OFF MARKET

166 Main Street
Sheffield TAS 7306

Bedrooms: 4
Bathrooms: 1
Car spaces: 1
Floor area: 121m2
Land area: 1134m2
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Property Details for 166 Main St, Sheffield

166 Main St, Sheffield is a 4 bedroom, 1 bathroom House with 1 parking spaces and was built in 1953. The property has a land size of 1134m2 and floor size of 121m2. While the property is not currently for sale or for rent, it was last sold in February 2019.

Building Type
House
Year Built
1953
Floor Size
121m2
Land Size
1134m2
Local Government
Kentish
Lot/Plan
1/156740

Last Listing description (March 2019)

What a perfect opportunity to begin or add to a secure investment portfolio. This 4 bedroom weatherboard home circa 1953 has not only had the same reliable tenants for almost 10 years who wish to continue to stay on long term (they have recently signed a 24 month extension and would like one day to be able to purchase for themselves), it has the advantage of being set on a generous 1134 square metres which makes it suitable for development (STCA) of units should an owner wish to do so in the future. Set on a gentle slope with a north facing aspect it is an ideal entry level home investment.
The home under the current owners stewardship has in recent years had numerous upgrades to electrical, heating, regular maintenance including of weatherboards and painting, and the kitchen upgraded (July 2017). The back porch ceiling is being painted and porch entertainment area being re-roofed in readiness for market. The bathroom has separate bath and shower with walk through to a separate toilet. The laundry is a traditional annexe room at the side of the patio and courtyard.
The property also boasts a fully self contained 'Park Home' Cabin 8 metres by 3.3 metres currently used by the tenants as a granny flat as part of their tenancy (not to be sublet). The property is securely fenced, has a single garage and off road parking for at least three cars. Less than a kilometer from schools and services and the town centre of Sheffield this is a property that is ideally located, and represents a secure investment for the future.

Property History for 166 Main St, Sheffield, TAS 7306

A timeline of how this property has performed in the market
Last Sold
$265,000
08 Feb 2019
  • 08 Feb 2019
    Sold for $265,000
  • 10 Dec 2018
    Listed for Sale $280,000

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About Sheffield 7306

The size of Sheffield is approximately 60.9 square kilometres. It has 5 parks covering nearly 11.1% of total area. The population of Sheffield in 2011 was 1,538 people. By 2016 the population was 1,566 showing a population growth of 1.8% in the area during that time. The predominant age group in Sheffield is 60-69 years. Households in Sheffield are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Sheffield work in a managers occupation. In 2011, 72.1% of the homes in Sheffield were owner-occupied compared with 71.6% in 2016.

Sheffield has 907 properties. Over the last 5 years, Houses in Sheffield have seen a 71.82% increase in median value, while Units have seen a 55.95% increase. As at 31 August 2024:

  • The median value for Houses in Sheffield is $463,124 while the median value for Units is $330,499.
  • Houses have a median rent of $398.
There are currently 10 properties listed for sale, and no properties listed for rent in Sheffield on OnTheHouse. According to CoreLogic's data, 38 properties were sold in the past 12 months in Sheffield.

Suburb Insights for Sheffield 7306

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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.