OFF MARKET

1 Cherrington Drive
Tranmere TAS 7018

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1550m2
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Property Details for 1 Cherrington Dr, Tranmere

Building Type
Land
Land Size
1550m2
Local Government
Clarence
Lot/Plan
48/173669

Last Listing description (December 2020)

An extraordinary opportunity to build a new home in one of the most highly sought-after locations in Tranmere.
A generous allotment size of approx. 1550sqm in a wonderfully quiet position with terrific views across the Derwent River extending to the city and Mt Wellington.

A relaxed and convenient lifestyle awaits being a short drive to foreshore bike and walking tracks, as well as local shops, the Post Office, cafes, schools, public transport and an easy 15-minute commute to the Hobart CBD.

This prime allotment provides a superior location to build your dream home in a friendly neighbourhood area.

Large allotment in very popular location
Breathtaking views
Short walk to beach and foreshore
Mins to shops and amenities
Short commute to the Hobart CBD

Property History for 1 Cherrington Dr, Tranmere, TAS 7018

A timeline of how this property has performed in the market
Last Sold
$375,000
12 Nov 2020
  • 12 Nov 2020
    Sold for $375,000
  • 09 Nov 2020
    Listed for Sale Offers Over $315,000
  • 18 Sep 2018
    Sold for $285,000
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About Tranmere 7018

The size of Tranmere is approximately 2.9 square kilometres. It has 2 parks covering nearly 6.5% of total area. The population of Tranmere in 2011 was 1,441 people. By 2016 the population was 1,726 showing a population growth of 19.8% in the area during that time. The predominant age group in Tranmere is 40-49 years. Households in Tranmere are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tranmere work in a professional occupation. In 2011, 86.3% of the homes in Tranmere were owner-occupied compared with 88.5% in 2016.

Tranmere has 1,107 properties. Over the last 5 years, Houses in Tranmere have seen a 50.55% increase in median value, while Units have seen a 21.92% increase. As at 30 September 2024:

  • The median value for Houses in Tranmere is $1,034,223 while the median value for Units is $736,416.
  • Houses have a median rent of $700 while Units have a median rent of $620.
There are currently 16 properties listed for sale, and no properties listed for rent in Tranmere on OnTheHouse. According to CoreLogic's data, 37 properties were sold in the past 12 months in Tranmere.

Suburb Insights for Tranmere 7018

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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.