SOLD
Sold on 15 Mar 2024 for $555,000

5 Timber Mill Court
Midway Point TAS 7171

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 94m2
Land area: 469m2
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Property Details for 5 Timber Mill Ct, Midway Point

5 Timber Mill Ct, Midway Point is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 2018. The property has a land size of 469m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom House sold in Midway Point in the last 12 months.

Building Type
House
Year Built
2018
Floor Size
94m2
Land Size
469m2
Local Government
Sorell
Lot/Plan
11/173153

Last Listing description (March 2017)

Offers From $112,000 - $120,000
LOT 11 - 466m2
Become a part of an exciting new land release in Midway Point. Commanding and unobstructed water views from each allotment.

* 13 allotments released in Stage 1
* Ranging in size from 450m2 to 677m2
* Stunning water views across to Sorell
* Elevated position
* Build your dream home here
* Take advantage of the First Home Builder's Grant

Property History for 5 Timber Mill Ct, Midway Point, TAS 7171

A timeline of how this property has performed in the market
Last Sold
$555,000
15 Mar 2024
  • 15 Mar 2024
    Sold for $555,000
  • 20 Mar 2017
    Sold for $119,000
  • 23 Oct 2015
    Listed for Sale $112,000 - $120,000

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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 1,740 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, 73 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.