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Back 29 Penna Road
Off Market

29 Penna Road

Midway Point TAS 7171

2
1
2
78 m²
542 m²
House
Last sold for $424,000
Jake TownsJake Towns, last sold this property on 19 April 2026 after 4 days on market.

Overview

Renovate or Rebuild Opportunity

Set in a well-established and highly convenient pocket of Midway Point, this is a property that will immediately appeal to those looking for their next project. Whether you are considering a full renovation, extension, or a complete knock-down and rebuild (STCA), the value here is in the position and the potential it offers. The existing home is very much in original condition and requires significant work throughout. From the exterior through to the kitchen, bathroom and living spaces, buyers should come prepared with a clear vision and an appetite to transform. For those with the right mindset, this is an opportunity to create something entirely your own, tailored to modern living standards. Positioned just moments from local shops, schools, transport and the waterfront, the location is where this property truly shines. With level land and a straightforward layout, it provides a solid foundation for redevelopment or a long-term renovation project in a suburb that continues to see strong buyer demand. • Ideal renovation or knock-down rebuild opportunity (STCA) • Original home requiring substantial work throughout • Level allotment of approximately 542 sqm • Functional existing layout with 2 bedrooms and separate living • Detached garage and additional shed on site • Scope to redesign, extend or rebuild to suit your needs • Quiet, established street in a convenient location • Close to Midway Point shops, school and local services • Easy access to Hobart CBD and the airport • Strong potential to add value in a growing area Year Built: Early 1970s Construction: Weatherboard Annual Water Rates: $1,202 approx. Annual Council Rates: $1,698 approx.

Features

2 bedrooms
1 bathroom
2 carspaces
1 carport space
1 open car space
78 m² floor area
542 m² lot size
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Midway Point over the last 12 months, the estimated median property value of 29 Penna Road is $511.5k.

Median value
$511.5k
Estimated value range
$424k - $740k
Median days on market
33
Estimated value trend
-7%
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 29 Penna Road

2026
Sold
$424,000
19 Apr 2026 by Jake Towns, of Petrusma Property - Hobart/ Sandy Bay

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 32 reviews in Midway Point over the last 12 months.

Local market activity for 2 bedroom houses in Midway Point

In the last 12 months, 7 two-bedroom houses similar to 29 Penna Road, have been sold.

This represents a 14% decrease in two-bedroom houses 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, friendly, honest, responsive, easy to work with and supportive

  •   4.8   (118 reviews)
  •  4 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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Colin Miller

Colin Miller is a recommended agent for Midway Point.  They have 5 local sales and collected 4 local reviews across the last 12 months.

  •   4.9   (305 reviews)
  •  4 Reviews in Midway Point
  •  5 Sales in Midway Point
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