OFF MARKET

1/1 Fairway Crescent
Shearwater TAS 7307

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 171m2
Land area: 171m2
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Last updated 11 Nov 2024
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Property Details for 1/1 Fairway Cres, Shearwater

1/1 Fairway Cres, Shearwater is a 3 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a land size of 171m2 and floor size of 171m2.

Building Type
Unit
Floor Size
171m2
Land Size
171m2
Local Government
Latrobe

Last Listing description (February 2021)

A stylish refurbishment of this spacious unit in the heart of Shearwater offers a unique opportunity for the astute purchaser. A modern concept of warehouse living, the apartment is one of 5 on the upper level of an inconic building in Shearwater village. Whether you are looking for an investment or for a low maintenance home, this bright, light and neat apartment is sure to impress. 2 separate living areas with a brand new central kitchen, 3 large bedrooms, 2 bathrooms, separate laundry and a dining area. The east facing balcony is ideal for a morning coffee and the location of the apartment is central to the shopping area, beach and golf course. Both bathrooms have been refurbished, new flooring of vinyl planks and rich carpets, freshly painted, new light fittings and blinds.This is a strata title property, with one allocated parking bay, overlooks the park area of Sheawater Village and is perfect for a first investment or those with a busy lifestyle. Currently tenanted till 3/3/2021 @ $350 per week

Property History for 1/1 Fairway Cres, Shearwater, TAS 7307

A timeline of how this property has performed in the market
Listed for Rent
$350/w
17 Aug 2020
  • 17 Aug 2020
    Listed for Rent $350 / week
  • 08 Jul 2020
    Listed for Sale $265,000-$275,000
  • 13 Jun 2013
    Listed for Rent - Price not available
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About Shearwater 7307

The size of Shearwater is approximately 3.6 square kilometres. It has 8 parks covering nearly 30.5% of total area. The population of Shearwater in 2011 was 1,481 people. By 2016 the population was 1,743 showing a population growth of 17.7% in the area during that time. The predominant age group in Shearwater is 60-69 years. Households in Shearwater are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Shearwater work in a professional occupation. In 2011, 70.9% of the homes in Shearwater were owner-occupied compared with 68.8% in 2016.

Shearwater has 1,406 properties. Over the last 5 years, Houses in Shearwater have seen a 71.79% increase in median value, while Units have seen a 82.18% increase. As at 31 October 2024:

  • The median value for Houses in Shearwater is $685,853 while the median value for Units is $496,691.
  • Houses have a median rent of $490 while Units have a median rent of $390.
There are currently 10 properties listed for sale, and 1 property listed for rent in Shearwater on OnTheHouse. According to CoreLogic's data, 57 properties were sold in the past 12 months in Shearwater.

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