OFF MARKET

1/64 Molle Street
Hobart TAS 7000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 48m2
Land area: 92m2
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Last updated 18 Nov 2024
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Property Details for 1/64 Molle St, Hobart

1/64 Molle St, Hobart is a 1 bedroom, 1 bathroom House and was built in 1870. The property has a land size of 92m2 and floor size of 48m2. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
House
Year Built
1870
Floor Size
48m2
Land Size
92m2
Local Government
Hobart

Last Listing description (March 2017)

64-66 Molle Street is a building comprising of approximately 153m2 and split into three fully self-contained flats.
Built in 1870, It is set within the inner residential zoning boundaries which are reserved for only a very small proportion of the greater city.
The three units are between 48 and 52m2 in size and have always seen nearly full occupancy for over a decade with very little turnover and fast letting time.

Given its age, the building is showing signs of wear that will need to be addressed in the future, yet this allows you the potential to purchase an inner city apartment building and land with enormous potential for capital growth.
With only a 5 minute walk to the centre of the city or 20 minutes' walk to Salamanca Place, when it comes to ease of access and a central location, you can't ask for much more.
If you research through historical data, Molle Street offers less than one chance a year to buy and invest in residential property in this sensational location so we are not being clich when we say that this is a rare opportunity.
Contact us to arrange your own private inspection today.

Property History for 1/64 Molle St, Hobart, TAS 7000

A timeline of how this property has performed in the market
Last Sold
$575,000
22 Jun 2021
  • 22 Jun 2021
    Sold for $575,000
  • 14 Nov 2016
    Listed for Sale OFFERS OVER $450,000

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About Hobart 7000

The size of Hobart is approximately 2.1 square kilometres. It has 10 parks covering nearly 4.8% of total area. The population of Hobart in 2011 was 2,102 people. By 2016 the population was 2,298 showing a population growth of 9.3% in the area during that time. The predominant age group in Hobart is 20-29 years. Households in Hobart are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hobart work in a professional occupation. In 2011, 31.3% of the homes in Hobart were owner-occupied compared with 26.4% in 2016.

Hobart has 3,030 properties. Over the last 5 years, Houses in Hobart have seen a 27.83% increase in median value, while Units have seen a 34.77% increase. As at 31 October 2024:

  • The median value for Houses in Hobart is $1,051,039 while the median value for Units is $818,558.
  • Houses have a median rent of $560 while Units have a median rent of $575.
There are currently 15 properties listed for sale, and 30 properties listed for rent in Hobart on OnTheHouse. According to CoreLogic's data, 70 properties were sold in the past 12 months in Hobart.

Suburb Insights for Hobart 7000

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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.