OFF MARKET

55 Balook Street
Lauderdale TAS 7021

Bedrooms: 2
Bathrooms: 1
Car spaces: 8
Floor area: 78m2
Land area: 665m2
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Property Details for 55 Balook St, Lauderdale

55 Balook St, Lauderdale is a 2 bedroom, 1 bathroom House with 8 parking spaces and was built in 1956. The property has a land size of 665m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in April 2015.

Building Type
House
Year Built
1956
Floor Size
78m2
Land Size
665m2
Local Government
Clarence
Lot/Plan
53/13725

Last Listing description (June 2015)

Opposite Roches Beach on Fredrick Henry Bay and with direct access to beach and water views this position is sure to impress.
The cottage is set at the back of the 670m2 land parcel in an elevated position.
A single car garage and workshop is behind the cottage and access to this is via council land from Bangalee Street which contains the Metro Bus Services.

Off the house there is a full length sun deck and this area is great for sheltered, sunny, outdoor entertaining. At the front of the cottage, a sun deck offers water views as does the lounge and master bedroom.
The lounge has polished Oak floorboards and heating is provided by a reverse cycle air conditioner. Split level in design, the next level is the family dining area and kitchen which opens to the rear deck. Off to one side is another double bedroom and to the other a separate toilet, laundry and bathroom.
Built originally in 1956 the cottage has been renovated inside and out and is in reasonable to good condition throughout.
Fully fenced for pets, the large land area in front of the cottage offers space for further development and currently loads of parking.
The astute investor will see what is for sale. A beautifully positioned block of land in a fast developing seaside suburb that pays mostly for itself by the rental of the existing cottage.
15 minutes to Hobart or the airport, this popular suburb will become like Torquay is to Melbourne. Currently in Lauderdale services include the Foreshore Tavern, Eating on The Edge Restaurant , R.U.N.V.S Hair Salon, cafes, shops, bakery, post office, newsagency and bank agencies, large doctor surgery, chemist, mechanics and hardware, garden centre, florist, gym and more.
Recently, Woolworths purchased an acreage near our Fall Real Estate office so what will follow then when they start construction? It will be exciting.
Lauderdale is a lovely level town with a safe swimming beach and a beautiful canal reserve ideal for kayaks and dinghies and miniature yacht racing. State primary school and kindergarten and child care facilities, sports clubs and other community services.
All around are Tangara Trails, launching ramps, golf courses, RSL Tavern, surf club and beaches. So much to do and see, join and enjoy.
Its a fantastic area, so good I've called it 'Paradise Peninsula' for years.
So check out 55 Balook Street, it's a great little investment in this fast growing town.

Property History for 55 Balook St, Lauderdale, TAS 7021

A timeline of how this property has performed in the market
Last Sold
$304,500
29 Apr 2015
  • 29 Apr 2015
    Sold for $304,500
  • 13 Mar 2015
    Listed for Sale Expressions of Interest over $310,000
  • 04 Nov 2011
    Listed for Sale OFFERS OVER $300,000
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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 6 properties listed for sale, and 2 properties listed for rent in Lauderdale on OnTheHouse. According to CoreLogic's data, 42 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.