Back 1/42 Culloden Ave
Off Market

1/42 Culloden Ave

Lutana TAS 7009

3
1
1
103 m²
346 m²
House
Last sold for $605,000
Fiona JohnsonFiona Johnson, last sold this property on 18 December 2025 after 34 days on market.

Overview

City Fringe - Investment Opportunity or First Home Buyer's Gold!

Positioned just 10 minutes from the Hobart CBD, this beautifully presented 1949 home combines character, convenience, and exceptional investment potential. Located in the city fringe, this appealing home represents an outstanding opportunity for investors, first home buyers, or down sizers looking to secure a foothold in one of Greater Hobart's fastest-growing suburbs. Our rental appraisal is $600 - $620 per week, which represent a gross yield of approximately 5.2% Property Features: * Solid circa 1949 house with hardwood timber flooring * Three generous bedrooms with natural light * Open plan living and dining space * Functional kitchen with ample storage and dishwasher * Neat and tidy bathroom, separate laundry * Private, low-maintenance yard, ideal for kids or pets * Covered timber entertaining deck off kitchen ideal for outdoor dining * Off-street parking, reverse cycle air conditioning Approximate annual outgoings: * Council Rates: $2128 * Water Rates: $832 Investment Highlights: * Potential gross rental yield approx. 5.2% * No body corporate or strata fees, fewer outgoings * Lutana has shown, strong capital growth and rising tenant demand * Excellent long-term rental appeal with low vacancy rates Location Benefits: * Just 6km to Hobart CBD, quick access via Brooker Highway * Minutes to Moonah, New Town, Glenorchy and North Hobart precincts * Close to shops, schools, parks, and public transport * Established neighbourhood with strong community feel This is a great chance to secure a low-maintenance property in a high-demand area, all while enjoying the benefits of a character filled home close to the city. *** The information contained in this advertisement has been supplied to us from sources we believe to be reliable. However, we cannot guarantee its accuracy and accept no responsibility for any errors or omissions. Prospective buyers are advised to conduct their own enquiries and seek independent advice to verify all details provided. ***

Features

3 bedrooms
1 bathroom
1 carspace
103 m² floor area
346 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Lutana over the last 12 months, the estimated median property value of 1/42 Culloden Ave is $642.5k.

Median value
$642.5k
Estimated value range
$525k - $857k
Median days on market
13
Estimated value trend
3%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Lutana. 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 1/42 Culloden Ave

2025
Sold
$605,000
Private Sale/Treaty on 18 Dec 2025 by Fiona Johnson, of CPPM Property Management and Sales
2024
Rented
Undisclosed
Leased on 29 Oct 2024 by CPPM Property Management and Sales
2019
Sold
Undisclosed
03 Feb 2019 by Russell Yaxley, of Downton Property

Happy sellers in Lutana

92%
92% of sellers in Lutana reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 23 reviews in Lutana over the last 12 months.

Local market activity for 3 bedroom houses in Lutana

In the last 12 months, 31 three-bedroom houses similar to 1/42 Culloden Ave, have been sold.

This represents a 42% decrease in three-bedroom houses sales when compared to the previous 12 months.

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