OFF MARKET

2/7 Rachel Lane
Ranelagh TAS 7109

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 62m2
Land area: 304m2
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Property Details for 2/7 Rachel Lane, Ranelagh

2/7 Rachel Lane, Ranelagh is a 2 bedroom, 1 bathroom Unit and was built in 2013. The property has a land size of 304m2 and floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
Unit
Year Built
2013
Floor Size
62m2
Land Size
304m2
Local Government
Huon Valley

Last Listing description (September 2021)

Located in a convenient part of Ranelagh, this 2-bedroom beauty is certain to impress.
Offering high ceilings, bright spacious rooms and a great outlook. You will want to be quick for this one!

As you enter the contemporary open-plan living area, you will immediately feel right at home.
The kitchen is very well appointed with plenty of cupboards and room for a large fridge.
Both bedrooms are double sized with built-in wardrobes.

There is a sparkling bathroom and separate laundry.

The heat pump (reverse cycle air-conditioning) and high-grade insulation are sure to keep you comfortable all year round.

The property is fully fenced and features a low maintenance yard, a lovely little sun deck as well as off-street parking. Perfect!

If you are ready to invest or simply looking for your first step on the property ladder, then this could be a terrific opportunity for you.

This property is situated on its own title (subject to title release date) & is on the market now.

Tenanted until mid July, with a recent rental appraisal of $330 per week.

Property History for 2/7 Rachel Lane, Ranelagh, TAS 7109

A timeline of how this property has performed in the market
Last Sold
$400,000
25 Jun 2021
Listed for Rent
$265/w
15 Jun 2018
  • 25 Jun 2021
    Sold for $400,000
  • 16 Jun 2021
    Listed for Sale Offers Over $380,000
  • 05 Jun 2018
    Listed for Rent - Price not available
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About Ranelagh 7109

The size of Ranelagh is approximately 32.3 square kilometres. It has 5 parks covering nearly 22.7% of total area. The population of Ranelagh in 2011 was 1,025 people. By 2016 the population was 1,267 showing a population growth of 23.6% in the area during that time. The predominant age group in Ranelagh is 0-9 years. Households in Ranelagh are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Ranelagh work in a trades occupation. In 2011, 82.1% of the homes in Ranelagh were owner-occupied compared with 82.5% in 2016.

Ranelagh has 698 properties. Over the last 5 years, Houses in Ranelagh have seen a 52.60% increase in median value, while Units have seen a 134.75% increase. As at 31 October 2024:

  • The median value for Houses in Ranelagh is $645,649 while the median value for Units is $578,574.
  • Houses have a median rent of $455.
There are currently 9 properties listed for sale, and no properties listed for rent in Ranelagh on OnTheHouse. According to CoreLogic's data, 29 properties were sold in the past 12 months in Ranelagh.

Suburb Insights for Ranelagh 7109

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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.