Back 1/118 Tolosa Street
Off Market

1/118 Tolosa Street

Glenorchy TAS 7010

2
1
2
85 m²
93 m²
Apartment
Last sold for $543,000
Ben KorkmazBen Korkmaz, last sold this property on 08 June 2026 after 8 days on market.

Overview

More Like a Home Than a Unit

Privately positioned on a generous corner allotment within a well-maintained setting, this beautifully refreshed residence presents an increasingly rare opportunity to secure a home that offers genuine space, privacy, low-maintenance living, and immediate comfort, all without the burden of body corporate fees. Thoughtfully updated throughout, the home has been transformed into a warm and inviting space that feels fresh, functional, and move-in ready from the moment you arrive. Updated flooring flows throughout the interiors, complemented by refreshed paintwork, a beautifully modernised kitchen, and upgraded bathroom finishes that elevate the overall presentation while maintaining practicality and durability for everyday living. Natural light fills the open-plan living and dining zone, creating a welcoming atmosphere that immediately feels like home. The kitchen has been designed with clean, contemporary finishes and functional storage, perfectly suited to both owner-occupiers and investors seeking a true turnkey property with nothing further to spend. Accommodation comprises two generous bedrooms with built-in storage, serviced by a well-appointed bathroom featuring an accessible walk-in shower, alongside the added convenience of a separate powder room, a thoughtful layout that enhances both comfort and long-term liveability. One of the standout features of the property is the sense of space and privacy rarely found in comparable homes. Established fencing, improved paving, and a combination of front and rear courtyard areas create multiple usable outdoor zones that feel secure, private, and easy to maintain. Whether entertaining, gardening, relaxing in the sun, or accommodating pets, the outdoor spaces provide flexibility that significantly enhances the lifestyle appeal of the home. Further adding to the practicality is reverse-cycle heating and cooling for year-round comfort, a covered carport, additional off-street parking, and a garden shed for extra storage. The setting itself is exceptionally well-kept, offering a quiet environment while remaining just moments from Northgate Shopping Centre, schools, parks, cafes, and major services, with easy access through to the Hobart CBD. Equally appealing to first-home buyers looking for a quality move-in-ready home, downsizers seeking simplicity without compromise, or investors chasing a low-maintenance, high-demand asset, this is a property that delivers immediate appeal and long-term confidence in equal measure. Heating: Reverse Cycle Air Conditioner. Year built: 1982 Council rates: $1800.00 per annum approx. Fixed water rates: $1000.00 per annum approx. Rental estimate: $530.00 - $550.00 per week.

Features

2 bedrooms
1 bathroom
2 carspaces
85 m² floor area
93 m² lot size
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Glenorchy over the last 12 months, the estimated median property value of 1/118 Tolosa Street is $574.5k.

Median value
$574.5k
Estimated value range
$410k - $651k
Median days on market
48
Estimated value trend
32%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Glenorchy. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1/118 Tolosa Street

2026
Sold
$543,000
Private Sale/Treaty on 08 Jun 2026 by Ben Korkmaz, of Insitu Property Hobart
2025
Rented
Undisclosed
Leased on 15 May 2025 by More Real Estate
2023
Sold
$440,000
22 May 2023 by Craig Bellgrove, of More Real Estate

Happy sellers in Glenorchy

94%
94% of sellers in Glenorchy reported that their sale price either exceeded or met their price expectations.

Glenorchy stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 75 reviews in Glenorchy over the last 12 months.

Local market activity for 2 bedroom apartments in Glenorchy

In the last 12 months, 7 two-bedroom apartments similar to 1/118 Tolosa Street, have been sold.

This represents a 14% decrease in two-bedroom apartments sales when compared to the previous 12 months.

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