SOLD
Sold on 29 Jun 2024 for $325,000

7/413-415 Elizabeth Street
North Hobart TAS 7000

Bedrooms: -
Bathrooms: 1
Car spaces: -
Floor area: 35m2
Land area: 35m2
Sold By
Petrusma Property - Sandy Bay
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Property Details for 7/413-415 Elizabeth St, North Hobart

7/413-415 Elizabeth St, North Hobart is a 0 bedroom, 1 bathroom Unit and was built in 1962. The property has a land size of 35m2 and floor size of 35m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 0 bedroom Unit sold in North Hobart in the last 12 months.

Building Type
Unit
Year Built
1962
Floor Size
35m2
Land Size
35m2
Local Government
Hobart
Lot/Plan
7/57572

Last Listing description (November 2024)

Discover an unbeatable opportunity in the heart of North Hobart with this ultra-affordable studio apartment. Perfectly positioned on Elizabeth Street, this compact and cozy residence offers the ideal entry point for savvy investors or those seeking to downsize without compromising on location. Built in 1962, the property exudes a retro charm while providing modern comforts such as air conditioning and secure parking.

North Hobart is renowned for its lively atmosphere and cultural vibrancy, making it a sought-after suburb for all ages. The area boasts a rich selection of cafes, restaurants, and entertainment options, ensuring you'll never run out of things to do. Additionally, its proximity to Hobart's CBD means you're just a short commute from everything the city has to offer. Whether you're looking to enjoy a night out or a quiet afternoon at a nearby park, North Hobart caters to all lifestyles.

? Perfect First Home

? Finance options available
? Suitable for Short stay accommodation (STCA)
? Secure building
? Freshly repainted
? Furniture comes with the purchase
? Parking space at rear
? On bus route

Built: 1962
Construction: Brick
Heating: Heat Pump
Council Rates: Approx. $1,300 pa
Water Rates: Approx. $768 + usage
Strata Fees: Approx. $1,100 pa

Property History for 7/413-415 Elizabeth St, North Hobart, TAS 7000

A timeline of how this property has performed in the market
Last Sold
$325,000
29 Jun 2024
  • 11 Nov 2024
    Listed for Sale Offers over $335,000
  • 29 Jun 2024
    Sold for $325,000
  • 13 May 2024
    Listed for Sale Not Disclosed
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About North Hobart 7000

The size of North Hobart is approximately 1 square kilometres. It has 3 parks covering nearly 5.6% of total area. The population of North Hobart in 2011 was 2,653 people. By 2016 the population was 2,511 showing a population decline of 5.4% in the area during that time. The predominant age group in North Hobart is 20-29 years. Households in North Hobart are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in North Hobart work in a professional occupation. In 2011, 45.1% of the homes in North Hobart were owner-occupied compared with 41.8% in 2016.

North Hobart has 1,586 properties. Over the last 5 years, Houses in North Hobart have seen a 29.51% increase in median value, while Units have seen a 44.44% increase. As at 31 October 2024:

  • The median value for Houses in North Hobart is $921,678 while the median value for Units is $748,376.
  • Houses have a median rent of $565 while Units have a median rent of $498.
There are currently 8 properties listed for sale, and 4 properties listed for rent in North hobart on OnTheHouse. According to CoreLogic's data, 61 properties were sold in the past 12 months in North hobart.

Suburb Insights for North Hobart 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.