OFF MARKET

31 Bay Road
Midway Point TAS 7171

Bedrooms: 4
Bathrooms: 2
Car spaces: 3
Floor area: 159m2
Land area: 726m2
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Property Details for 31 Bay Rd, Midway Point

31 Bay Rd, Midway Point is a 4 bedroom, 2 bathroom House with 3 parking spaces and was built in 2011. The property has a land size of 726m2 and floor size of 159m2. While the property is not currently for sale or for rent, it was last sold in January 2017.

Building Type
House
Year Built
2011
Floor Size
159m2
Land Size
726m2
Local Government
Sorell
Lot/Plan
1/144697

Last Listing description (March 2017)

Modern open plan living, water views, spacious light filled rooms are only some of the benefits of this delightfully well maintained 2011 brick home. For the astute buyer 'on offer' here is 150 sqm of living area, 30 sqm of garage and 16 sqm of entertainment deck with water views on a level block.
Upon entering this fully fenced property you can see this is a well designed home. The front deck leads into a tiled seperate foyer that gives privacy when answering the door. Contemporary open plan living awaits you in the living/dining area with the modern kitchen offering excellent cupboard storage, island bench plus so much more to passify the serious chef in you.
Four spacious bedrooms are located down the hallway with the master bedroom offering ensuite and walk through area that just needs added shelving to complete an extensive built in robe. The second light and airy bathroom is complete with shower, bath, vanity and toilet.

Off the hallway is a walk through laundry allowing internal access from the single garage with excellent storage space. All of this is situated on a level 726 sqm that has an added concrete area at the back ideal for a BBQ area and entertaining friends. This property has the potential to earn an investor 5% rental yield (approx) as it is currently tenanted with excellent tenants for $360 per week.
Conveniently located close to all popular surf beaches and only 7 minutes drive to Sorell shopping precinct or 10 minutes drive to Hobart International Airport. Certainly a property worthy of your attention and time.
Further benefits:
TV connections and electric off peak panel heating in all bedrooms
*Currently tenanted until January 2017 at $360 per week

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Property History for 31 Bay Rd, Midway Point, TAS 7171

A timeline of how this property has performed in the market
Last Sold
$360,000
30 Jan 2017
Listed for Rent
$360/w
05 Jan 2016
  • 30 Jan 2017
    Sold for $360,000
  • 07 Dec 2016
    Listed for Sale Offers around $360,000
  • 03 Dec 2015
    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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