OFF MARKET

4/29 Wentworth Street
South Hobart TAS 7004

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 54m2
Land area: 118m2
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Last updated 11 Nov 2024
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Property Details for 4/29 Wentworth St, South Hobart

4/29 Wentworth St, South Hobart is a 1 bedroom, 1 bathroom Unit and was built in 1982. The property has a land size of 118m2 and floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
Unit
Year Built
1982
Floor Size
54m2
Land Size
118m2
Local Government
Hobart
Lot/Plan
4/57745

Last Listing description (November 2023)

This recently renovated 1 bedroom unit in South Hobart boasts a light-filled open plan living space, neatly presented kitchen with ample storage and is a perfect blend of comfort and convenience. Whether you're looking for a profitable investment or a place to call home, this property is sure to impress.

- Light low-maintenance unit in an ideal location
- Ideal first home or investment property

- Modern renovation
- Open plan kitchen, dining and living area
- Split cycle air conditioner
- Private courtyard
- Secure complex
- Short drive into the CBD and Utas
- Immediate access to local recreational facilities
- Situated in the hub of South Hobart - 2 minutes walk to local cafes and shops.

Built: 1982
Construction: Brick
Council Rates: Approx. $1,500pa
Water Rates: Approx. $1,000pa + usage
Rental Rates: Approx. $360 - $390 per week
Body Corporate fees Approx. $0 pa
BnB potential return: Approx. $42,000pa

Petrusma Property has obtained the information on this property from what we believe are reliable sources and have no reason to doubt its accuracy however we cannot guarantee its exactness. Prospective Purchasers and the current Vendor(s) are advised to execute their own enquiries regarding the marketing material advertised or provided by Petrusma Property.

Property History for 4/29 Wentworth St, South Hobart, TAS 7004

A timeline of how this property has performed in the market
Last Sold
$440,000
26 Sep 2023
Listed for Rent
$300/w
24 Jan 2017
  • 26 Sep 2023
    Sold for $440,000
  • 21 Sep 2023
    Listed for Sale $420,000 - $460,000
  • 09 Jun 2020
    Listed for Rent - Price not available
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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 8 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.