OFF MARKET

36 Wattle Avenue
Lutana TAS 7009

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 584m2
Land area: 697m2
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Last updated 18 Nov 2024
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Property Details for 36 Wattle Ave, Lutana

36 Wattle Ave, Lutana is a 3 bedroom, 2 bathroom House and was built in 1930. The property has a land size of 697m2 and floor size of 584m2.

Building Type
House
Year Built
1930
Floor Size
584m2
Land Size
697m2
Local Government
Glenorchy
Lot/Plan
31/55403

Last Listing description (June 2024)

The opportunity to find and add value to existing, affordable property is becomingly increasingly rare. This home provides a sizeable parcel of land (697m2) and subject to council approval with the property sitting at the front of the block the potential to build an additional dwelling.

The home has been well loved and stands proudly in an extremely sought-after pocket of Lutana with picturesque mountain views. Accommodation provides living, with room for dining, three bedrooms, upgraded family bathroom, a good-sized kitchen, new flooring and a second bathroom at the rear. 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 or young family, great addition to a portfolio for investors or chance for the developer.

Capitalise on the booming 7009 market before you miss out. Perfectly positioned with stunning mountain views and extreme privacy this home is sure to tick all the boxes. The property captures excellent sun, is framed beautifully by low maintenance gardens and is minutes to all transport, shopping, services and conveniences of Moonah, Hobart, New Town or Glenorchy.

The story of 36 Wattle Avenue 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 and will be well received in the market.

Thinking of Selling?
If you're contemplating selling, don't hesitate to reach out to Nat Downton from Downton Property, honoured as the Number 1 Agent in Australia by the Real Estate Institute of Australia, and Hamish Reeve Australian finalist for "Young Gun Agent " for REB, for a no-obligation free market appraisal.

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Property History for 36 Wattle Ave, Lutana, TAS 7009

A timeline of how this property has performed in the market
  • 25 Nov 2023
    Listed for Sale Offers Over $495,000
  • 15 May 2019
    Listed for Sale Offers over $320,000

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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 1,239 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, 45 properties were sold in the past 12 months in Lutana.

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