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Back 40 Paringa Road
Off Market

40 Paringa Road

Glenorchy TAS 7010

3
1
4
97 m²
943 m²
House
Dean MillhouseDean Millhouse, last sold this property on 04 January 2023 after 35 days on market.

Overview

Renovated Family Home with Development Potential

An inner-city gem with a rural feel, this property is located at the end of a quiet cul-de-sac and occupies a significant land holding of 943m2 with close proximity to the Hobart CBD, Glenorchy shopping district & amenities, schools, public transport & council offices. A neat floor plan with recently upgraded kitchen, bathroom, and other aesthetics throughout and featuring a cosy wood-heater, this property provides a buyer with the option to move in immediately or cater for the needs of a tenant should you be looking as an investor. The property has been appraised with a current rental income of $550-$575 per week. Currently, the spacious backyard has catered for a young family, although the generous allotment does lend itself to savvy investors and builders alike looking for a development opportunity with the ability to add additional dwellings at the rear (STCA). This property really does present an attractive opportunity to a wide array of potential purchasers - families, downsizers, investors or builders looking to exhaust a strata title or subdivision development. All whilst in a suburb that has seen consistent growth over a long period of time with no signs of social, residential and commercial development slowing. An opportunity not to scroll past. We welcome your enquiry and would love to take you through.

Features

3 bedrooms
1 bathroom
4 carspaces
3 open car spaces
1 garage space
97 m² floor area
943 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Glenorchy over the last 12 months, the estimated median property value of 40 Paringa Road is $655k.

Median value
$655k
Estimated value range
$1 - $942k
Median days on market
20
Estimated value trend
20%
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 40 Paringa Road

2023
Rented
Undisclosed
Leased on 13 Mar 2023 by Downton Property
2023
Rented
Undisclosed
Leased on 01 Mar 2023 by Harrison Agents Hobart
2023
Sold
Undisclosed
04 Jan 2023 by Dean Millhouse, of Harrison Agents 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 78 reviews in Glenorchy over the last 12 months.

Local market activity for 3 bedroom houses in Glenorchy

In the last 12 months, 97 three-bedroom houses similar to 40 Paringa Road, have been sold.

This represents a 6% decrease in three-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 Glenorchy

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Aaron Murray

Sellers who recommend Aaron Murray have praised them for being clear communication, local expert, responsive, friendly, well-prepared, supportive and reliable

  •   4.9   (386 reviews)
  •  45 Reviews in Glenorchy
  •  34 Sales in Glenorchy
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Kevin Spaulding

Kevin Spaulding is a recommended agent for Glenorchy.  They have 7 local sales and collected 9 local reviews across the last 12 months.

  •   4.9   (209 reviews)
  •  9 Reviews in Glenorchy
  •  7 Sales in Glenorchy
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Martin Evans

Sellers who recommend Martin Evans have praised them for being clear communication, local expert, responsive, friendly, honest, supportive and reliable

  •   4.9   (124 reviews)
  •  4 Reviews in Glenorchy
  •  9 Sales in Glenorchy
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John McGregor

Sellers who recommend John McGregor have praised them for being clear communication, local expert, responsive, friendly, dedicated, supportive and reliable

  •   4.9   (73 reviews)
  •  4 Reviews in Glenorchy
  •  4 Sales in Glenorchy
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