OFF MARKET

1 Wellesley Street
South Hobart TAS 7004

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 104m2
Land area: 709m2
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Last updated 11 Nov 2024
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Property Details for 1 Wellesley St, South Hobart

1 Wellesley St, South Hobart is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1991. The property has a land size of 709m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
House
Year Built
1991
Floor Size
104m2
Land Size
709m2
Local Government
Hobart
Lot/Plan
1/45933

Last Listing description (June 2023)

Occupying a commanding position near the top of Davey Street this delightful 3-bedroom home offers spectacular views of the Hobart CBD, the River Derwent and beyond. Enjoying leafy surrounds and a small garden full of a variety of flora, this near level property offers an oasis to all occupants.

The home is a perfect unit alternative for those wishing to downsize, or for those with vision it is an opportunity to put your stamp on the property and take advantage of its location and sweeping views (STCA).

The living areas are sun-drenched and oriented to capture the views through large windows. A small veranda is located adjacent to the entry and has scope for extension (STCA), whilst the northern side of the garden offers a small peaceful sitting area.

There are two good sized bedrooms on the south-eastern side of the property and a third smaller bedroom on the western side which would be perfect as a sitting room in the afternoon if space allows. All bedrooms have built-in robes.

Although compact, the kitchen offers plenty of pantry space and a dishwasher. The bathroom, separate toilet and laundry are functional with outside access available through the laundry or third bedroom (to the carport).

Heating is provided by a reverse-cycle air-conditioner located in the living room with a small panel heater located in the main bedroom.

A practical, yet comfortable home that offers scope for refurbishment and/or development, and stunning views - this is a home that won't let you down!

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Property History for 1 Wellesley St, South Hobart, TAS 7004

A timeline of how this property has performed in the market
Last Sold
$871,000
09 May 2023
  • 09 May 2023
    Sold for $871,000
  • 02 May 2023
    Listed for Sale Offers Over $840,000
  • 21 Dec 2010
    Sold for $503,000
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About South Hobart 7004

The size of South Hobart is approximately 9.2 square kilometres. It has 7 parks covering nearly 9% of total area. The population of South Hobart in 2011 was 5,077 people. By 2016 the population was 5,316 showing a population growth of 4.7% in the area during that time. The predominant age group in South Hobart is 20-29 years. Households in South Hobart are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in South Hobart work in a professional occupation. In 2011, 62.4% of the homes in South Hobart were owner-occupied compared with 63.4% in 2016.

South Hobart has 2,660 properties. Over the last 5 years, Houses in South Hobart have seen a 30.64% increase in median value, while Units have seen a 19.83% increase. As at 31 October 2024:

  • The median value for Houses in South Hobart is $861,087 while the median value for Units is $529,207.
  • Houses have a median rent of $550 while Units have a median rent of $493.
There are currently 10 properties listed for sale, and 1 property listed for rent in South hobart on OnTheHouse. According to CoreLogic's data, 69 properties were sold in the past 12 months in South hobart.

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