Back 32 Lake Vue Parade
Off Market

32 Lake Vue Parade

Midway Point TAS 7171

2
1
10
84 m²
1375 m²
House
Last sold for $740,000
Deb LawlerDeb Lawler, last sold this property on 15 March 2026 after 90 days on market.

Overview

Prime Development Opportunity with Water Views

Set in one of Midway Point's most sought-after waterside locations, 32 Lake Vue Parade presents an exceptional development-ready opportunity across two titles totalling 0.1375 hectares. Boasting stunning, uninterrupted water views that cannot be built out, this is a premium site offering enduring value and broad market appeal. Preliminary concept plans indicate potential for two or three well-positioned units (STCA), making this an ideal project for boutique developers or astute investors seeking a high-quality end product. An existing two-bedroom dwelling and shed provide immediate holding income or personal use while planning approvals are progressed, helping to reduce holding costs and maximise flexibility. Surrounded by quality homes and positioned just minutes from Hobart CBD, Hobart Airport, and major amenities, this property combines location, aspect, and development upside-a rare and increasingly scarce combination in the Midway Point market. With strong demand for waterside living and limited future supply, this is a standout opportunity to secure, develop, or landbank in one of the area's most tightly held precincts. Key Features: Two titles with combined land area of 0.1375 hectares Uninterrupted, protected water views Development potential for 2-3 units (STCA) Existing 2-bedroom dwelling + shed Holding income while planning approvals are obtained Sought-after waterside location close to Hobart & airport **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
10 carspaces
10 open car spaces
84 m² floor area
1375 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 32 Lake Vue Parade 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 32 Lake Vue Parade

2026
Sold
$740,000
Private Sale/Treaty on 15 Mar 2026 by Deb Lawler, of Fall Real Estate - North Hobart

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 houses in Midway Point

In the last 12 months, 7 two-bedroom houses similar to 32 Lake Vue Parade, have been sold.

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

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