SOLD
Sold on 22 Jul 2024 for $620,000

5 Midway Point Esplanade
Midway Point TAS 7171

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 119m2
Land area: 752m2
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Property Details for 5 Midway Point Esp, Midway Point

5 Midway Point Esp, Midway Point is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1963. The property has a land size of 752m2 and floor size of 119m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom House sold in Midway Point in the last 12 months.

Building Type
House
Year Built
1963
Floor Size
119m2
Land Size
752m2
Local Government
Sorell
Lot/Plan
3/168257

Last Listing description (August 2024)

Waking up to such a breathtaking view every day really is like a dream! This classic coastal home is a vivid picture of comfort and functionality whilst also being the perfect blank canvas for updates.

Upstairs, the three bedrooms and family bathroom offer practicality and comfort, with spacious rooms and ample storage in the form of large built-in robes. The open plan kitchen and dining/living area, along with the separate lounge room, not only provide a sense of openness but also maximise the stunning water views, making every moment spent there truly special.

The downstairs area has unlimited potential, having the possibility of creating a separate living space that could cater to teenagers or extended family members. This flexibility adds a layer of versatility to the home, making it adaptable to various family needs or lifestyle preferences.

The location of the home is incredibly convenient! Being just a short drive to Sorell
and less than 30 minutes from Hobart CBD it offers the best of both worlds: the tranquility of a waterfront view combined with easy access to essential amenities and city life.

For daily errands or leisure activities, having Sorell nearby provides shopping, dining, and community services within easy reach. Meanwhile, the proximity to Hobart Airport is a significant advantage for travellers or those needing quick access to flights and being less than half an hour from Hobart CBD ensures that city attractions, employment opportunities, and cultural activities are all within a reasonable commute.

This blend of serene, waterfront living with practical accessibility to urban centers makes the home not just a picturesque retreat, but also a highly convenient and desirable place to live. It truly is an ideal setting for anyone looking to enjoy both natural beauty and urban convenience in Tasmania.

Property History for 5 Midway Point Esp, Midway Point, TAS 7171

A timeline of how this property has performed in the market
Last Sold
$620,000
22 Jul 2024
Listed for Rent
$450/w
31 May 2021
  • 22 Jul 2024
    Sold for $620,000
  • 09 Jul 2024
    Listed for Sale Offers over $620,000
  • 19 May 2021
    Listed for Rent $450 / week
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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 1,740 properties. Over the last 5 years, Houses in Midway Point have seen a 51.11% increase in median value, while Units have seen a 57.82% increase. As at 31 October 2024:

  • The median value for Houses in Midway Point is $614,737 while the median value for Units is $490,023.
  • Houses have a median rent of $550 while Units have a median rent of $460.
There are currently 11 properties listed for sale, and 1 property listed for rent in Midway point on OnTheHouse. According to CoreLogic's data, 74 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.