OFF MARKET

8 Sweetwater Road
Midway Point TAS 7171

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 117m2
Land area: 540m2
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Property Details for 8 Sweetwater Rd, Midway Point

8 Sweetwater Rd, Midway Point is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2020. The property has a land size of 540m2 and floor size of 117m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
House
Year Built
2020
Floor Size
117m2
Land Size
540m2
Local Government
Sorell
Lot/Plan
4/175484

Last Listing description (July 2023)

Located in a sought after, new homes area in Midway Point, this 2020 built brick home is the perfect abode for families chasing a relaxed seaside lifestyle within 20 minutes of the Hobart CBD, and only 5 minutes from Sorell. With the recent Tasman Highway upgrades driving commute times down, this location now allows you more time to relax, pop the kayak into Pitt Water, catch a fish off McGees bridge, walk the kids down to the park, or swing a club at one of many nearby golf courses.

The home welcomes you into a wonderfully spacious open plan living, dining and kitchen, an enclave that will quickly become the epicentre of your fabulous new home. Smart stone benchtops and subway tiles highlight a sleek, modern kitchen, compete with reticulated island bench, quality Italian appliances, and gas cooktops.

A generous master bedroom features a walk-in robe and lustrous ensuite, complete with shower, toilet, and stone vanity benchtop. The remaining two bedrooms are also carpeted, and feature built in wardrobes.

Both the master bathroom and laundry complete the classic black and white theme, the latter conveniently located close to the backdoor. The home features quality floorings, blinds, lockable double-glazed windows, and fly screens throughout.

The level and secure back yard is large enough for kids and pets, with room also for a firepit, trampoline or to further develop the existing raised garden beds.

An automatic double garage provides safe and secure parking, whilst also allowing direct access into the home, most important on those wet and cold Hobart winter days.

Investors, take note of the enticing combination of high yield (approx. 4.5%) and capital growth (+69% past 5 years*) potential. In a tightening rental market, this property presents as an easy "set and forget" addition to your investment portfolio.

This address is situated within walking distance to the Midway Store, Sweetwater Park and McGees Bridge, whilst being very handy to the Tasmania Golf course, Hobart Airport and Cambridge Park. With all the schools and facilities you need at nearby Sorell, magnificent Midway is now calling for your inspection.

2020 build with several luxury upgrades
Sleek modern kitchen featuring stone benchtops and reticulated island bench
Generous master bedroom with walk in robe and ensuite
Automatic double carport providing internal access
Flat, secure yard perfect for children and pets
High yield and capital growth potential*

Please register your interest quickly as this property will be very popular.

Council Rates $1,600.00 (approx p.a.)
Water Rates $1,000.00 (approx p.a.)

* REIT Midway Point houses median sale price 2018 - 2022 (as at Feb 23)

Disclaimer: Every effort has been made to ensure the accuracy of the information contained here in. While there is no reason to doubt it's accuracy, guarantee can not be assured. The content is intended as advice and such as can not be taken as absolute fact. Accordingly all interested parties should make their own enquiries to verify this information.

Property History for 8 Sweetwater Rd, Midway Point, TAS 7171

A timeline of how this property has performed in the market
Last Sold
$687,000
22 May 2023
  • 22 May 2023
    Sold for $687,000
  • 27 Mar 2023
    Listed for Sale $650,000 - $690,000
  • 10 Jan 2020
    Sold for $476,500
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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.

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.