OFF MARKET

55 Kerria Road
Risdon Vale TAS 7016

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 147m2
Land area: 696m2
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Last updated 11 Nov 2024
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Property Details for 55 Kerria Rd, Risdon Vale

55 Kerria Rd, Risdon Vale is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 696m2 and floor size of 147m2. While the property is not currently for sale or for rent, it was last sold in December 2022.

Building Type
House
Year Built
1960
Floor Size
147m2
Land Size
696m2
Local Government
Clarence
Lot/Plan
30/59669

Last Listing description (February 2023)

55 Kerria Road is situated on an approx 696 sqm block with approx 145 sqm of floor space. With great imagination this four bedroom property has been transformed into two seperate conjoining villas containing 2 bedrooms and 1 bathroom each, with separate back yards.

All the bedrooms are ample size with one of the villas (55B) having built in robes in both bedrooms. Both villas are serviced by neatly renovated bathrooms and have ample open living space.
The low maintenance rear yards are fully fenced and flat, perfect for children and pets alike to play and and one yard has a sizable lockable garden shed which provides perfect storage.

Providing a great opportunity for the first home buyer to enter the market and able to receive income from one property rental whilst living next door or investors looking to add to their current portfolio, the property has potential to earn an annual gross rental yield of approximately 7%.

With a secure tenancy in place until the end of May 2023 in one of the villas and with developments close by progressing, the convenience of the shopping precinct close by and Eastlands and Northgate within a short drive this one will be snapped up by first home buyers or savvy investors wanting a low maintenance investment.

Ideal first home or investment property
Low maintenance fully fenced level block.
Both Villas contain heat pumps
Close to local schools and shops
Potential 7% plus gross annual rental yield
Already earning income
Rental Appraisal from $395-$420 each p/w
Year Built 1960
Construction - weatherboard, iron roof
Annual Council Rates - $1400 approximately
Annual Taswater Rates - $1000 approximately

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Property History for 55 Kerria Rd, Risdon Vale, TAS 7016

A timeline of how this property has performed in the market
Last Sold
$560,000
23 Dec 2022
  • 23 Dec 2022
    Sold for $560,000
  • 14 Dec 2022
    Listed for Sale Buyers Range $530,000 - $590,000
  • 23 Feb 2021
    Sold for $442,000
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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 1,368 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 6 properties listed for sale, and 1 property listed for rent in Risdon vale on OnTheHouse. According to CoreLogic's data, 55 properties were sold in the past 12 months in Risdon vale.

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