24 Churinga Waters DriveOld Beach TAS 7017
Property Details for 24 Churinga Waters Dr, Old Beach
24 Churinga Waters Dr, Old Beach is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 2019. The property has a land size of 1422m2 and floor size of 184m2. While the property is not currently for sale or for rent, it was last sold in October 2017.
Last Listing description (October 2017)
Churinga Waters Drive at Old Beach has fast turned itself into arguably one of the most upmarket water front locations on the eastern shore. The quality of nearby housing in terms of modern architectural design and size couple together to provide a millionaire's lifestyle on a budget.
What I am offering today is a huge relatively flat 1,422sqm block of land that fronts onto a cleared waterfront reserve with unparalleled views over the Derwent River. This development site is unique in the sense that only a few vacant blocks of land remain in Churinga Waters Drive and none can compare with the street and water frontage appeal this property provides.
At the end of the day land values generally appreciate over time and properties with some form of scarcity (i.e. waterfront, zoning, etc) usually outperform. In my lifetime I don't think I have ever heard anyone complain about an oversized near waterfront block of land they bought several years ago.
Property History for 24 Churinga Waters Dr, Old Beach, TAS 7017
- 16 Oct 2017Sold for $265,000
- 28 Feb 2014Listed for Sale Offers Over $259,000
- 02 Feb 2012Listed for Sale 269500
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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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