Back 2/50 Chapel Street
Off Market

2/50 Chapel Street

Glenorchy TAS 7010

2
1
1
73 m²
90 m²
Unit
Greg FallGreg Fall, last sold this property on 26 April 2026 after 39 days on market.

Overview

Investment Opportunity in Convenient Glenorchy Location

Positioned on a flat, low-maintenance block in the heart of Glenorchy, this well-presented unit offers a fantastic opportunity for both investors and future owner-occupiers. Inside, the home features a renovated kitchen and modernised bathroom, providing a fresh and comfortable living environment. An additional rumpus room adds valuable flexibility - perfect for a second living area, home office, or entertainment space. Outside, the property sits on a level block with a fully fenced backyard, ideal for privacy, pets, or low-maintenance outdoor living. Conveniently located close to local shops, services, and public transport, the home offers easy access to everything you need while maintaining a quiet suburban feel. Currently tenanted at $500 per week, this property presents an excellent ready-made investment with immediate rental income. Key Features: • Renovated kitchen and bathroom • Additional rumpus room / second living space • Flat, easy-care block • Fully fenced backyard • Close to shops and public transport • Currently rented at $500 per week A smart investment in a growing area of Tasmania, this property combines comfort, convenience, and strong rental appeal. ** The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information.

Features

2 bedrooms
1 bathroom
1 carspace
1 open car space
73 m² floor area
90 m² lot size
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Glenorchy over the last 12 months, the estimated median property value of 2/50 Chapel Street is $473.9k.

Median value
$473.9k
Estimated value range
$310k - $582k
Median days on market
22
Estimated value trend
5%
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 2/50 Chapel Street

2026
Sold
Undisclosed
26 Apr 2026 by Greg Fall, of Fall Real Estate - North Hobart

Happy sellers in Glenorchy

93%
93% 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 66 reviews in Glenorchy over the last 12 months.

Local market activity for 2 bedroom units in Glenorchy

In the last 12 months, 25 two-bedroom units similar to 2/50 Chapel Street, have been sold.

This represents a 11% increase in two-bedroom units sales when compared to the previous 12 months.

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