12/320a Davey St, South Hobart is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1969. The property has a land size of 55m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in April 2018.
South Hobart has always been one of Hobart's most popular locations and here is a remarkable opportunity to purchase a property that is affordable in this established and ever growing suburb. Situated on Davey Street, South Hobart this unit ticks many of those boxes prospective purchasers so desperately desire whether it be an for the investor or self-occupier.
This easy access unit is located on the upper level of the complex enjoying a stunning view of the River Derwent from its balcony and living room. Comprising of a generous sized double bedroom with built-ins, large bathroom/laundry, new kitchen and a spacious open plan living and dining area this unit is perfect for entertaining and or relaxing. The interior has recently been updated with new carpet throughout which provides the unit with a fresh and inviting feel. There is excellent storage for a unit of this size, both inside and in the covered area under the unit block, and the property also comes with an undercover car park.
The location and proximity to the local South Hobart coffee shops, Sandy Bay shopping precinct, schools, public transport and of course the CBD should not be missed, making it a casual stroll to work or the University. This is a fantastic opportunity that should not be missed for the first home buyer, student, investor and even the retiree to purchase a property in an ever popular suburb.
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:
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