SOLD
Sold on 29 Mar 2024 for $915,000

51 Riawena Road
Montagu Bay TAS 7018

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Floor area: 149m2
Land area: 962m2
Sold By
McGrath Launceston
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Property Details for 51 Riawena Rd, Montagu Bay

51 Riawena Rd, Montagu Bay is a 4 bedroom, 1 bathroom House with 2 parking spaces and was built in 1925. The property has a land size of 962m2 and floor size of 149m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 4 bedroom House sold in Montagu Bay in the last 12 months.

Building Type
House
Year Built
1925
Floor Size
149m2
Land Size
962m2
Local Government
Clarence
Lot/Plan
15/67379

Last Listing description (September 2024)

Walking through the front door you will instantly fall in love with the character timber features that are found throughout this home. A perfect example of the hand-crafted workmanship of a bygone era.

- Open plan kitchen and dining overlook the Derwent River & Mount Wellington
- In excellent condition, the kitchen features natural timbers and original servery

- Alfresco area is a blank canvas for the next owners to create a fabulous space
- Master bedroom features original wallpaper which is immaculate condition
- Fabulous high ceilings and are generously sized bedrooms throughout
- Updated bathroom features gorgeous dual basin, shower and bathtub
- Garage underneath provides great scope for additional living
- Fully enclosed backyard is ideal for the children to create memories in
- A family friendly suburb with ample activities in a close proximity
- 10 minutes to the Hobart CBD and 5 mins drive to Eastlands Shopping Complex, public transport and schools at your doorstep.

Property History for 51 Riawena Rd, Montagu Bay, TAS 7018

A timeline of how this property has performed in the market
Last Sold
$915,000
29 Mar 2024
Listed for Rent
$590/w
27 May 2024
  • 09 May 2024
    Listed for Rent $590 / week
  • 29 Mar 2024
    Sold for $915,000
  • 15 Mar 2024
    Listed for Sale Not Disclosed
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About Montagu Bay 7018

The size of Montagu Bay is approximately 0.5 square kilometres. It has 4 parks covering nearly 9.1% of total area. The population of Montagu Bay in 2011 was 660 people. By 2016 the population was 637 showing a population decline of 3.5% in the area during that time. The predominant age group in Montagu Bay is 50-59 years. Households in Montagu Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Montagu Bay work in a professional occupation. In 2011, 67.6% of the homes in Montagu Bay were owner-occupied compared with 64.1% in 2016.

Montagu Bay has 349 properties. Over the last 5 years, Houses in Montagu Bay have seen a 43.63% increase in median value, while Units have seen a 33.28% increase. As at 31 October 2024:

  • The median value for Houses in Montagu Bay is $753,546 while the median value for Units is $543,502.
  • Houses have a median rent of $595.
There are currently no properties listed for sale, and no properties listed for rent in Montagu bay on OnTheHouse. According to CoreLogic's data, 13 properties were sold in the past 12 months in Montagu bay.

Suburb Insights for Montagu Bay 7018

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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.