OFF MARKET

5/25 Penna Road
Midway Point TAS 7171

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Last updated 16 Dec 2024
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Property Details for 5/25 Penna Rd, Midway Point

5/25 Penna Rd, Midway Point is a 2 bedroom, 2 bathroom House with 1 parking spaces.

Building Type
House
Local Government
Sorell

Last Listing description (July 2015)

RETIREMENT FOR MANY IS THE START OF A NEW PHASE OF ACTIVITY, WITH OPPORTUNITIES FOR NEW LEISURE PURSUITS, NEW FRIENDSHIPS AND A NEW LIFESTYLE. MANY INDIVIDUALS CELEBRATE THE FRESH HORIZONS THAT RETIREMENT BRINGS BY RELOCATING TO COMMUNITIES OF SIMILAR AGED PEOPLE WITH WHOM THEY CAN DEVELOP AND ENJOY COMMON INTERESTS.PENNA MEWS OFFERS JUST THE RIGHT BLEND OF SECURE LIVING, WITH ALL UNITS HAVING STATE OF THE ART COLOUR MONITORS AND INTERCOM SYSTEMS ACCESSIBLE FROM THE MAIN ENTRANCE, ASSURING YOUR OWN PEACE OF MIND AND WITH THE ADDED OPTION OF BROADBAND WIRING TO YOUR UNIT. ENJOY SOCIALISING OR ENTERTAINING YOUR GUESTS IN YOUR OWN UNIQUELY STYLED UNIT.THE WARM VILLAGE AMBIANCE OF PENNA MEWS LETS YOU UNWIND AND LIVE LIFE AT YOUR OWN PACE. IT ALSO OFFERS PUBLIC TRANSPORT AT YOUR DOORSTEP AND THE CONVENIENCE OF BEING ONLY 5 MINUTES TO THE THRIVING SORELL TOWNSHIP WHERE ALL YOUR NEEDS ARE CATERED FOR, INCLUDING SUPERMARKETS AND SHOPPING PLAZAS, RESTAURANTS, LIBRARY AND MEDICAL SERVICES, ALONG WITH THE MANY AND VARIED SPORTING FACILITIES THAT THE SORELL MUNICIPALITY OFFERS INCLUDING BOWLS AND TENNIS CLUBS AND LEADING TASMANIAN GOLFING VENUES. THESE SUPERBLY DESIGNED CRAFTSMANSHIP BUILT 2 OR 3 BEDROOM VILLAS WITH OPEN PLAN LIVING FEATURE QUALITY FITTINGS AND FIXTURES THROUGHOUT AND ENJOY THEIR OWN ENTERTAINING COURTYARDS OR TIMBER DECK. ALL VILLAS HAVE NEAR LEVEL ACCESS AND COME WITH AN INTERNAL SECURE GARAGE. PENNA MEWS IS COMPLIMENTED WITH LANDSCAPED GARDENS AND A CENTRAL WATER FEATURE. IF YOU'RE A KEEN SHOPPER OR LIKE THE OCCASIONAL MOVIE, EASTLANDS SHOPPING CENTRE AND CINEMA COMPLEX ARE JUST 15 MINUTES AWAY. 5 UNITS AVAILABLE, RANGING IN SIZE AND PRICED FROM OFFERS OVER $290,000.

Property History for 5/25 Penna Rd, Midway Point, TAS 7171

A timeline of how this property has performed in the market
  • 26 Apr 2014
    Listed for Sale OFFERS OVER $320,000
  • 13 Mar 2011
    Listed for Sale OFFERS OVER $320,000

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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.