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Sold on 14 Nov 2023 for $900,000

242 Tranmere Road
Tranmere TAS 7018

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 122m2
Land area: 716m2
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Property Details for 242 Tranmere Rd, Tranmere

242 Tranmere Rd, Tranmere is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1958. The property has a land size of 716m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 3 bedroom House sold in Tranmere in the last 12 months.

Building Type
House
Year Built
1958
Floor Size
122m2
Land Size
716m2
Local Government
Clarence
Lot/Plan
5/14068

Last Listing description (November 2023)

Situated on a level parcel of land on the Tranmere foreshore, this family home offers incredible, panoramic water and city views, behind the stunning backdrop of Mount Wellington. Never to be built out, the home is filled with natural light and has a clean, modern aesthetic.

Built in the 1950's, the home features raked ceilings and has a fantastic indoor-outdoor flow, with a substantial outdoor deck overlooking the water and a covered patio at the rear, perfect for family barbecues and entertaining.

The accommodation comprises three good-sized bedrooms, including a substantial master suite and ensuite bathroom, a separate main bathroom, and a spacious living, kitchen, and dining area at the heart of the home. Beneath the main home is a versatile rumpus, office, or studio space that provides a flexible space for those wishing to work from home.

Measuring over 700 square metres, the fully fenced yard is the perfect place for both children and pets to enjoy, and with an ever-changing marine backdrop, the elevated deck and fire-pit is the perfect place to entertain and take in the incredible outlook.

Tranmere remains one of the Eastern Shore's most sought-after location, with schools, public transport, and essential services all only minutes away, as well as a host of wonderful amenities that deliver a convenient lifestyle.

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Property History for 242 Tranmere Rd, Tranmere, TAS 7018

A timeline of how this property has performed in the market
Last Sold
$900,000
14 Nov 2023
Listed for Rent
$750/w
24 Oct 2023
  • 14 Nov 2023
    Sold for $900,000
  • 04 Nov 2023
    Listed for Sale Offers over $845,000
  • 09 Oct 2023
    Listed for Rent $750 / week
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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, 38 properties were sold in the past 12 months in Tranmere.

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