3 Coobar RoadRisdon Vale TAS 7016
Property Details for 3 Coobar Rd, Risdon Vale
3 Coobar Rd, Risdon Vale is a 5 bedroom, 2 bathroom House and was built in 1961. The property has a land size of 660m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 5 bedroom House sold in Risdon Vale in the last 12 months.
Last Listing description (May 2024)
If your family is suffering from growing pains and needs more space to expand, this 5-bedroom, 2-bathroom and 2 living room home may well be the perfect property for you.
This solid brick home, originally built in 1961 and benefitting from a more recent extension, is ideal for a large family, high yield rental, or savvy house flipper. The house features a light filled lounge at the front with an adjoining kitchen/dining space, all adorned with a lovely, renovated timber floor. A central hallway provides access to the original 3 bedrooms and family bathroom, as well as a separate toilet. From here, the homes extension provides a second lounge or rumpus, which provides access to a further 2 bedrooms, one of which has a WIR and ensuite. This part of the house would be perfectly suited as a parents retreat or expansive visitor accommodation.
The home is serviced by 2 x quality reverse cycle heat pumps, made even more efficient by a 5kw solar power system.
A timber deck at the rear provides access to the secure back yard, which is very well suited for pets or kids to play. There is ample storage underneath the home as well as a garden shed, and the front yard is also fully fenced with a shaded, grassed area and terraced garden bed.
Investors will also be impressed by the combination of high yield potential (5%+) and capital growth (+168% growth in past 10 years).
Risdon Vale is an emerging suburb on the eastern shore of the River Derwent, and adjacent to Risdon Cove, which was the site of the British colonisation of Van Diemen's Land. The suburb is located a convenient 15-minute commute into the city, whilst suburban shopping precincts in Lindisfarne and Rosny are very close by.
? Open plan living, kitchen and dining
? Master bedroom with WIR and ensuite
? 5kw solar power system
? Fully secured, flat yard, perfect for kids and pets
? Strong capital growth combined with high yield potential
? 15 minutes into the city and 5 minutes from Lindisfarne Village
Council Rates: $1,400 (Approx p.a.)
Water Rates: $1,000 (Approx p.a.)
* Core Logic Risdon Vale statistics Jan 2024
Disclaimer: Every effort has been made to ensure the accuracy of the information contained here in. While there is no reason to doubt it's accuracy, guarantee can not be assured. The content is intended as advice and such as can not be taken as absolute fact. Accordingly all interested parties should make their own enquiries to verify this information.
Property History for 3 Coobar Rd, Risdon Vale, TAS 7016
- 04 Apr 2024Sold for $485,000
- 22 Jan 2024Listed for Sale Not Disclosed
- 29 Oct 2019Sold for $342,000
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0About Risdon Vale 7016
The size of Risdon Vale is approximately 14.5 square kilometres. It has 14 parks covering nearly 12.9% of total area. The population of Risdon Vale in 2011 was 2,679 people. By 2016 the population was 2,865 showing a population growth of 6.9% in the area during that time. The predominant age group in Risdon Vale is 30-39 years. Households in Risdon Vale are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Risdon Vale work in a labourer occupation. In 2011, 65.7% of the homes in Risdon Vale were owner-occupied compared with 64% in 2016.
Risdon Vale has 1,374 properties. Over the last 5 years, Houses in Risdon Vale have seen a 68.78% increase in median value, while Units have seen a 44.21% increase. As at 30 November 2024:
- The median value for Houses in Risdon Vale is $467,890 while the median value for Units is $475,689.
- Houses have a median rent of $460.
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