hillcrest, TAS 7320

A timeline of how this property has performed in the market
Last Sold
24 Nov 2023
  • 19 Mar 2024
    Listed for Rent $240 / week
  • 02 Nov 2023
    Sold for $517,000
  • 28 Oct 2023
    Listed for Sale $499,900
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About Hillcrest 7320

The size of Hillcrest is approximately 0.7 square kilometres. It has 3 parks covering nearly 2.9% of total area. The population of Hillcrest in 2011 was 1,077 people. By 2016 the population was 1,057 showing a population decline of 1.9% in the area during that time. The predominant age group in Hillcrest is 20-29 years. Households in Hillcrest are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Hillcrest work in a labourer occupation. In 2011, 56.1% of the homes in Hillcrest were owner-occupied compared with 56.8% in 2016.

Hillcrest has 535 properties. Over the last 5 years, Houses in Hillcrest have seen a 87.94% increase in median value, while Units have seen a 77.77% increase. As at 31 October 2024:

  • The median value for Houses in Hillcrest is $389,457 while the median value for Units is $342,124.
  • Houses have a median rent of $370 while Units have a median rent of $170.
There are currently 2 properties listed for sale, and no properties listed for rent in Hillcrest on OnTheHouse. According to CoreLogic's data, 19 properties were sold in the past 12 months in Hillcrest.

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