OFF MARKET

1/2 First Avenue
Midway Point TAS 7171

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 83m2
Land area: 278m2
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Last updated 11 Nov 2024
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Property Details for 1/2 First Ave, Midway Point

1/2 First Ave, Midway Point is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1994. The property has a land size of 278m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in March 2017.

Building Type
Unit
Year Built
1994
Floor Size
83m2
Land Size
278m2
Local Government
Sorell
Lot/Plan
1/114723

Last Listing description (May 2017)

Built to capture all day sun, this low maintenance, modern 2 bedroom unit is a great opportunity to start your investment portfolio.
Open plan living/dining and kitchen area with the kitchen having ample cupboard space as well as a breakfast bar. The two bedrooms are a good size, have built-ins, and will also get plenty of morning sun. Well appointed bathroom with shower, separate bath and vanity as well as separate toilet and laundry round out the interior.
The backyard is fully fenced, there is a single carport at the side of the property as well as a visitor car space. The property is well situated with public transport close by and the local shops and tavern just down the road. Sorell shopping centre is only 10 minutes away and the CBD of Hobart a little over 15 minutes travel time.

Property History for 1/2 First Ave, Midway Point, TAS 7171

A timeline of how this property has performed in the market
Last Sold
$202,500
23 Mar 2017
Listed for Rent
$260/w
11 Mar 2016
  • 23 Mar 2017
    Sold for $202,500
  • 10 Mar 2017
    Listed for Sale Offers Over $195,000
  • 11 Feb 2016
    Listed for Rent $260 / week
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About Midway Point 7171

The size of Midway Point is approximately 2.1 square kilometres. It has 6 parks covering nearly 19.4% of total area. The population of Midway Point in 2011 was 2,599 people. By 2016 the population was 2,849 showing a population growth of 9.6% in the area during that time. The predominant age group in Midway Point is 30-39 years. Households in Midway Point are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Midway Point work in a clerical occupation. In 2011, 74.7% of the homes in Midway Point were owner-occupied compared with 72.7% in 2016.

Midway Point has 1,740 properties. Over the last 5 years, Houses in Midway Point have seen a 51.11% increase in median value, while Units have seen a 57.82% increase. As at 31 October 2024:

  • The median value for Houses in Midway Point is $614,737 while the median value for Units is $490,023.
  • Houses have a median rent of $550 while Units have a median rent of $460.
There are currently 11 properties listed for sale, and 1 property listed for rent in Midway point on OnTheHouse. According to CoreLogic's data, 74 properties were sold in the past 12 months in Midway point.

Suburb Insights for Midway Point 7171

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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.