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Back 1/23 Bay Road
Off Market

1/23 Bay Road

Midway Point TAS 7171

2
1
1
72 m²
174 m²
Unit
Last sold for $525,000
Niahn PalmerNiahn Palmer, last sold this property on 25 March 2026 after 12 days on market.

Overview

Brick, Low Maintenance and Easy to Own

Getting into the property market often means compromise. Too small, too crowded, too many strata rules. Unit 1 at 23 Bay Road offers a refreshing alternative. A solid brick home with its own space, its own yard, and the freedom of no body corporate. Positioned at the front of a small two-unit development, the property offers the simplicity many buyers are searching for. With only one adjoining unit, it provides the independence and low maintenance lifestyle that makes unit living appealing. Inside, the home opens into a generous living and dining area that captures great natural light. A reverse cycle heat pump keeps the space comfortable year-round, while the open connection to the kitchen creates a practical everyday layout. The kitchen is neat and functional with good storage and bench space, making it easy to live in now while still leaving room for future updates if desired. The home features two comfortable bedrooms, with built-in storage in the main bedroom. The bathroom includes both a separate bath and shower, while the toilet is positioned separately for everyday convenience. A dedicated laundry with its own external access adds further practicality to the home. Outside, the property continues to deliver with a fully fenced backyard that is low maintenance. It is ideal for pets, a small garden, or simply enjoying some outdoor space without the upkeep of a large block. The single garage provides secure parking and additional storage, with off street parking available in the driveway. For investors, the property has previously been rented and carries a current rental appraisal of $450 to $460 per week, making it a straightforward and appealing addition to an investment portfolio. Located in the growing Midway Point community, the home sits just a few minutes from Sorell's shops, services and school, while Hobart Airport and the Hobart CBD remain an easy commute. A practical home, a smart investment, and an excellent entry point into the market. Kate Storey Realty has obtained all information in this document from sources considered to be reliable, however we cannot guarantee its accuracy. Accordingly, all interested parties should make their own enquiries to verify this information. All measurements are approximate only

Features

2 bedrooms
1 bathroom
1 carspace
1 open car space
72 m² floor area
174 m² lot size
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Midway Point over the last 12 months, the estimated median property value of 1/23 Bay Road is $497k.

Median value
$497k
Estimated value range
$410k - $586k
Median days on market
14
Estimated value trend
-1%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Midway Point. 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 1/23 Bay Road

2026
Sold
$525,000
25 Mar 2026 by Niahn Palmer, of Kate Storey Realty
2025
Rented
Undisclosed
Leased on 02 Mar 2025 by Kate Storey Realty
2022
Rented
Undisclosed
Leased on 13 Nov 2022 by Kate Storey Realty

Happy sellers in Midway Point

87%
87% of sellers in Midway Point reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 33 reviews in Midway Point over the last 12 months.

Local market activity for 2 bedroom units in Midway Point

In the last 12 months, 4 two-bedroom units similar to 1/23 Bay Road, have been sold.

This represents a 66% decrease in two-bedroom units sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Midway Point

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Donna Sookee

Donna Sookee is a recommended agent for Midway Point.  They have 5 local sales and collected 5 local reviews across the last 12 months.

  •   4.9   (202 reviews)
  •  5 Reviews in Midway Point
  •  5 Sales in Midway Point
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Debbie Allanby

Sellers who recommend Debbie Allanby have praised them for being local expert, clear communication, honest, friendly, responsive, easy to work with and supportive

  •   4.8   (120 reviews)
  •  5 Reviews in Midway Point
  •  5 Sales in Midway Point
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Niahn Palmer

Sellers who recommend Niahn Palmer have praised them for being local expert, clear communication, friendly, responsive, well-prepared, reliable and detail-oriented

  •   5   (126 reviews)
  •  4 Reviews in Midway Point
  •  3 Sales in Midway Point
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Harry Coomer

Sellers who recommend Harry Coomer have praised them for being clear communication, local expert, responsive, supportive, honest, friendly and reliable

  •   4.9   (1083 reviews)
  •  4 Reviews in Midway Point
  •  3 Sales in Midway Point
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