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Sold on 18 Jul 2024 for $830,000

7/38 Patrick Street
Hobart TAS 7000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 141m2
Land area: 192m2
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Property Details for 7/38 Patrick St, Hobart

7/38 Patrick St, Hobart is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2004. The property has a land size of 192m2 and floor size of 141m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Hobart in the last 12 months.

Building Type
Unit
Year Built
2004
Floor Size
141m2
Land Size
192m2
Local Government
Hobart
Lot/Plan
9/141768

Last Listing description (September 2024)

Experience the ultimate in inner-city living with this stunning apartment, where modern design meets sophisticated style. Nestled between North Hobart and Hobart's CBD, 38 Patrick Street is a prestigious, architecturally designed complex of fourteen gated apartments, offering both luxury and convenience in a prime location.

Apartment 7 invites you to enjoy unparalleled comfort across three levels, with a spacious floor plan that exudes tranquility and light. The split-level interior showcases sleek finishes and a soothing neutral palette, while the expansive first-floor living area flows effortlessly onto a large private balconyperfect for entertaining with breathtaking cityscape and mountain views.

The contemporary kitchen, complete with a bulkhead ceiling and an expansive butlers pantry, is designed for effortless entertaining. The pantry offers ample storage, countertop space for appliances, a second sink plus laundry area complete with a combined washer/dryer. Overhead shelving and a convenient servery space making meal prep and cleanup a breeze. A powder room with additional storage adds to the functionality of this level.

Upstairs, the master bedroom is a true retreat, featuring full-width windows that flood the space with natural light and offer stunning views. With three separate built-in robes and elegant white cabinetry, storage is abundant. The second bedroom, with a walk-in robe, generous windows, and sliding door access, is adjacent to a handy study nook. The contemporary bathroom is stylishly appointed with sleek surfaces and ample space.

Additional features of this exceptional property include:

- Automatic entrance gate to the complex
- Communal lawn area with BBQ, established trees, and hedges
- Ground-level secure garage with intercom and internal access to the apartment
- Heating provided by heat pumps and panel heaters

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Property History for 7/38 Patrick St, Hobart, TAS 7000

A timeline of how this property has performed in the market
Last Sold
$830,000
18 Jul 2024
Listed for Rent
$650/w
24 Aug 2024
  • 24 Aug 2024
    Listed for Rent $650 / week
  • 18 Jul 2024
    Sold for $830,000
  • 03 Jul 2024
    Listed for Sale Buyers looking at $815,000 + price range
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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 3,029 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 13 properties listed for sale, and 30 properties listed for rent in Hobart on OnTheHouse. According to CoreLogic's data, 68 properties were sold in the past 12 months in Hobart.

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