160 Risdon RoadLutana TAS 7009
Property Details for 160 Risdon Rd, Lutana
160 Risdon Rd, Lutana is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1949. The property has a land size of 857m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in August 2021.
Last Listing description (September 2021)
The opportunity to find and develop existing property is becomingly increasingly rare. This property provides a sizeable parcel of land (857m2) with the original home positioned toward the front of the block. It is not only the potential to develop here but the chance to renovate and add to your portfolio or renovate, subdivide (STCA) profit and sell.
The home is well loved and stands proudly in original condition. The floorplan provides 88m2 accommodation including spacious living, two bedrooms, family bathroom and good-sized kitchen/dining. It allows scope to upgrade, add your own touch over time and further increase value.
This is an opportunity for an array of purchasers, it represents excellent value in today's market. It would be the ideal starter for the first homebuyer, great addition to a portfolio for investors, chance for the developer, or perfect for someone looking for a restoration project.
Capitalise on the booming 7009 market before you miss out. Perfectly positioned with stunning water and mountain views and extreme privacy this home is sure to tick all the boxes. The property captures excellent sun, is framed beautifully by a low maintenance yard despite the size and is minutes to all transport, shopping, services and conveniences.
The story of 160 Risdon Road will continue with the new owners to write a new, fresh and exciting chapter. Do not hesitate to make contact as this opportunity will not last.
Text '160risdon' to 0416 907 822 for additional information
Thinking of Selling?
If you are curious to know the value of your home or are thinking of selling please contact your Number 1 Agent in Australia as awarded by the Real Estate Institute of Australia Nat Downton from Downton Property for your no obligation free market appraisal.
Property History for 160 Risdon Rd, Lutana, TAS 7009
- 25 Aug 2021Sold for $616,250
- 17 Aug 2021Listed for Sale Offers Over $395,000
- 20 Jul 2001Sold for $75,000
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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.
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