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Sold on 08 Nov 2023 - Price Unavailable

2/5 Erebus Street
Warrane TAS 7018

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 99m2
Land area: 408m2
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Property Details for 2/5 Erebus St, Warrane

2/5 Erebus St, Warrane is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 408m2 and floor size of 99m2. 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 Warrane in the last 12 months.

Building Type
House
Floor Size
99m2
Land Size
408m2
Local Government
Clarence
Lot/Plan
1/156336

Last Listing description (November 2023)

Welcome to 2/5 Erebus Street, Warrane. This comfortable 3-bedroom, 1-bathroom home, nestled behind a white picket fence, is a perfect opportunity for first-time buyers or investors looking for an affordable property on Hobart's sunny Eastern Shore.

The home features open-plan living areas, together with an adjoining outside deck that is perfect for relaxation and entertainment - its positioning making the most of the northern sun.

The updated kitchen offers an efficient space with modern appliances making meal preparation a breeze. Just past the kitchen, the laundry area provides plenty of work space and offers access to the small rear yard.

All three bedrooms are well sized, with the two larger rooms featuring built-in robes, providing plenty of storage options. The bathroom is conveniently located at the end of the central hallway and offers a shower, bathtub, and a vanity unit.

The neutral colour palette sits well with almost all furnishings, and this property would be the perfect blank canvas for a decorative eye.

Additional features include:
• easy to maintain gardens,
• off street parking,
• reverse-cycle air-conditioning, and
• wood heater.

Situated in an ultra-convenient location, this property is close to schools, shops, and public transport, making it an ideal choice for families or those seeking easy access to amenities.

The property is currently tenanted at $460 per week to a long-standing tenant with the lease expiring June 2024. Current market trends suggest market rent is approx. $500 per week.

Contact us today to arrange a viewing and secure your future in this delightful Warrane property.

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Property History for 2/5 Erebus St, Warrane, TAS 7018

A timeline of how this property has performed in the market
Last Sold
08 Nov 2023
Listed for Rent
$350/w
26 Sep 2017
  • 23 Oct 2023
    Sold for $485,000
  • 12 Oct 2023
    Listed for Sale Offers over $490,000
  • 15 Sep 2017
    Listed for Rent $350 / week
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About Warrane 7018

The size of Warrane is approximately 4 square kilometres. It has 13 parks covering nearly 33.5% of total area. The population of Warrane in 2011 was 2,410 people. By 2016 the population was 2,416 showing a population growth of 0.2% in the area during that time. The predominant age group in Warrane is 10-19 years. Households in Warrane are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Warrane work in a labourer occupation. In 2011, 49.2% of the homes in Warrane were owner-occupied compared with 46% in 2016.

Warrane has 1,156 properties. Over the last 5 years, Houses in Warrane have seen a 46.71% increase in median value, while Units have seen a 47.90% increase. As at 31 August 2024:

  • The median value for Houses in Warrane is $516,332 while the median value for Units is $567,164.
  • Houses have a median rent of $480 while Units have a median rent of $490.
There are currently 10 properties listed for sale, and 1 property listed for rent in Warrane on OnTheHouse. According to CoreLogic's data, 49 properties were sold in the past 12 months in Warrane.

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Annisa Burns
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Raine & Horne Hobart
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