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Sold on 03 Apr 2024 for $338,000

28 Verdun Street
Mowbray TAS 7248

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 100m2
Land area: 691m2
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Property Details for 28 Verdun St, Mowbray

28 Verdun St, Mowbray is a 3 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 691m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom House sold in Mowbray in the last 12 months.

Building Type
House
Floor Size
100m2
Land Size
691m2
Local Government
Launceston
Lot/Plan
30/55655

Last Listing description (April 2024)

Located at 28 Verdun St in Mowbray, this property stands out as an exceptional opportunity within the thriving Northern Tasmania growth corridor. With three bedrooms and a well-maintained bathroom, this residence offers comfortable living arrangements.

One of the property's key features is the ample garage space, providing flexibility for storage or potential adaptation to include an additional room. This potential to adjust the floor plan allows for customization and expansion, catering to various lifestyle needs or investment prospects.

Moreover, the property boasts significant development potential at the rear, subject to council approval. This presents a rare chance for further expansion or modification, adding significant value and diversifying the property's usage.

Strategically situated between the University of Tasmania relocation site and the Australian Maritime College, this property is in an ideal location for those connected to these educational institutions. Its positioning within this growth corridor accentuates its desirability for prospective tenants or buyers seeking proximity to these prominent centers.

The scarcity of such opportunities within this rapidly developing area makes 28 Verdun St an exceptional prospect for both residency and investment. Its existing features, potential for adjustments to the floor plan, and the opportunity for development (STCA) underscore its promise and versatility in meeting various needs and aspirations.

*We have in preparing this listing used our best endeavours to ensure the information is true & accurate. Prospective purchasers are advised to carry out their own investigations.

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Property History for 28 Verdun St, Mowbray, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$338,000
03 Apr 2024
  • 03 Apr 2024
    Sold for $338,000
  • 03 Dec 2023
    Listed for Sale Offers Over $365,000
  • 20 Aug 2015
    Sold for $162,000
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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 1,896 properties. Over the last 5 years, Houses in Mowbray have seen a 64.64% increase in median value, while Units have seen a 70.13% increase. As at 31 August 2024:

  • The median value for Houses in Mowbray is $433,603 while the median value for Units is $365,266.
  • Houses have a median rent of $440 while Units have a median rent of $393.
There are currently 22 properties listed for sale, and 4 properties listed for rent in Mowbray on OnTheHouse. According to CoreLogic's data, 83 properties were sold in the past 12 months in Mowbray.

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Kyle Barrett
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Parry Real Estate Pty Ltd - PROSPECT
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