OFF MARKET

1/2 Reece Court
Lutana TAS 7009

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 81m2
Land area: 257m2
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Property Details for 1/2 Reece Ct, Lutana

1/2 Reece Ct, Lutana is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 257m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in January 2022.

Building Type
Unit
Year Built
1990
Floor Size
81m2
Land Size
257m2
Local Government
Glenorchy
Lot/Plan
1/56358

Last Listing description (February 2022)

We are pleased to be able to offer this beautifully presented brick and tile roof open plan villa with a fenced private yard which offers a great opportunity for the first home buyer looking to break into the Hobart city fringe market, the retiree looking to downsize or the astute investor chasing yield and capital growth.

The entrance opens into the comfortable living area which is decorated in a neutral colour scheme there are fabulous water views from the living area. There are two generous bedrooms both with built in wardrobes, family bathroom with separate shower and bath and laundry with external access.

Lutana is fast becoming the most sought after suburb of Hobart situated just a few minutes north of the CBD.

Key Features:
Quiet location with bonus water views
2 spacious bedrooms both with built in robes
Private and secure, low maintenance yard
Off street park and approx. 6km to CBD
Separate bath and shower
Separate laundry with storage
Separate toilet
Underfloor storage
Close to public transport

Get to know Lutana
Lutana is a lovely suburb close to the city center, the Northgate Shopping center and the bridge. You have either mountain or water views almost anywhere in Lutana. Buses connect you to the rest of Hobart and shopping. Schools are nearby within easy and safe walk for kids.

With interest rates at an all-time low and over $15 billion worth of infrastructure projects in the pipeline over the next decade in Tasmania, Hobart remains a solid city to be investing in, with the central suburbs surpassing the $1m barrier. For the seventh quarter in a row, Tasmania has taken the mantle of the best-performing economy in the nation. Demand is currently high with stock levels extremely low and we encourage you to get in quick on this opportunity.

Year Built: 1990
Construction: Brick Veneer
Heating: Electric
Council Rates: Approx. $1,400 p/a
Water Charges: Approx. $1,000 p/a
Rental Estimate: Approx. $390 - $440 per week.

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Property History for 1/2 Reece Ct, Lutana, TAS 7009

A timeline of how this property has performed in the market
Last Sold
$532,250
29 Jan 2022
Listed for Rent
$250/w
29 Aug 2012
  • 29 Jan 2022
    Sold for $532,250
  • 24 Jan 2022
    Listed for Sale $465,000 - $515,000
  • 04 Sep 2014
    Sold for $233,250
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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 4 properties listed for rent in Lutana on OnTheHouse. According to CoreLogic's data, 46 properties were sold in the past 12 months in Lutana.

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