OFF MARKET

56 Bay Road
Midway Point TAS 7171

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 113m2
Land area: 708m2
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Property Details for 56 Bay Rd, Midway Point

56 Bay Rd, Midway Point is a 3 bedroom, 1 bathroom House and was built in 1964. The property has a land size of 708m2 and floor size of 113m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
House
Year Built
1964
Floor Size
113m2
Land Size
708m2
Local Government
Sorell
Lot/Plan
72/60338

Last Listing description (September 2023)

This three (or four) bedroom home is located in a quiet street and set in an elevated position to take in the all day sun.

Desirably located near the Esplanade within 20 minutes to the city and 5 minutes to Sorell sits this fantastic home, now ready for a new tenant to move straight in!

PROPERTY FEATURES:
- Three spacious bedrooms.
- Living room with electric heating and wood heating.
- Polished floorboards.
- Light and bright kitchen with great storage and bench space.
- Bathroom comprises a shower over bath and vanity.
- Separate toilet and laundry.
- Balcony with water views.
- Large fenced yard.

ABOUT THE AREA:
- Highly sought after location.
- Moments to fantastic parks and schools.
- Within close proximity of Coffee Shops, Restaurants, Supermarkets, Retail, Health and Community Services and more.

TERMS OF TENANCY:
Rent: $470 per week
Available: 22nd September 2023
Lease Length: 12 month lease preferred
Pet Policy: Pets are considered on application
Inspection: Please enquire for inspection times
Apply: Online realestate.com

Property History for 56 Bay Rd, Midway Point, TAS 7171

A timeline of how this property has performed in the market
Last Sold
$506,000
09 Dec 2021
Listed for Rent
$470/w
29 Sep 2023
  • 08 Sep 2023
    Listed for Rent $470 / week
  • 31 Aug 2022
    Listed for Rent $460 / week
  • 09 Dec 2021
    Sold for $506,000
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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 50.29% increase in median value, while Units have seen a 49.87% increase. As at 31 December 2024:

  • The median value for Houses in Midway Point is $632,774 while the median value for Units is $473,418.
  • Houses have a median rent of $550 while Units have a median rent of $455.
There are currently 12 properties listed for sale, and 2 properties listed for rent in Midway point on OnTheHouse. According to CoreLogic's data, 66 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.