OFF MARKET

9 Dewrang Place
Mount Stuart TAS 7000

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Floor area: 111m2
Land area: 839m2
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Property Details for 9 Dewrang Pl, Mount Stuart

9 Dewrang Pl, Mount Stuart is a 3 bedroom, 2 bathroom House with 3 parking spaces and was built in 1961. The property has a land size of 839m2 and floor size of 111m2. While the property is not currently for sale or for rent, it was last sold in February 2022.

Building Type
House
Year Built
1961
Floor Size
111m2
Land Size
839m2
Local Government
Hobart
Lot/Plan
60/54881

Last Listing description (March 2022)

Tucked away in a quiet cul-de-sac enjoying peaceful views across the city this conventional 1960's weatherboard home invites your inspection. Currently divided into two flats it has the potential to develop into a loving family home.

Backing on to Providence Valley Reserve adds to the tranquility of the setting and the privacy of the area. Yet your just 5 minutes drive from either town or the North Hobart culinary strip. Mt Stuart Primary school is just a few hundred metres away and Hill Street grocer down round the corner.

As an investment the numbers stack up. Achieving current rent of $690 per week, the property returns a gross yield of 4.2%. Unit 1's lease expires on 14 February 2022 while unit 2 finishes on 7th April 2022.

The property currently consists of 1 bed flat with a large living area, bedroom, small kitchen and combined laundry/bathroom/ toilet. Unit 2 occupies the full upstairs portion of the home. It is a spacious two bedroom flat with very large living area, kitchen (incorporating laundry) with adjoining dining, bathroom and toilet. The main bedroom could be described as a ballroom in size.

Whilst some work has been done to enable the property to be converted into two flats on the whole only minor renovation has been done to the property. This home is ripe for a makeover and the opportunity for an astute purchaser to make the changes needed could turn this into a loving home.

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Property History for 9 Dewrang Pl, Mount Stuart, TAS 7000

A timeline of how this property has performed in the market
Last Sold
$735,000
22 Feb 2022
  • 22 Feb 2022
    Sold for $735,000
  • 21 Dec 2021
    Listed for Sale Offers Considered in the Mid $700,000's
  • 07 Jan 2001
    Sold for $110,000

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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 1,115 properties. Over the last 5 years, Houses in Mount Stuart have seen a 34.55% increase in median value, while Units have seen a 31.35% increase. As at 31 October 2024:

  • The median value for Houses in Mount Stuart is $888,369 while the median value for Units is $521,807.
  • Houses have a median rent of $550 while Units have a median rent of $420.
There are currently 2 properties listed for sale, and 3 properties listed for rent in Mount stuart on OnTheHouse. According to CoreLogic's data, 33 properties were sold in the past 12 months in Mount stuart.

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