OFF MARKET

60 Riawena Road
Montagu Bay TAS 7018

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 100m2
Land area: 921m2
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Last updated 11 Nov 2024
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Property Details for 60 Riawena Rd, Montagu Bay

60 Riawena Rd, Montagu Bay is a 3 bedroom, 1 bathroom House and was built in 1951. The property has a land size of 921m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in November 1997.

Building Type
House
Year Built
1951
Floor Size
100m2
Land Size
921m2
Local Government
Clarence
Lot/Plan
16/55132

Last Listing description (March 2011)

WHAT A DUMP
Upon first glance at this Circa 1951 three bedroom property the first thing that pops into your mind is this place is a disaster but upon closer inspection you very quickly begin to see that this property simply oozes potential. Set only minutes from Eastlands shopping centre and located in one of the prettiest and most popular parts of Hobart this property presents a sensational opportunity for people looking for that next money making development. The 923m2 block of land that this property is set on is nearly entirely flat and offers great water and mountain views and is absolutely primed for a classy and up market development subject to council approval. With the present owner committed elsewhere this property will sell under the hammer at 11.00am on Saturday the 29th of January 2011.

Property History for 60 Riawena Rd, Montagu Bay, TAS 7018

A timeline of how this property has performed in the market
Last Sold
$65,000
10 Nov 1997
  • 06 Jan 2011
    Listed for Sale Not Disclosed
  • 10 Nov 1997
    Sold for $65,000

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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 1 property listed for rent in Montagu bay on OnTheHouse. According to CoreLogic's data, 12 properties were sold in the past 12 months in Montagu bay.

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