1/16 Rachel Cres, Old Beach is a 5 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2009. The property has a land size of 4050m2 and floor size of 170m2. While the property is not currently for sale or for rent, it was last sold in June 2012.
The Dream You Can Afford
A luxurious blend of substance is on offer with this modern family home located in an enviable new homes area. Designed for today's needs with a grand mixture of space and practicality, there are up to five generous bedrooms, enough for a large or growing family to live in comfort. Designed to invite, over two levels, the living space is spread effectively over both floors and flows easily onto a huge outdoor entertaining deck on the lower level, and another two balconies on the upper level. Sweeping views across the valley capture the impressive vista of Mount Wellington to the south, and The Derwent River and valley to the north.
Surround yourself in style in the modern well appointed kitchen which adjoins the open plan dining and living areas. Loads of bench space is available for food preparation, as well as ample storage in cupboards and drawer space. This mixture of elegance coupled with practicality, extends to the three lower level bedrooms which are serviced by a beautifully appointed bathroom along with a separate toilet.
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 2,119 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:
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