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Sold on 03 Oct 2024 for $495,000

40 Bay Road
Midway Point TAS 7171

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 108m2
Land area: 708m2
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Property Details for 40 Bay Rd, Midway Point

40 Bay Rd, Midway Point is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 708m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom House sold in Midway Point in the last 12 months.

Building Type
House
Floor Size
108m2
Land Size
708m2

Last Listing description (October 2024)

This charming 2/3 bedroom, 1 bathroom house located at 40 Bay Road Midway Point is the perfect opportunity for first home buyers or investors. Situated on a spacious 708 sqm block with water views, this property offers the first home buyers a chance to enter the market.

The house features built-in robes, a workshop, a pellet heater for those cold winter nights, and a large backyard perfect for entertaining guests or building your own self sufficient vegie garden . With a double garage for secure parking and ample storage space, this property has everything you need for comfortable living.

Constructed in 1988, this well-maintained home has a cosy cottage feel with modern amenities. The open plan living area is bright and airy, with plenty of natural light streaming in through the windows. The kitchen is equipped with all the essentials, and the bedrooms are spacious and comfortable.

Don't miss out on this fantastic opportunity to purchase your home in the growing Midway Point area . Contact us today to arrange a viewing and make an offer on this lovely property. Offers Over $525,000 will be considered, so don't delay - this property won't last long!

Property History for 40 Bay Rd, Midway Point, TAS 7171

A timeline of how this property has performed in the market
Last Sold
$495,000
03 Oct 2024
  • 03 Oct 2024
    Sold for $495,000
  • 28 Jun 2024
    Listed for Sale Offers Over $525,000
  • 13 Jul 1987
    Sold for $14,500

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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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Danny Boon
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Debbie Allanby
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Raine & Horne Sorell
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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.