OFF MARKET

8 Cannon Court
Shorewell Park TAS 7320

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 105m2
Land area: 608m2
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Property Details for 8 Cannon Ct, Shorewell Park

8 Cannon Ct, Shorewell Park is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1983. The property has a land size of 608m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in February 2018.

Building Type
House
Year Built
1983
Floor Size
105m2
Land Size
608m2
Local Government
Burnie
Lot/Plan
228/9994

Last Listing description (March 2018)

Solid Brick, Safe renovated, Secure Tenanted
Now is the time to buy an investment with confidence. The current owner has put money into making this investment a safe and secure one and utilised the space perfect. Everything has been thought of, right down to the colour palette.
3 bedrooms all with polished floorboards, living room with wood and electric heating, an updated stylish eat in kitchen with great appliances and bench space. The bathroom has also been updated at the same time as the kitchen and go hand in hand.

Why wouldn t you want to buy something where the major expenses have been done? Still it gets better! You say how? Knowing that its currently tenanted means secure income instantly. The property receives $195 per week, which makes 8 Cannon Court a secure purchase. When you do the math how can you say no with something that has a gross return of 7.2%?
The rental market is amazing, and rents are only going up. So, what are you waiting for? Call me today it s time to put pen to paper.

Property History for 8 Cannon Ct, Shorewell Park, TAS 7320

A timeline of how this property has performed in the market
Last Sold
$135,000
26 Feb 2018
Listed for Rent
21 Feb 2017
  • 26 Feb 2018
    Sold for $135,000
  • 25 Aug 2017
    Listed for Sale Best Offers Over $145,000
  • 11 Jan 2017
    Listed for Rent - Price not available
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About Shorewell Park 7320

The size of Shorewell Park is approximately 3.7 square kilometres. It has 2 parks covering nearly 2.3% of total area. The population of Shorewell Park in 2011 was 2,031 people. By 2016 the population was 2,009 showing a population decline of 1.1% in the area during that time. The predominant age group in Shorewell Park is 10-19 years. Households in Shorewell Park are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Shorewell Park work in a labourer occupation. In 2011, 32.8% of the homes in Shorewell Park were owner-occupied compared with 35.5% in 2016.

Shorewell Park has 943 properties. Over the last 5 years, Houses in Shorewell Park have seen a 74.55% increase in median value, while Units have seen a 68.33% increase. As at 31 October 2024:

  • The median value for Houses in Shorewell Park is $389,293 while the median value for Units is $352,836.
  • Houses have a median rent of $355 while Units have a median rent of $355.
There are currently 8 properties listed for sale, and no properties listed for rent in Shorewell park on OnTheHouse. According to CoreLogic's data, 40 properties were sold in the past 12 months in Shorewell park.

Suburb Insights for Shorewell Park 7320

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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.