SOLD
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Sold on 21 Aug 2024 for $450,000

10 Conway Street
Mowbray TAS 7248

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 98m2
Land area: 851m2
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Property Details for 10 Conway St, Mowbray

10 Conway St, Mowbray is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1910. The property has a land size of 851m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom House sold in Mowbray in the last 12 months.

Building Type
House
Year Built
1910
Floor Size
98m2
Land Size
851m2
Local Government
Launceston
Lot/Plan
2/131041

Last Listing description (September 2024)

Welcome to 10 Conway St, Mowbray, an enticing opportunity nestled strategically between Launceston CBD and the bustling Mowbray shopping precinct. This versatile property boasts commercial zoning, presenting future potential amidst its current residential functionality.

This charming home features three bedrooms and one bathroom, complemented by a well-appointed kitchen and built-in wardrobes in each bedroom. The layout is ideal for both investment purposes and as a potential family residence, offering a blend of practicality and comfort.

Sitting on a generous 851m2 parcel of land, the property offers ample space for potential development (subject to council approval). The presence of a garage enhances convenience, providing secure parking or additional storage options.

Strategically positioned, 10 Conway St enjoys proximity to essential amenities, with the Launceston CBD just a short drive away. Meanwhile, residents can easily access the vibrant Mowbray shopping precinct, ensuring convenience for everyday needs and leisure activities.

The commercial zoning of the property opens up a myriad of possibilities for the future. Investors and developers may explore options for commercial ventures, taking advantage of the strategic location and the ample land available.

Currently utilized as an investment property, 10 Conway St offers immediate rental income potential. Alternatively, the property could be transformed into a comfortable family home, benefiting from its spacious layout and convenient location.

*Disclaimer - We have endeavoured to ensure the information provided in this listing is accurate. Prospective purchasers are advised to carry out their own investigations.

Property History for 10 Conway St, Mowbray, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$450,000
21 Aug 2024
Listed for Rent
$450/w
01 May 2023
  • 21 Aug 2024
    Sold for $450,000
  • 08 Jul 2024
    Listed for Sale Offers Over $449,000
  • 20 Apr 2023
    Listed for Rent $450 / week
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About Mowbray 7248

The size of Mowbray is approximately 9.4 square kilometres. It has 12 parks covering nearly 15.5% of total area. The population of Mowbray in 2011 was 3,751 people. By 2016 the population was 3,747 showing a population decline of 0.1% in the area during that time. The predominant age group in Mowbray is 20-29 years. Households in Mowbray are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mowbray work in a labourer occupation. In 2011, 51.6% of the homes in Mowbray were owner-occupied compared with 47.9% in 2016.

Mowbray has 1,881 properties. Over the last 5 years, Houses in Mowbray have seen a 56.76% increase in median value, while Units have seen a 60.35% increase. As at 31 October 2024:

  • The median value for Houses in Mowbray is $428,503 while the median value for Units is $350,006.
  • Houses have a median rent of $445 while Units have a median rent of $400.
There are currently 24 properties listed for sale, and 4 properties listed for rent in Mowbray on OnTheHouse. According to CoreLogic's data, 90 properties were sold in the past 12 months in Mowbray.

Suburb Insights for Mowbray 7248

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Parry Real Estate Pty Ltd - PROSPECT
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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.