SOLD
Sold on 03 Jan 2024 for $463,000

51 Penna Road
Midway Point TAS 7171

Bedrooms: 4
Bathrooms: 1
Car spaces: -
Floor area: 115m2
Land area: 550m2
Sold By
Joel Nielsen
EIS Property
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Property Details for 51 Penna Rd, Midway Point

51 Penna Rd, Midway Point is a 4 bedroom, 1 bathroom House and was built in 1975. The property has a land size of 550m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 4 bedroom House sold in Midway Point in the last 12 months.

Building Type
House
Year Built
1975
Floor Size
115m2
Land Size
550m2
Local Government
Sorell
Lot/Plan
3/51718

Last Listing description (September 2024)

Situated in the heart of Midway Point is this charming 1970s brick family home. Featuring a spacious kitchen with generous counter space and storage, a dining area, and a sizable living space, along with four bedrooms ? three of them featuring built-in wardrobes. The bathroom features a separate shower and bathtub, surrounded with gorgeous timber paneling.

The fully fenced yard along with the outdoor entertaining space will be perfect for friends and family in the summer.

Located just minutes away from local shops, public transport and services, and less than a 30 minute drive to CBD of Hobart.

- Beautiful water views
- Close to local shops and HBA Airport
- Fully Fenced Yard
- Outdoor Entertaining Area
- Built in Robes

Please note the following:
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Property History for 51 Penna Rd, Midway Point, TAS 7171

A timeline of how this property has performed in the market
Last Sold
$463,000
03 Jan 2024
Listed for Rent
$410/w
02 Aug 2023
  • 01 Aug 2024
    Listed for Rent $475 / week
  • 03 Jan 2024
    Sold for $463,000
  • 05 Sep 2023
    Listed for Sale Offers over $495,000
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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.