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Sold on 26 Mar 2024 for $775,000

42 Wellesley Street
South Hobart TAS 7004

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 99m2
Land area: 387m2
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Property Details for 42 Wellesley St, South Hobart

42 Wellesley St, South Hobart is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1953. The property has a land size of 387m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom House sold in South Hobart in the last 12 months.

Building Type
House
Year Built
1953
Floor Size
99m2
Land Size
387m2
Local Government
Hobart
Lot/Plan
2/25915

Last Listing description (March 2024)

Situated on a quiet street close to a host of wonderful amenities, 42 Wellesley Street presents a charming opportunity in the leafy streets of South Hobart, minutes from the CBD. This weatherboard residence, built circa 1953, exudes timeless appeal with its classic design and modern comforts. Boasting three bedrooms and one bathroom, this light-filled home exudes warmth and comfort.

Upon entry, the living room provides an abundance of natural light from its northerly aspect, creating a warm and inviting space. The functional layout includes two bedrooms equipped with built-in robes, while the third bedroom offers ample storage space, all serviced by a central bathroom. The home is fitted with a wood heater in the living room, with the addition of ducted air-conditioning throughout.

Convenience meets practicality with a garage located underneath the home, providing generous storage options. The laundry facilities lead onto an enclosed porch at the rear of the home, leading onto a timber deck overlooking the backyard, perfect for entertaining.

South Hobart is one of Hobart's most popular suburbs, known for its fabulous cafes and restaurants, world class bushwalks and mountain bike trails, as well as two highly regarded primary schools. Situated just a short walk from Hobart CBD along the picturesque Hobart Rivulet Track, this property offers the ideal balance of tranquillity and urban accessibility.

Property History for 42 Wellesley St, South Hobart, TAS 7004

A timeline of how this property has performed in the market
Last Sold
$775,000
26 Mar 2024
  • 26 Mar 2024
    Sold for $775,000
  • 18 Mar 2024
    Listed for Sale Offers over $740,000
  • 14 Feb 2017
    Sold for $469,000
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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.

Suburb Insights for South Hobart 7004

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Brad Stephens
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Hugh Balcombe
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Elders Tasmania
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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.