OFF MARKET

2/40 Macfarlane Street
South Hobart TAS 7004

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 90m2
Land area: 145m2
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Last updated 11 Nov 2024
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Property Details for 2/40 Macfarlane St, South Hobart

2/40 Macfarlane St, South Hobart is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1994. The property has a land size of 145m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in January 2019.

Building Type
Unit
Year Built
1994
Floor Size
90m2
Land Size
145m2
Local Government
Hobart
Lot/Plan
2/116041

Last Listing description (March 2019)

Just a short stroll to the inner CBD, this savvy unit makes perfect sense for those that enjoy the luxuries that inner Hobart has to offer, without ever having to jump in your car.
This apartment is city living at it's finest with the bonus of being so close to the famous cascade walking track, not to mention a creek and park 50 metres from your front door; the perfect mixture of city and nature.
This contemporary unit compromises of two spacious bedrooms both with built-ins and a car port to house your car that you may never need to use again!

Please don't hesitate to organise an inspection as this Gem of a property, in such a central location won't be around for long.

Property History for 2/40 Macfarlane St, South Hobart, TAS 7004

A timeline of how this property has performed in the market
Last Sold
$410,660
11 Jan 2019
Listed for Rent
$300/w
06 Jul 2016
  • 11 Jan 2019
    Sold for $410,660
  • 02 Nov 2018
    Listed for Sale Offers Over $395,000
  • 24 Jun 2016
    Listed for Rent $300 / week
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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, 70 properties were sold in the past 12 months in South hobart.

Suburb Insights for South Hobart 7004

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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.