389 Hobart RoadYoungtown TAS 7249
Property Details for 389 Hobart Rd, Youngtown
Last Listing description (May 2017)
Unique opportunity to purchase high profile warehouse complex on Hobart Road.
With 4 separate warehouses ranging in size from 75 sqm to 405 sqm, this will suit an astute investor or owner/occupier with the scope for additional income.
Land area of 4,304 sqm
Scope to expand
Subdivision potential
Property History for 389 Hobart Rd, Youngtown, TAS 7249
- 18 Mar 2016Sold for $924,000
- 09 Mar 2016Listed for Sale $895,000 plus GST
- 13 Jan 2016Listed for Rent $42,000 / 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 2,362 properties. Over the last 5 years, Houses in Youngtown have seen a 66.47% increase in median value, while Units have seen a 58.28% increase. As at 31 October 2024:
- The median value for Houses in Youngtown is $575,431 while the median value for Units is $398,285.
- Houses have a median rent of $498 while Units have a median rent of $400.
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