SOLD
Sold on 27 Jul 2024 for $550,000

94 Ashbolt Crescent
Lutana TAS 7009

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 89m2
Land area: 579m2
Sold By
Petrusma Property - Sandy Bay
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Property Details for 94 Ashbolt Cres, Lutana

94 Ashbolt Cres, Lutana is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1954. The property has a land size of 579m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom House sold in Lutana in the last 12 months.

Building Type
House
Year Built
1954
Floor Size
89m2
Land Size
579m2
Local Government
Glenorchy
Lot/Plan
4/72614

Last Listing description (August 2024)

This charming character cottage sits in a quiet part of Lutana and sits opposite the peaceful Newtown Bay Golf course and sits on a flat parcel of land. With views over the greens to the water, close to Newtown shops, North Hobart and the Moonah cafe and retail precinct, this property offers a brilliant lifestyle and is only few minutes' drive into Hobart city - just 5km away. Fast NBN internet with full fibre to the premises (FTTP) available and capable of accessing speeds close to 1Gbps.

This level access charming cottage has been maintained over the years and has 2 spacious bedrooms (king beds fit in each bedroom) with amazing views over the golf course plus the bonus of a utility area that offers a multitude of uses as well as plenty of off street parking. The home boasts Tas oak hard wood floorboards in great condition, a master bedroom featuring a walk in wardrobe and a spacious kitchen and dining room with a warm cosy heater. More recently the window furnishings have been renewed, the kitchen has been painted and the exterior of the home was painted in September 2023.

Nearby is Cornelian bay with lots of walking and biking trails making this little gem ideal for first home buyers ($0 stamp duty), downsizers (stamp duty concessions may be available) and investors seeking long term growth with significant infrastructure projects committed too including the Macquarie Point multi-purpose stadium.

Heating: Wood heating
Water Rates: Approx. $1,000 pa + usage
Council Rates: Approx: $1,700 pa

Get to know Lutana
With a median price of $623,300 (Jul 23-June 24) and just 5km from the bustling Hobart CBD and 2.5km from New Town Plaza, Lutana is a convenient and peaceful location with lovely waterside parks and easy access to the Cornelian Bay walking tracks. Close to the trendy cafe precincts of North Hobart and Moonah without being a thoroughfare suburb, Lutana is becoming a growth hot spot with easy access to public transport & schools.

About Hobart:
With over $28 billion worth of infrastructure projects in the pipeline over the next decade in Tasmania, plus many other high value projects committed too including the Macquarie Point approx. $1b multi-purpose roofed stadium likely to be the highest value Tasmanian infrastructure project in history to date. The Hobart International airport terminal (currently seeing around 1.8m passengers per annum and this is forecast to almost double into the near furite) will also double in size and will feature a $130m runway upgrade allowing for international flights of larger aircraft including the 787 Dreamliner and Airbus A350. Hobart certainly remains a solid city to be investing in.

Tasmania is known for its pro-environmental stance, and in 2020 achieved 100% renewable energy status thanks to a combination of hydroelectricity, wind, and solar energy sources.

The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information. The vendor reserves the right to accept offers prior to the advertised open home times.

Property History for 94 Ashbolt Cres, Lutana, TAS 7009

A timeline of how this property has performed in the market
Last Sold
$550,000
27 Jul 2024
Listed for Rent
$355/w
08 Sep 2017
  • 27 Jul 2024
    Sold for $550,000
  • 23 Jul 2024
    Listed for Sale $535,000 - $565,000
  • 22 Jul 2022
    Listed for Sale Offers Over $550,000
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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 41.42% increase in median value, while Units have seen a 40.54% increase. As at 30 September 2024:

  • The median value for Houses in Lutana is $566,586 while the median value for Units is $458,815.
  • Houses have a median rent of $523 while Units have a median rent of $428.
There are currently 8 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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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.