OFF MARKET

4 Hughes Court
Western Junction TAS 7212

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 4710m2
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Property Details for 4 Hughes Ct, Western Junction

Building Type
Commercial
Land Size
4710m2
Local Government
Northern Midlands
Lot/Plan
0/184214

Last Listing description (May 2021)

At the head of the cul-de-sac of Hughes Court, and accessed from Translink Avenue

Near level development land, within the Translink Industrial Estate at Western Junction, nearby Launceston Airport.

A small portion (70 sqm) of the property is leased to Telstra for a telecommunications tower, which generates an income of $13,700.

That income well and truly covers holding costs (Council Rates etc) and illustrates as a "bonus" for a new owner whilst they develop the site.

Translink Industrial Estate, because of its prime position and accessibility to all Tasmanian highway networks, is fast becoming THE position of choice for distribution warehousing and industrial activities.

4 Hughes Court is one of the few remaining sites within the Translink "community".

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Property History for 4 Hughes Ct, Western Junction, TAS 7212

A timeline of how this property has performed in the market
Last Sold
$470,250
08 Dec 2020
Listed for Rent
$747/w
19 Apr 2023
  • 08 Dec 2020
    Sold for $470,250
  • 14 May 2020
    Listed for Sale By Negotiation
  • 15 Aug 2008
    Sold for $240,000

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About Western Junction 7212

The size of Western Junction is approximately 15 square kilometres. It has 3 parks covering nearly 4.2% of total area. The population of Western Junction in 2011 was 299 people. By 2016 the population was 128 showing a population decline of 57.2% in the area during that time. The predominant age group in Western Junction is 50-59 years. Households in Western Junction are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Western Junction work in a clerical occupation. In 2011, 74.4% of the homes in Western Junction were owner-occupied compared with 84.1% in 2016..

Western Junction has 220 properties. Over the last 5 years, Houses in Western Junction have seen a 47.72% increase in median value. As at 31 October 2024:

  • The median value for Houses in Western Junction is $804,713.
There are currently no properties listed for sale, and no properties listed for rent in Western junction on OnTheHouse. According to CoreLogic's data, 5 properties were sold in the past 12 months in Western junction.

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