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Sold on 21 Sep 2023 for $550,000

40 Degraves Street
South Hobart TAS 7004

Bedrooms: 4
Bathrooms: 1
Car spaces: -
Floor area: 136m2
Land area: 384m2
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Property Details for 40 Degraves St, South Hobart

40 Degraves St, South Hobart is a 4 bedroom, 1 bathroom House and was built in 1925. The property has a land size of 384m2 and floor size of 136m2. While the property is not currently for sale or for rent, it was last sold in September 2023. There are other 4 bedroom House sold in South Hobart in the last 12 months.

Building Type
House
Year Built
1925
Floor Size
136m2
Land Size
384m2
Local Government
Hobart
Lot/Plan
9/60932

Last Listing description (September 2023)

Located in popular South Hobart and offering a spacious floorplan, this charming Federation period property retains many architectural features that are complementing by a contemporary kitchen and bathroom facilities. Positioned forward on a generous allotment this property has potential in spades, while the rear yard benefits from a large enclosed established garden with undercover entertaining deck and studio.

• Flood affected during 2018 Hobart catastrophe
• Offered to market as is

• Must be inspected to be fully understood
• Private rear yard with undercover deck and studio
• Excellent foundation from which to make a stunning home
• Walk/cycle to the city along the nearby Rivulet track
• Endearing community, local cafes & boutique shops

Built: 1925
Construction: Brick
Heating: Electric

Property History for 40 Degraves St, South Hobart, TAS 7004

A timeline of how this property has performed in the market
Last Sold
$550,000
21 Sep 2023
Listed for Rent
$650/w
22 Nov 2018
  • 21 Sep 2023
    Sold for $550,000
  • 19 Jun 2023
    Listed for Sale Offers Over $600,000
  • 12 Nov 2018
    Listed for Rent $650 / 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 2,668 properties. Over the last 5 years, Houses in South Hobart have seen a 28.70% increase in median value, while Units have seen a 21.86% increase. As at 31 August 2024:

  • The median value for Houses in South Hobart is $860,533 while the median value for Units is $541,383.
  • Houses have a median rent of $560 while Units have a median rent of $475.
There are currently 4 properties listed for sale, and 5 properties listed for rent in South hobart on OnTheHouse. According to CoreLogic's data, 75 properties were sold in the past 12 months in South hobart.

Suburb Insights for South Hobart 7004

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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.