SOLD
Sold on 31 Oct 2023 for $231,000

335 Hobart Road
Youngtown TAS 7249

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 52m2
Land area: 390m2
Sold By
Blake Shepherd
Shepherd & Heap Estate Agents
Joel Harwood
Shepherd & Heap Estate Agents
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Property Details for 335 Hobart Rd, Youngtown

Building Type
Commercial
Year Built
1976
Floor Size
52m2
Land Size
390m2
Local Government
Launceston
Lot/Plan
6/15187

Last Listing description (October 2023)

A fantastic opportunity exists here to secure this 'Light Industrial' ex plumbing workshop; yes it needs work, but at this price point you can't go wrong. 335 Hobart Road is Located within Youngtown's industrial precinct with close proximity to major arterials on the growing side of the city, in-between Connector Park and Western Junction/Launceston Airport with all major conveniences nearby.

Features include:

- 416m2 title area
- 'Light Industrial' zoning
- Solid structure and floor
- Excellent profile to busy Hobart Road
- Onsite parking/yard
- Cheap price point

Why Lease when you can buy and renovate, to get in front of the property market and capitalise on this affordable price point.

Buyer enquiry range: $180,000 - $220,000 excl. GST.

For further details contact Joel Harwood or Blake Shepherd.

Property History for 335 Hobart Rd, Youngtown, TAS 7249

A timeline of how this property has performed in the market
Last Sold
$231,000
31 Oct 2023
Listed for Rent
04 Aug 2017
  • 31 Oct 2023
    Sold for $231,000
  • 30 Oct 2023
    Listed for Sale Buyer Enquiry Range: $180,000 - $220,000 excl. GST
  • 04 Aug 2017
    Listed for Rent $40,000 / year
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About Youngtown 7249

The size of Youngtown is approximately 4.9 square kilometres. It has 4 parks covering nearly 7% of total area. The population of Youngtown in 2011 was 4,050 people. By 2016 the population was 4,064 showing a population growth of 0.3% in the area during that time. The predominant age group in Youngtown is 40-49 years. Households in Youngtown are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Youngtown work in a clerical occupation. In 2011, 75% of the homes in Youngtown were owner-occupied compared with 73.1% in 2016.

Youngtown has 2,361 properties. Over the last 5 years, Houses in Youngtown have seen a 71.07% increase in median value, while Units have seen a 62.13% increase. As at 31 July 2024:

  • The median value for Houses in Youngtown is $564,649 while the median value for Units is $398,580.
  • Houses have a median rent of $495 while Units have a median rent of $400.
There are currently 14 properties listed for sale, and 1 property listed for rent in Youngtown on OnTheHouse. According to CoreLogic's data, 128 properties were sold in the past 12 months in Youngtown.

Suburb Insights for Youngtown 7249

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.