OFF MARKET

28 Latrobe Road
Railton TAS 7305

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 175m2
Land area: 4214m2
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Property Details for 28 Latrobe Rd, Railton

Building Type
Land
Year Built
1966
Floor Size
175m2
Land Size
4214m2
Local Government
Kentish
Lot/Plan
1/225039

Last Listing description (October 2023)

A fantastic opportunity is on offer here for those who are looking at a development site.

The neat house has had quite a bit of work done, including updates to the kitchen & bathroom. Consisting of 3 bedrooms with built-ins, the home also features 2 separate living areas including the lounge & rumpus rooms.

For heating and cooling, there are two wood heaters, one in the lounge & one in the dining area, plus a heat pump. Colorbond exterior cladding keeps the maintenance down, and there are aluminium windows throughout too.

The massive block is approx. 4,214m2 and the current owners have approved plans for 4 x 3-bedroom, 2-bathroom standalone villas all with double garages making this an outstanding development opportunity, whilst still keeping the existing house at the front.

The property also has a large zincalume shed which would have to be either relocated or demolished to make way for the development.

Currently tenanted for $400.00 per week with a lease agreement in place until May 2024. We will require a minimum of 48 hours' notice for inspections.

Please call the listing agent Leigh Jordan for more information and a private viewing!

One Agency Collins has systems and procedures in place to verify the accuracy of the information provided, however, clients should rely on their own enquires.

Property History for 28 Latrobe Rd, Railton, TAS 7305

A timeline of how this property has performed in the market
Last Sold
$402,000
12 Aug 2021
Listed for Rent
$390/w
25 Nov 2021
  • 16 Aug 2023
    Listed for Sale $549,000 - $569,000
  • 10 Nov 2021
    Listed for Rent - Price not available
  • 12 Aug 2021
    Sold for $402,000
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About Railton 7305

The size of Railton is approximately 70.9 square kilometres. It has 5 parks covering nearly 30.2% of total area. The population of Railton in 2011 was 1,230 people. By 2016 the population was 1,010 showing a population decline of 17.9% in the area during that time. The predominant age group in Railton is 50-59 years. Households in Railton are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Railton work in a labourer occupation. In 2011, 80.7% of the homes in Railton were owner-occupied compared with 79.7% in 2016.

Railton has 595 properties. Over the last 5 years, Houses in Railton have seen a 93.27% increase in median value. As at 31 August 2024:

  • The median value for Houses in Railton is $416,345 while the median value for Units is $407,930.
  • Houses have a median rent of $385.
There are currently 5 properties listed for sale, and no properties listed for rent in Railton on OnTheHouse. According to CoreLogic's data, 14 properties were sold in the past 12 months in Railton.

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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.