OFF MARKET

1/109 Risdon Road
Lutana TAS 7009

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 93m2
Land area: 134m2
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Property Details for 1/109 Risdon Rd, Lutana

1/109 Risdon Rd, Lutana is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 134m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in November 2018.

Building Type
Unit
Year Built
1970
Floor Size
93m2
Land Size
134m2
Local Government
Glenorchy
Lot/Plan
1/56646

Last Listing description (October 2024)

Introducing a charming waterside unit at 1/109 Risdon Road, Lutana. This delightful 2-bedroom property is an ideal investment opportunity for first home buyers, downsizers, and investors alike, boasting attractive rental returns and a promising appreciation value.

Built in the 1970s to impeccable standards, the unit features captivating waterside views from the living and kitchen areas, providing a serene and tranquil atmosphere. The property also includes a garage and two parking spaces, catering to the modern need for ample parking.

Situated in an enviable location, this property is within close proximity to local schools, shops, and regular bus routes, making it perfectly suited for families of all ages. As an investment, it promises high rental demand, which is a key characteristic of the area. The unit is currently rented at $410 per week until the end of March 2024 giving flexibility.

The excellent location does not stop there - the Hobart CBD is a mere 7 minutes' drive away, with New Town and Moonah shopping precincts nearby for all your retail therapy needs. To top it all off, the picturesque Cornelian Bay waterfront is just a leisurely stroll away, offering a peaceful escape from the hustle and bustle of city life.

Don't miss this outstanding opportunity to secure a piece of the highly sought-after Lutana lifestyle - enquire today!

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Disclaimer: This information has been carefully compiled and is not intended to be treated as a warranty or promise as to the correctness of the information. Interested parties should undertake independent enquiries and investigations to satisfy themselves that any details herein are true and correct. The author makes no claim as to the accuracy of the information within and does not intend it to be legally binding. All other responsibilities disclaimed.

Information contained herein on specific properties has been provided by the vendor, by the authorities, or by third party providers. It is subject to the final contract and interested parties must make their own separate enquiries to verify and ensure accuracy of the information herein.

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Property History for 1/109 Risdon Rd, Lutana, TAS 7009

A timeline of how this property has performed in the market
Last Sold
$315,000
05 Nov 2018
Listed for Rent
$290/w
17 Mar 2017
  • 01 Jul 2024
    Listed for Sale $435,000+
  • 20 Mar 2024
    Listed for Rent $425 / week
  • 21 Nov 2023
    Listed for Sale $435,000+
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About Lutana 7009

The size of Lutana is approximately 2.1 square kilometres. It has 4 parks covering nearly 9.3% of total area. The population of Lutana in 2011 was 2,384 people. By 2016 the population was 2,365 showing a population decline of 0.8% in the area during that time. The predominant age group in Lutana is 30-39 years. Households in Lutana are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Lutana work in a professional occupation. In 2011, 64.9% of the homes in Lutana were owner-occupied compared with 62.6% in 2016.

Lutana has 1,240 properties. Over the last 5 years, Houses in Lutana have seen a 38.39% increase in median value, while Units have seen a 43.19% increase. As at 31 October 2024:

  • The median value for Houses in Lutana is $564,138 while the median value for Units is $459,098.
  • Houses have a median rent of $525 while Units have a median rent of $425.
There are currently 7 properties listed for sale, and 2 properties listed for rent in Lutana on OnTheHouse. According to CoreLogic's data, 42 properties were sold in the past 12 months in Lutana.

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© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

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