25 William StreetWest Hobart TAS 7000
Property Details for 25 William St, West Hobart
25 William St, West Hobart is a 2 bedroom, 1 bathroom Unit with 5 parking spaces and was built in 1910. The property has a land size of 1247m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in August 2015.
Last Listing description (September 2015)
This is a substantial character residence approved and used as five spacious flats with flexible floorplan incorporating up to 2x three bedroom flats, 1x two bedroom flat, 1x one bedroom flat and one bedsit.
Brilliantly located in a quiet street with good sun and water views, this property offers the great real estate fundamentals of location, large land holding of 1247sqm and substantial residence of approximately 405sqm producing a gross income of $54,080 per annum.
Full of character with upgraded wiring and drainage, this property has a variety of benefits for the discerning investor, producing an excellent return and genuine potential for capital growth. Alternatively, it could be converted to a substantial family home.
Property History for 25 William St, West Hobart, TAS 7000
- 24 Aug 2015Sold for $710,000
- 28 Jul 2015Listed for Rent - Price not available
- 27 Jul 2015Listed for Sale Not Disclosed
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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 2,944 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:
- 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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