19 Knocklofty TerraceWest Hobart TAS 7000
Property Details for 19 Knocklofty Tce, West Hobart
19 Knocklofty Tce, West Hobart is a 0 bedroom, 0 bathroom House and was built in 1927. The property has a land size of 650m2 and floor size of 113m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 0 bedroom House sold in West Hobart in the last 12 months.
Last Listing description (January 2024)
This brilliantly located property is brimming with potential. Comprising a large 819 square metre site with panoramic views, the land is improved by a three-bedroom residence and a spacious one bedroom flat beneath.
This solidly constructed Californian bungalow residence remains livable as is and would shine with renovation. A solid income stream is assured via leasing (short or long term) the roomy one bedroom flat below.
Blocks of this size are increasingly rare and this fabulous deep block echoes a bygone era of growing fruit and vegetables in ones yard. Perfectly oriented to capture northerly sun whilst offering sweeping views over the city centre and the inner suburbs.
West Hobart is now one of Hobart's leading suburbs, coveted for its close proximity to the city, local schools (Lansdowne Primary is a short stroll away), shops including the incredible Hill Street Grocer, walking trails such as Knocklofty Reserve and much more.
This in short is an unmissable opportunity for those wishing to secure a property with value add and lifestyle potential.
Outgoings (approx):
Council rates: $3,798 p.a.
Water rates: $1,100 p.a.
Property History for 19 Knocklofty Tce, West Hobart, TAS 7000
- 02 Dec 2023Sold for $930,000
- 03 Nov 2023Listed for Sale Contact Agent
- 30 Jan 2023Listed for Rent $350 / week
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About West Hobart 7000
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 2,948 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:
- The median value for Houses in West Hobart is $917,514 while the median value for Units is $630,346.
- Houses have a median rent of $593 while Units have a median rent of $470.
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