27 Culgoa StreetMornington TAS 7018
Property Details for 27 Culgoa St, Mornington
27 Culgoa St, Mornington is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 620m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in April 2022.
Last Listing description (May 2022)
This tidy weatherboard home is sure to be popular with first home buyers, downsizers and investors alike. Ideally located in highly sought after Mornington, only 10mins to Hobart CBD and featuring three generous bedrooms, a tidy kitchen and dining area, all day sun and an ideal position close to Eastlands, be quick to avoid missing out!
There is certainly plenty of value with this opportunity considering building and land costs, with some analysts forecasting Hobart growth out to 20%+ to end of 2023.
- Popular investment location
- Functional bathroom with shower over bath and separate toilet
- Plenty of off street parking, room for boat, caravan, trailer
- Large fenced yard, ideal for kids & pets + garden shed
- Close to bus stop and walking distance to Eastlands
Mornington has become a highly sought after area for both home buyers and investors alike. This home is situated within minutes of Eastlands Shopping Centre and all the surrounding shops, schools and services of Rosny Park. Hobart CBD is a 10 minute drive away, and the wineries of the Coal River Valley and popular Seven Mile Beach are located only ten minutes in the other direction.
With interest rates at an all-time low and over $15 billion worth of infrastructure projects in the pipeline over the next decade in Tasmania, Hobart remains a solid city to be investing in, with the central suburbs surpassing the $1m barrier. For the seventh quarter in a row, Tasmania has taken the mantle of the best-performing economy in the nation. Demand is currently high with stock levels extremely low and we encourage you to get in quick on this opportunity.
Year built: 1970
Construction type: Weatherboard
Heating type: Electric + Wood Heater
Council Rates: Approx. $1,400 p/a
Rental Estimate: Approx. $430 - $460 pw
* The vendor reserves the right to accept offers prior to the advertised open home times.
* The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information.
Property History for 27 Culgoa St, Mornington, TAS 7018
- 23 Apr 2022Sold for $530,000
- 07 Mar 2022Listed for Sale Offers Over $475,000
- 07 Oct 2003Sold for $100,000
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0About Mornington 7018
The size of Mornington is approximately 4.2 square kilometres. It has 5 parks covering nearly 17.3% of total area. The population of Mornington in 2011 was 2,185 people. By 2016 the population was 2,244 showing a population growth of 2.7% in the area during that time. The predominant age group in Mornington is 20-29 years. Households in Mornington are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mornington work in a trades occupation. In 2011, 67.1% of the homes in Mornington were owner-occupied compared with 64.8% in 2016.
Mornington has 1,212 properties. Over the last 5 years, Houses in Mornington have seen a 46.79% increase in median value, while Units have seen a 56.29% increase. As at 31 October 2024:
- The median value for Houses in Mornington is $559,212 while the median value for Units is $536,956.
- Houses have a median rent of $530 while Units have a median rent of $370.
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