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Sold on 31 Jul 2024 - Price Unavailable

2 Barrob Street
Old Beach TAS 7017

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 138m2
Land area: 644m2
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Property Details for 2 Barrob St, Old Beach

2 Barrob St, Old Beach is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 644m2 and floor size of 138m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom House sold in Old Beach in the last 12 months.

Building Type
House
Floor Size
138m2
Land Size
644m2
Local Government
Brighton
Lot/Plan
1/165009

Last Listing description (July 2024)

Introducing 2 Barrob Street, Old Beach—an outstanding investment opportunity with a contemporary edge. Built in 2014 and currently tenanted for $550 per week until May 2025, this property promises a reliable income stream and a hassle-free investment.

Key Investment Highlights:

Modern Living: This contemporary family home features 3 bedrooms and 2 bathrooms, including a master with an en suite. The generous floor plan encompasses a spacious open-plan living area with an L-shaped kitchen, perfect for modern lifestyles.

Energy Efficiency: Boasting a 6-star energy rating, this property is equipped with double-glazed windows throughout and a reverse cycle heating and cooling system in the living room, ensuring energy savings and year-round comfort.

Outdoor Appeal: The large entertaining deck, fully fenced yard, and cubby house make this home attractive to families. Additionally, the partially enclosed shed provides extra storage or workspace, enhancing the property's versatility.

Prime Location: Situated just 15 minutes from Glenorchy and 25 minutes from Hobart, 2 Barrob Street offers easy access to essential amenities, schools, and employment hubs, making it a desirable location for tenants.

This property combines modern amenities, a prime location, and a secure rental income, making it an excellent addition to any investment portfolio. Don’t miss the chance to capitalize on this high-yield opportunity.

Property History for 2 Barrob St, Old Beach, TAS 7017

A timeline of how this property has performed in the market
Last Sold
31 Jul 2024
Listed for Rent
$550/w
14 May 2024
  • 31 Jul 2024
    Sold
  • 29 May 2024
    Listed for Sale Offers Over $575,000
  • 26 Apr 2024
    Listed for Rent $550 / week
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About 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 2,119 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:

  • 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.
There are currently 28 properties listed for sale, and 1 property listed for rent in Old beach on OnTheHouse. According to CoreLogic's data, 103 properties were sold in the past 12 months in Old beach.

Suburb Insights for Old Beach 7017

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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.