OFF MARKET

59 Penna Road
Midway Point TAS 7171

Bedrooms: 2
Bathrooms: 3
Car spaces: 1
Floor area: 144m2
Land area: 556m2
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Property Details for 59 Penna Rd, Midway Point

59 Penna Rd, Midway Point is a 2 bedroom, 3 bathroom House with 1 parking spaces and was built in 1979. The property has a land size of 556m2 and floor size of 144m2. While the property is not currently for sale or for rent, it was last sold in July 2019.

Building Type
House
Year Built
1979
Floor Size
144m2
Land Size
556m2
Local Government
Sorell
Lot/Plan
18/84365

Last Listing description (August 2019)

Well positioned in popular Midway Point with ever-changing views across Pittwater Lagoon through to Mount Wellington, this solid & versatile three bedroom home with unique character, will appeal to first home buyers, families or investors alike. Offering a galley-style kitchen with views, spacious living area and light-filled dining room, opening on to a large wooden patio, this property is sure to impress on inspection!
Great location with views over Pittwater to Mount Wellington
Open plan living spaces with both wood and electric heating

Large entertaining deck enjoying sun & views
Recently updated kitchen with dishwasher & plenty of storage
Renovated main bathroom with shower & separate bath
Three generous sized bedrooms
Parents or teenagers retreat, or artists studio, at rear with en-suite & separate side
access
Fully fenced outdoor area, ideal for kids and pets.
Easy maintenance garden with herbs & fruit trees
Close to local shop, parks, golf courses & transport
Just 5 mins to Sorell & 25 mins to Hobart CBD
Midway Point is fast becoming a desired location with first home buyers, families and retirees alike. This home has good proximity to Sorell with all its shops, services and schools. The area offers great water & mountain views from most locations and access to several waterside walking tracks. Conveniently located 5 minutes from Hobart Airport and 10 minutes to the popular Seven Mile Beach, Midway Point is close to golf courses, the scenic Coal River Valley and Richmond, with Hobart just a 25 minute drive away and public transport easily accessible.

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Property History for 59 Penna Rd, Midway Point, TAS 7171

A timeline of how this property has performed in the market
Last Sold
$410,000
26 Jul 2019
Listed for Rent
$390/w
31 May 2019
  • 26 Jul 2019
    Sold for $410,000
  • 03 Jul 2019
    Listed for Sale $385,000 - $425,000
  • 22 Mar 2019
    Listed for Rent $390 / 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 1,744 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.

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