1/12 Riviera DriveOld Beach TAS 7017
Property Details for 1/12 Riviera Dr, Old Beach
1/12 Riviera Dr, Old Beach is a 3 bedroom, 2 bathroom Unit with 4 parking spaces and was built in 2010. The property has a land size of 783m2 and floor size of 135m2. While the property is not currently for sale or for rent, it was last sold in September 2016.
Last Listing description (November 2016)
Don't be fooled by the size of this home, one of two on the block situated on a large flat 783sqm block in a new homes area, this unique house offers family living and entertainers delight. With internal access through the double car garage you'll be surprised by what is behind the closed doors. Feel the ambience of sitting in front of the gas flamed heater ideal for those cold winter evenings in the open plan kitchen, dining and living area. Privately located away are 3 bedrooms all with built in wardrobes with the main bedroom having deluxe ensuite with private access to the courtyard in the centre of the home. The levelled backyard is big enough to kick a footy, build your own playground or keep it minimal and enjoy a manicured grassed area for entertaining with Mount Wellington as a backdrop.Currently rented at $400 per week this would make a great investment with an approximate yield of 5.96%
Property History for 1/12 Riviera Dr, Old Beach, TAS 7017
- 10 Sep 2016Sold for $340,000
- 03 Jun 2015Listed for Rent $400 / week
- 25 Mar 2015Listed for Sale Offers Over $349,000
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0About Old Beach 7017
The size of Old Beach is approximately 23.5 square kilometres. It has 5 parks covering nearly 3% of total area. The population of Old Beach in 2011 was 3,169 people. By 2016 the population was 3,775 showing a population growth of 19.1% in the area during that time. The predominant age group in Old Beach is 50-59 years. Households in Old Beach are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Old Beach work in a clerical occupation. In 2011, 86.6% of the homes in Old Beach were owner-occupied compared with 84.1% in 2016.
Old Beach has 2,120 properties. Over the last 5 years, Houses in Old Beach have seen a 25.97% increase in median value, while Units have seen a 43.52% increase. As at 31 October 2024:
- The median value for Houses in Old Beach is $619,137 while the median value for Units is $468,590.
- Houses have a median rent of $560 while Units have a median rent of $483.
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