SOLD
Sold on 24 Nov 2023 for $500,000

31 South Terrace
Lauderdale TAS 7021

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 65m2
Land area: 668m2
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Property Details for 31 South Tce, Lauderdale

31 South Tce, Lauderdale is a 2 bedroom, 1 bathroom House and was built in 1956. The property has a land size of 668m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 2 bedroom House sold in Lauderdale in the last 12 months.

Building Type
House
Year Built
1956
Floor Size
65m2
Land Size
668m2
Local Government
Clarence
Lot/Plan
96/211170

Last Listing description (January 2024)

If location and potential are important to you then 31 South Terrace is a must see property.
This cute cottage could do with some TLC but what an opportunity it presents.
The cottage is totally functional and is connected to the Lauderdale sewage. There are two bedrooms, a functional bathroom and kitchen, so why not move in and build your dream home at the back of the 668m2 flat block of land.

Or remove the cottage and optimize this Lauderdale blocks potential and build 2 units (STCA) or build your architecturally designed beach house.
3 minute walk to the local shops and cafe and 3 minutes' walk to the pristine and family friendly Lauderdale beach.
Overlooking the Lauderdale Canal this property has opportunity written all over it.
This property would suit a range of buyers including families, retirees, or a wise investor. Fantastic opportunity for Air BnB accommodation or long-term rental.

Approximately 25 minutes to Hobart CBD with schools, shopping centre and medical services all close by 15 minutes to Hobart Airport.

31 South Terrace is a private and quiet location and is only minutes away from supermarkets, fuel, cafes, restaurants, take away food, local school and public transport. Opportunity not to be missed.

Roberts Real Estate have obtained all information in this document from sources considered to be reliable; however, we cannot guarantee its accuracy.
Prospective purchasers are advised to carry out their own investigations. All measurements are approximate.

Property History for 31 South Tce, Lauderdale, TAS 7021

A timeline of how this property has performed in the market
Last Sold
$500,000
24 Nov 2023
  • 24 Nov 2023
    Sold for $500,000
  • 26 Sep 2023
    Listed for Sale Offers over $495,000
  • 31 Jul 2000
    Sold for $60,000
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About Lauderdale 7021

The size of Lauderdale is approximately 4.6 square kilometres. It has 8 parks covering nearly 26.4% of total area. The population of Lauderdale in 2011 was 2,281 people. By 2016 the population was 2,386 showing a population growth of 4.6% in the area during that time. The predominant age group in Lauderdale is 50-59 years. Households in Lauderdale are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Lauderdale work in a professional occupation. In 2011, 83.9% of the homes in Lauderdale were owner-occupied compared with 82.6% in 2016.

Lauderdale has 1,080 properties. Over the last 5 years, Houses in Lauderdale have seen a 53.12% increase in median value, while Units have seen a 51.85% increase. As at 31 October 2024:

  • The median value for Houses in Lauderdale is $827,847 while the median value for Units is $598,933.
  • Houses have a median rent of $640.
There are currently 8 properties listed for sale, and 1 property listed for rent in Lauderdale on OnTheHouse. According to CoreLogic's data, 41 properties were sold in the past 12 months in Lauderdale.

Suburb Insights for Lauderdale 7021

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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.