OFF MARKET

8 Coobar Road
Risdon Vale TAS 7016

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 100m2
Land area: 574m2
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Property Details for 8 Coobar Rd, Risdon Vale

8 Coobar Rd, Risdon Vale is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1961. The property has a land size of 574m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in August 2012.

Building Type
House
Year Built
1961
Floor Size
100m2
Land Size
574m2
Local Government
Clarence
Lot/Plan
4/54820

Last Listing description (July 2012)

Great Rental Yield Potential
* Potential gross return of approx 7%
* Rental appraisal approx. $230 weekly

* Three bedroom, one bathroom home, good renovator
* Level yard, ample off street parking
* Affordable investment or first home
Fantastic opportunity for the investor to renovate or rent as is with a potential to recognize approximate 7% gross return. Nestled in a quiet street this three bedroom brick home is waiting for someone to recognize it's potential. The floorboards throughout just need polishing to bring them back to life. Located in a sunny position, level yard is complete with a good sized shed and plenty of off street parking available. This is your opportunity to add to your portfolio now!
* If you are looking to purchase around this range we recommend an inspection. This is not the selling price but a Buyer Inquiry Range.

Property History for 8 Coobar Rd, Risdon Vale, TAS 7016

A timeline of how this property has performed in the market
Last Sold
$185,000
20 Aug 2012
  • 20 Aug 2012
    Sold for $185,000
  • 09 Jun 2011
    Listed for Sale Not Disclosed
  • 08 Feb 2011
    Sold for $7,800

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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 1,367 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, 56 properties were sold in the past 12 months in Risdon vale.

Suburb Insights for Risdon Vale 7016

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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.