OFF MARKET

12/86 Cherry Road
Trevallyn TAS 7250

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 153m2
Land area: 2461m2
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Property Details for 12/86 Cherry Rd, Trevallyn

12/86 Cherry Rd, Trevallyn is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1995. The property has a land size of 2461m2 and floor size of 153m2. While the property is not currently for sale or for rent, it was last sold in July 2020.

Building Type
Unit
Year Built
1995
Floor Size
153m2
Land Size
2461m2
Local Government
West Tamar
Lot/Plan
12/116885

Last Listing description (November 2018)

Originally approved for 17 units back in the early 1990s, Lloyds Close is an uncompleted strata complex offering a unique development opportunity in the heart of Trevallyn.

Lot 12 is set over 6,300m2 and has the space and suitable title plan for more units to be built, subject to West Tamar Council approval.

Back in 1995 a family sized unit and a large workshop were constructed, with both currently being rented separately with a combined weekly rent of $465.00.

The unit offers four bedrooms (three with built-ins), two bathrooms and a remote access double garage. A spacious lounge room flows into an open plan kitchen and dining area and glass doors lead out to a back outdoor paved area.

Close to great schools and services this Cherry Road property is a rare find in suburban Launceston, offering many development options to someone with vision.

Give Rae Smith a call today to arrange an inspection.

Property Code: 199

Property History for 12/86 Cherry Rd, Trevallyn, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$440,000
27 Jul 2020
  • 27 Jul 2020
    Sold for $440,000
  • 23 Aug 2018
    Listed for Sale Expessions Of Interest

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About Trevallyn 7250

The size of Trevallyn is approximately 9.9 square kilometres. It has 9 parks covering nearly 59.2% of total area. The population of Trevallyn in 2011 was 4,638 people. By 2016 the population was 4,567 showing a population decline of 1.5% in the area during that time. The predominant age group in Trevallyn is 40-49 years. Households in Trevallyn are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Trevallyn work in a professional occupation. In 2011, 72.9% of the homes in Trevallyn were owner-occupied compared with 72.8% in 2016.

Trevallyn has 2,304 properties. Over the last 5 years, Houses in Trevallyn have seen a 55.06% increase in median value, while Units have seen a 46.06% increase. As at 31 October 2024:

  • The median value for Houses in Trevallyn is $586,645 while the median value for Units is $395,222.
  • Houses have a median rent of $500 while Units have a median rent of $385.
There are currently 44 properties listed for sale, and 8 properties listed for rent in Trevallyn on OnTheHouse. According to CoreLogic's data, 68 properties were sold in the past 12 months in Trevallyn.

Suburb Insights for Trevallyn 7250

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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.