OFF MARKET

31 Midway Point Esplanade
Midway Point TAS 7171

Bedrooms: 2
Bathrooms: 1
Car spaces: 3
Land area: 670m2
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Last updated 16 Dec 2024
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Property Details for 31 Midway Point Esp, Midway Point

31 Midway Point Esp, Midway Point is a 2 bedroom, 1 bathroom House with 3 parking spaces and was built in 1970. The property has a land size of 670m2.

Building Type
House
Year Built
1970
Land Size
670m2
Local Government
Sorell

Last Listing description (November 2020)

These types of properties are always sought but seldom found - a premier elevated position
adjoining a waterfront reserve - offering a spectacular and everchanging vista overlooking
Pittwater-Orielton Lagoon. The Esplanade provides a safe and peaceful location with minimal through traffic.

Midway Point has rapidly risen in popularity with many new subdivisions, predominately due to its proximity to the bustling Sorell township, lovely water views, and easy highway access to Hobart City - plus you are merely minutes from Hobart Airport. The pristine beaches of Seven Mile and Dodges Ferry are easily accessed to ensure summertime enjoyment.

Set on 607m2, the solidly constructed 1976 built residence presently offers light filled, open
plan living space with renovated and well appointed kitchen, impeccably completed updated bathroom, with accommodation comprising two bedrooms, the main with built in wardrobing and access to enclosed courtyard. Single garage and workshop underneath.

The potential here for renovation and extension is immense - the location is one that wont be found again in a hurry at this most reasonable price level.

Presently leased until May 2021 at $335 per week, with some possible potential for tenants to vacate prior.

An outstanding opportunity.

Property History for 31 Midway Point Esp, Midway Point, TAS 7171

A timeline of how this property has performed in the market
  • 16 Oct 2020
    Listed for Sale $425,000+ price range

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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.

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.