OFF MARKET

4 Magnolia Road
Risdon Vale TAS 7016

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 98m2
Land area: 587m2
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Property Details for 4 Magnolia Rd, Risdon Vale

4 Magnolia Rd, Risdon Vale is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1963. The property has a land size of 587m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in March 2021.

Building Type
House
Year Built
1963
Floor Size
98m2
Land Size
587m2
Local Government
Clarence
Lot/Plan
5/55537

Last Listing description (April 2021)

This neat and tidy, three bedroom brick home is exactly what youve been looking for.

Set on a decent sized block of 595sqm (approx), this property presents the opportunity to create your own little paradise. The property has been well maintained, with a nice open feel and plenty of natural light. Two of the bedroom are fitted with built-in robes.

Brilliantly positioned with views over Mount Wellington the yard is fully fenced, with plenty of room for the children to play and enough room at the rear to entertain.

There is a good-sized lock up garage or workshop and a large, lockable area under the house.

Set in a convenient location, you are a short drive to Eastlands Shopping Centre and the amenities of the Eastern Shore, public transport is close by and you are only a 20 minute drive to Hobart city centre (approx.).

This is a brilliant opportunity to enter the housing market or a great addition to your investment portfolio. The property is currently tenanted until August 2021 at $330 per week.

Now selling or by Set Sale closing Tuesday 23rd March 2021 at 4pm

* This is a Buyer's Guide

Disclaimer: Information contained in this listing has been furnished to us from a number of sources including Tasmanian State Government Departments, Local Councils and the Vendor. We have not verified whether or not that information is accurate and do not have any belief one way or the other in its accuracy. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. All interested parties should make and rely upon their own inquiries in order to determine whether or not this information is, in fact, accurate.

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Property History for 4 Magnolia Rd, Risdon Vale, TAS 7016

A timeline of how this property has performed in the market
Last Sold
$340,000
24 Mar 2021
Listed for Rent
$330/w
13 Feb 2020
  • 24 Mar 2021
    Sold for $340,000
  • 11 Mar 2021
    Listed for Sale $290,000 - $350,000*
  • 29 Jan 2020
    Listed for Rent $330 / week
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About 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 1,364 properties. Over the last 5 years, Houses in Risdon Vale have seen a 69.44% increase in median value, while Units have seen a 44.32% increase. As at 31 October 2024:

  • The median value for Houses in Risdon Vale is $459,802 while the median value for Units is $457,784.
  • Houses have a median rent of $460.
There are currently 7 properties listed for sale, and 3 properties listed for rent in Risdon vale on OnTheHouse. According to CoreLogic's data, 49 properties were sold in the past 12 months in Risdon vale.

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