OFF MARKET

53 Fenton Street
Latrobe TAS 7307

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 98m2
Land area: 691m2
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Property Details for 53 Fenton St, Latrobe

53 Fenton St, Latrobe is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1998. The property has a land size of 691m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in February 2003.

Building Type
Unit
Year Built
1998
Floor Size
98m2
Land Size
691m2
Local Government
Latrobe
Lot/Plan
26/117486

Last Listing description (June 2011)

MOTIVATED VENDOR ''SAYS SELL'nWhat a great opportunity to pick up a real bargain. These terrific 3 bedroom townhouses are on one title. Both only 13 years old with rendered exterior, aluminum windows and colour bond roof. Set on a corner block (691m2) with private yards and easy access car accommodation for tenants or visitors.
For the investor these townhouses have many options to maximize your investment.
1.Sit back and enjoy an income of $415 per week or 6.7% return PA.

2.Increase the rent & achieve greater returns. Potential to receive over $440 per week or min 7.1% return PA.
3.Spend a little on renovating to receive and instant capital growth, allowing greater rental income.
4.Strata title- Power & water services ideal for this- Strata titling would open up options for separate increased prices
5.Sell one - and then have one rental with less debit.
6.Sell both for increased capital growth
7.Live in one and rent the other out.
Whatever your thoughts are on investments this opportunity is a rare find with a very motivated vendor wanting to secure a sale. Talk to me today.
Offers over $320,000.

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Property History for 53 Fenton St, Latrobe, TAS 7307

A timeline of how this property has performed in the market
Last Sold
$160,000
28 Feb 2003
  • 26 Dec 2010
    Listed for Sale OFFERS OVER $320,000
  • 28 Feb 2003
    Sold for $160,000
  • 20 May 1997
    Sold for $12,000

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About Latrobe 7307

The size of Latrobe is approximately 62.8 square kilometres. It has 12 parks covering nearly 7.1% of total area. The population of Latrobe in 2011 was 3,897 people. By 2016 the population was 4,155 showing a population growth of 6.6% in the area during that time. The predominant age group in Latrobe is 60-69 years. Households in Latrobe are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Latrobe work in a trades occupation. In 2011, 69.1% of the homes in Latrobe were owner-occupied compared with 68.2% in 2016.

Latrobe has 2,742 properties. Over the last 5 years, Houses in Latrobe have seen a 79.51% increase in median value, while Units have seen a 70.36% increase. As at 31 October 2024:

  • The median value for Houses in Latrobe is $534,481 while the median value for Units is $432,190.
  • Houses have a median rent of $460 while Units have a median rent of $420.
There are currently 30 properties listed for sale, and 1 property listed for rent in Latrobe on OnTheHouse. According to CoreLogic's data, 106 properties were sold in the past 12 months in Latrobe.

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