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Sold on 29 Aug 2024 for $643,000

3/98 Arthur Street
West Hobart TAS 7000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 88m2
Land area: 184m2
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Petrusma Property - Sandy Bay
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Property Details for 3/98 Arthur St, West Hobart

3/98 Arthur St, West Hobart is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1992. The property has a land size of 184m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in West Hobart in the last 12 months.

Building Type
Unit
Year Built
1992
Floor Size
88m2
Land Size
184m2
Local Government
Hobart
Lot/Plan
3/55609

Last Listing description (October 2024)

Well maintained and presented, this villa offers a practical floor plan and low maintenance gardens, all whilst enjoying a northly aspect and stunning water and city views. This conveniently positioned and beautifully presented home is only moments from the city and would make an ideal home or investment property.

- Constructed in 1992, one of eight, unique style & discreet location
- Well-designed layout in a central location

- Concrete construction
- Private garden enjoying a northly aspect
- Secure remote access garage
- Walk to the CBD & North Hobart restaurant strip
- Outstanding investment or enviable inner-city pad
- Fantastic water and city views
- Visitor parking available
- Images have been digitally styled and/or an artist impression

Built: 1992
Construction: Concrete
Council Rates: Approx. $2028 pa
Water Rates: Approx. $958 pa + usage
Body Corporate fees Approx. $1850 pa
Rental Rates: Approx. $520-$570 per week

Petrusma Property has obtained the information on this property from what we believe are reliable sources and have no reason to doubt its accuracy however we cannot guarantee its exactness. Prospective Purchasers and the current Vendor(s) are advised to execute their own enquiries regarding the marketing material advertised or provided by Petrusma Property.

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Property History for 3/98 Arthur St, West Hobart, TAS 7000

A timeline of how this property has performed in the market
Last Sold
$643,000
29 Aug 2024
Listed for Rent
$380/w
17 Aug 2016
  • 08 Aug 2024
    Sold for $643,000
  • 13 Feb 2024
    Listed for Sale Buyer enquiry range $610,000 to $650,000
  • 20 Jun 2016
    Listed for Rent $380 / 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.
There are currently 15 properties listed for sale, and 4 properties listed for rent in West hobart on OnTheHouse. According to CoreLogic's data, 70 properties were sold in the past 12 months in West hobart.

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