OFF MARKET

8 Mortimer Avenue
Mount Stuart TAS 7000

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Floor area: 162m2
Land area: 1148m2
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Property Details for 8 Mortimer Ave, Mount Stuart

8 Mortimer Ave, Mount Stuart is a 3 bedroom, 2 bathroom House with 3 parking spaces and was built in 1920. The property has a land size of 1148m2 and floor size of 162m2. While the property is not currently for sale or for rent, it was last sold in June 2022.

Building Type
House
Year Built
1920
Floor Size
162m2
Land Size
1148m2
Local Government
Hobart
Lot/Plan
10/72775

Last Listing description (September 2022)

Originally constructed in the 1920's, this original red double brick, north east facing residence is situated on an extensive 1152m2 allotment at the bottom of Mt Stuart. Featuring 3 bedrooms, 2 bathrooms, multiple living areas, two inviting sunrooms, and a separately accessed self-contained area downstairs, this property provides an endless array of opportunities for the new owner.

Easy walking to the North Hobart precinct with its restaurants, cafes, cinema, Hill Street Grocer, Friends School and gym, or pleasant half hour walk to the city and waterfront. With off-street parking and nearby local bus corridor, the location is ideal base to explore what Hobart has to offer. The property is on a quiet street, with near level access to the house. There are no overlooking neighbours so sit back, enjoy the quiet and relax with fantastic north easterly sunshine and views over New Town and the Domain.

The layout of the 1152m2 over two tiers provides opportunity for the investor to subdivide or add multiple dwellings (STCA) or keep the extensive land piece as is with its established lawns, garden beds, fruit trees and outside storage.

With structural foundation issues present, the property has assessments for correction, or the possibility of demolition, whatever the purchaser seeks of the property.

Opportunities of this size, potential and in this exclusive area are rare, so take advantage of the time frame to auction to be ready to bid to secure your dream investment.

Property History for 8 Mortimer Ave, Mount Stuart, TAS 7000

A timeline of how this property has performed in the market
Last Sold
$1,410,000
04 Jun 2022
  • 04 Jun 2022
    Sold for $1,410,000
  • 13 May 2022
    Listed for Sale Sale by auction onsite 4 June at 11am
  • 07 Feb 1992
    Sold for $160,000

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About Mount Stuart 7000

The size of Mount Stuart is approximately 1.1 square kilometres. It has 3 parks covering nearly 11.5% of total area. The population of Mount Stuart in 2011 was 2,277 people. By 2016 the population was 2,378 showing a population growth of 4.4% in the area during that time. The predominant age group in Mount Stuart is 50-59 years. Households in Mount Stuart are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mount Stuart work in a professional occupation. In 2011, 74.6% of the homes in Mount Stuart were owner-occupied compared with 73.2% in 2016.

Mount Stuart has 1,117 properties. Over the last 5 years, Houses in Mount Stuart have seen a 26.63% increase in median value, while Units have seen a 23.87% increase. As at 30 November 2024:

  • The median value for Houses in Mount Stuart is $843,344 while the median value for Units is $507,453.
  • Houses have a median rent of $570 while Units have a median rent of $428.
There are currently 2 properties listed for sale, and 5 properties listed for rent in Mount stuart on OnTheHouse. According to CoreLogic's data, 34 properties were sold in the past 12 months in Mount stuart.

Suburb Insights for Mount Stuart 7000

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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.