Back 388 Carella Street
Off Market

388 Carella Street

Tranmere TAS 7018

825 m²
Land
Last sold for $510,000
Jake TownsJake Towns, last sold this property on 22 September 2026 after 21 days on market.

Overview

Build Your Future

Positioned in one of Tranmere's most popular and tightly held residential pockets, this generous parcel of land presents an exciting opportunity to build in a location that continues to attract strong demand. Tranmere has become a favourite for buyers wanting a quality neighbourhood, modern homes and a relaxed lifestyle, while still enjoying easy access to Hobart and the services of the Eastern Shore. The elevated setting captures impressive views across the River Derwent towards kunanyi / Mount Wellington and Hobart, providing the perfect backdrop for a thoughtfully designed new home. (STCA) Surrounded by quality contemporary properties and with the waterfront close by, this is an opportunity to secure vacant land in an area where available building blocks are becoming increasingly difficult to find. • Sought after and popular Tranmere location • Impressive River Derwent and mountain views • Generous parcel offering exciting building potential • Surrounded by quality modern homes • Easy access to Shoreline Plaza and Hobart CBD

Features

825 m² lot size
Land

Estimated Value

Based on this property and similar land plots sold in Tranmere over the last 12 months, the estimated median property value of 388 Carella Street is $380k.

Median value
$380k
Estimated value range
$320k - $510k
Median days on market
48
Estimated value trend
-23%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Tranmere. 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 388 Carella Street

2026
Sold
$510,000
22 Sep 2026 by Jake Towns, of Petrusma Property - Hobart/ Sandy Bay

Happy sellers in Tranmere

84%
84% of sellers in Tranmere reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 15 reviews in Tranmere over the last 12 months.

Local market activity for land plots in Tranmere

In the last 12 months, 4 land plots similar to 388 Carella Street, have been sold.

This represents a 17% increase in land plots sales when compared to the previous 12 months.

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