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Sold on 17 Apr 2024 for $235,000

21 Wattle Place
Rosebery TAS 7470

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 101m2
Land area: 886m2
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Property Details for 21 Wattle Pl, Rosebery

21 Wattle Pl, Rosebery is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 886m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom House sold in Rosebery in the last 12 months.

Building Type
House
Floor Size
101m2
Land Size
886m2
Local Government
West Coast
Lot/Plan
2/57218

Last Listing description (April 2024)

Discover an unparalleled investment opportunity where steady rental income meets future development potential.

This dual offering presents a long-term rental property boasting an impressive 8% yield, combined with a separate titled block of land.

Prime Location: Set in the heart of Rosebery, this long-term rental property benefits from being within close proximity to MMG Mine, schools, park and IGA supermarket making it a sought-after choice for tenants seeking convenience and quality living.

Turnkey Living: The fully furnished interiors and furnishings ensure a seamless transition for tenants, attracting responsible, long-term occupants. The property is designed for comfort and functionality, with a three bedroom, one bathroom layout.

Rental Yield: Investors will appreciate the outstanding 8% rental yield, offering a substantial return on investment. This high yield reflects the property's popularity in the rental market and its potential for consistent, long-term cash flow.

Separate Titled Block: In addition to the rental property, this offering includes an exclusive, separate titled block of land, providing a blank canvas for future development or expansion.

The rental property is current leased until 30/01/25 at $350 per week.

"Roberts Real Estate have obtained all information in this document from sources considered to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate."

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Property History for 21 Wattle Pl, Rosebery, TAS 7470

A timeline of how this property has performed in the market
Last Sold
$235,000
17 Apr 2024
Listed for Rent
$150/w
12 Jan 2010
  • 08 May 2017
    Listed for Sale $99,950
  • 22 May 2009
    Listed for Rent - Price not available
  • 04 Jul 2007
    Sold for $90,000
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About Rosebery 7470

The size of Rosebery is approximately 107.6 square kilometres. It has 11 parks covering nearly 99.4% of total area. The population of Rosebery in 2011 was 922 people. By 2016 the population was 709 showing a population decline of 23.1% in the area during that time. The predominant age group in Rosebery is 50-59 years. Households in Rosebery are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Rosebery work in a machinery operators and drivers occupation. In 2011, 61.7% of the homes in Rosebery were owner-occupied compared with 59.9% in 2016.

Rosebery has 752 properties. Over the last 5 years, Houses in Rosebery have seen a 93.09% increase in median value, while Units have seen a 182.42% increase. As at 30 September 2024:

  • The median value for Houses in Rosebery is $175,194 while the median value for Units is $203,795.
  • Houses have a median rent of $200 while Units have a median rent of $110.
There are currently 19 properties listed for sale, and 2 properties listed for rent in Rosebery on OnTheHouse. According to CoreLogic's data, 26 properties were sold in the past 12 months in Rosebery.

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Jake Hedrick
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Roberts Real Estate Burnie
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