132 Forest Rd, West Hobart is a 4 bedroom, 2 bathroom House with 3 parking spaces and was built in 1968. The property has a land size of 632m2 and floor size of 161m2. While the property is not currently for sale or for rent, it was last sold in April 2018.
Located on popular Forest Road this property is currently utilised as two x two bedroom units which offer a flexible floorplan over two levels and were recently returning a rental income of $510pw offering buyers and investors a fantastic opportunity to enter the highly sough after West Hobart property market. In original condition and needing some TLC, these units are brimming with potential. The upper level of Unit 1 features a kitchen, lounge room with floor to ceiling glass windows, bedroom with WIR and bathroom, whilst downstairs offers a second bedroom with BIR, storage space and a laundry with external access. The upstairs level of Unit 2 boasts a kitchen and dining area with separate lounge, study and combined bathroom/laundry with separate toilet. Two bedrooms with BIR are located on the lower level.
Situated directly opposite the Knocklofty Reserve and complete with OSP for three cars, low maintenance gardens and ample under house storage space, this property is ready and waiting for you to bring it back to life! #AtYourService
The size of West Hobart is approximately 3.9 square kilometres. It has 8 parks covering nearly 35.4% of total area. The population of West Hobart in 2011 was 5,800 people. By 2016 the population was 5,978 showing a population growth of 3.1% in the area during that time. The predominant age group in West Hobart is 40-49 years. Households in West Hobart are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in West Hobart work in a professional occupation. In 2011, 61.5% of the homes in West Hobart were owner-occupied compared with 62.3% in 2016.
West Hobart has 2,944 properties. Over the last 5 years, Houses in West Hobart have seen a 26.39% increase in median value, while Units have seen a 19.05% increase. As at 31 October 2024:
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