Featuring a stunning panoramic outlook, this rare generously sized land parcel is found in a prestige homes area and enjoys uninterrupted views of the ever-changing Derwent River and Mount Wellington.
Located in a quiet cul de sac and positioned beyond an established internal driveway (3.6m frontage), this large private block provides scope for a stunning development and also shares a boundary with the Tranmere Coastal Reserve.
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 1,106 properties. Over the last 5 years, Houses in Tranmere have seen a 55.37% increase in median value, while Units have seen a 13.76% increase. As at 31 October 2024:
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