OFF MARKET

21 Drummond Crescent
Perth TAS 7300

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 117m2
Land area: 6661m2
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Last updated 11 Nov 2024
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Property Details for 21 Drummond Cres, Perth

21 Drummond Cres, Perth is a 3 bedroom, 1 bathroom House and was built in 1980. The property has a land size of 6661m2 and floor size of 117m2. While the property is not currently for sale or for rent, it was last sold in October 2019.

Building Type
House
Year Built
1980
Floor Size
117m2
Land Size
6661m2
Local Government
Northern Midlands
Lot/Plan
14/62886

Last Listing description (November 2024)

Nestled on a generous 6,650 square meter plot of land, this property presents an exceptional opportunity as an approved development site for 16 units, complemented by an existing three-bedroom home. Located in the 'General Residential' zone, the site boasts approval for a mix of 12 three-bedroom units and 4 two-bedroom units, offering versatility and potential for substantial returns.

The original three-bedroom dwelling adds further value with a current rental appraisal ranging from $400 per week. This existing structure provides immediate income potential or a base for redevelopment, depending on your investment strategy.

Convenience is a key highlight, with essential amenities just moments away. Residents will enjoy easy access to local services such as an IGA, post office, public transport options, and the nearby primary school, ensuring everyday needs are met within a short distance.

Perth, a flourishing suburb, is strategically positioned with a quick 15 minute commute to Launceston CBD and only 10 minutes from the airport, enhancing its appeal for both residents and investors alike seeking accessibility and growth potential.

For those interested in exploring the full scope of this development opportunity, comprehensive development information is available upon request. Don't miss out on this chance to capitalise on a prime location with approved plans ready for implementation.

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Property History for 21 Drummond Cres, Perth, TAS 7300

A timeline of how this property has performed in the market
Last Sold
$390,000
22 Oct 2019
Listed for Rent
$350/w
08 Feb 2022
  • 04 Jul 2024
    Listed for Sale Not Disclosed
  • 22 Oct 2019
    Sold for $390,000
  • 02 Aug 2019
    Listed for Rent $400 / week
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About Perth 7300

The size of Perth is approximately 72.4 square kilometres. It has 7 parks covering nearly 0.9% of total area. The population of Perth in 2011 was 2,566 people. By 2016 the population was 2,953 showing a population growth of 15.1% in the area during that time. The predominant age group in Perth is 50-59 years. Households in Perth are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Perth work in a trades occupation. In 2011, 78.5% of the homes in Perth were owner-occupied compared with 78.4% in 2016.

Perth has 1,893 properties. Over the last 5 years, Houses in Perth have seen a 75.52% increase in median value, while Units have seen a 57.74% increase. As at 31 October 2024:

  • The median value for Houses in Perth is $585,665 while the median value for Units is $404,189.
  • Houses have a median rent of $500 while Units have a median rent of $450.
There are currently 13 properties listed for sale, and 2 properties listed for rent in Perth on OnTheHouse. According to CoreLogic's data, 77 properties were sold in the past 12 months in Perth.

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