OFF MARKET

15 Boundary Street
Midway Point TAS 7171

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 121m2
Land area: 693m2
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Property Details for 15 Boundary St, Midway Point

15 Boundary St, Midway Point is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1969. The property has a land size of 693m2 and floor size of 121m2. While the property is not currently for sale or for rent, it was last sold in March 2020.

Building Type
House
Year Built
1969
Floor Size
121m2
Land Size
693m2
Local Government
Sorell
Lot/Plan
23/55333

Last Listing description (May 2020)

This is an opportunity to enter the climbing Hobart property market with an asset that provides flexible accommodation, a generously sized 693sqm land allotment and scope to continue to value ad either immediately or in the future.

Southern Tasmanian is experiencing its most prolific period in History with capital growth continuing to remain positive. The suburb of Midway Point is one of the market leaders having a 12.5% increase from last year and 26.9% increase from 2 years prior. The median property price for the suburb is currently $440,000.

This stepping stone into the market for a first home owner, investor or families of various ages is a safe one and with the security of a growing suburb and close proximity to all amenities such as shops, medical facilities and premier schooling the property will within its location will always be held in high demand.

A recent makeover of the kitchen and bathroom from the current owner has the property well and truly livable. 3 bedrooms are spacious and generous in size and under house storage provides practicality.

This is an opportunity to secure something that will be a fantastic long term investment whether you choose to lease or owner occupy and will hold a would be purchaser in a good position moving forward.

We anticipate strong interest in this property and welcome your call to discuss in finer detail or arrange an inspection.

All statistical information we believe to be current and sourced from the REIT.

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Property History for 15 Boundary St, Midway Point, TAS 7171

A timeline of how this property has performed in the market
Last Sold
$395,000
16 Mar 2020
Listed for Rent
$280/w
30 Sep 2016
  • 16 Mar 2020
    Sold for $395,000
  • 11 Mar 2020
    Listed for Sale High $300,000s
  • 08 Sep 2016
    Listed for Rent - Price not available
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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 1,744 properties. Over the last 5 years, Houses in Midway Point have seen a 51.46% increase in median value, while Units have seen a 57.72% increase. As at 30 November 2024:

  • The median value for Houses in Midway Point is $621,208 while the median value for Units is $489,944.
  • Houses have a median rent of $545 while Units have a median rent of $460.
There are currently 12 properties listed for sale, and 1 property listed for rent in Midway point on OnTheHouse. According to CoreLogic's data, 67 properties were sold in the past 12 months in Midway point.

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