Back 5 Loinah Crescent
Off Market

5 Loinah Crescent

Montagu Bay TAS 7018

3
1
2
100 m²
712 m²
House
Last sold for $698,000
Leah WarrenLeah Warren, last sold this property on 07 July 2026 after 34 days on market.

Overview

Solid Foundations, Endless Potential in Tightly Held Montagu Bay

Offered to the market for the first time in over 60 years, this much-loved brick home presents a rare opportunity to secure a foothold in one of the Eastern Shore's most convenient and tightly held locations. Positioned on a generous allotment, the home offers three bedrooms, one bathroom and a practical floorplan that has served its owners well for decades. Comfortable as is, yet largely original throughout, the property provides an exciting blank canvas for those looking to renovate, modernise and add significant value over time. Whether you're a first home buyer searching for an affordable entry into the Montagu Bay market, a builder or tradesperson seeking your next project, or an investor recognising the value of location and future growth potential, this is a property that rewards vision. Solidly constructed in brick and held by the same owner for more than three decades, the home offers the kind of opportunity becoming increasingly difficult to find. The foundations are here, the location is exceptional, and the potential is undeniable. Conveniently located just minutes from Eastlands Shopping Centre, local schools, parks, public transport and Hobart's CBD, you'll enjoy all the benefits of Eastern Shore living while securing a property with the scope to transform into something truly special. Properties in Montagu Bay are tightly held for good reason. This is your chance to secure a home in a sought-after location, update at your own pace and reap the rewards for years to come. Whether you're looking to move in, renovate, invest or create your dream home, 5 Loinah Crescent offers position, potential and possibility in equal measure. Features: First time offered in over 60 years Solid brick construction Three-bedroom family home Original condition with scope to renovate and modernise Generous allotment with future potential Ideal for first home buyers, renovators and investors Convenient Eastern Shore location Minutes to Eastlands, schools and services Easy access to Hobart CBD Rare opportunity in tightly held Montagu Bay Bring your vision, unlock the potential and secure your future in one of the Eastern Shore's most desirable locations.

Features

3 bedrooms
1 bathroom
2 carspaces
2 garage spaces
100 m² floor area
712 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Montagu Bay over the last 12 months, the estimated median property value of 5 Loinah Crescent is $741.5k.

Median value
$741.5k
Estimated value range
$680k - $883.7k
Median days on market
21
Estimated value trend
18%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Montagu Bay. 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 5 Loinah Crescent

2026
Sold
$698,000
07 Jul 2026 by Leah Warren, of Petrusma Property - Hobart/ Sandy Bay

Happy sellers in Montagu Bay

94%
94% of sellers in Montagu Bay reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 3 reviews in Montagu Bay over the last 12 months.

Local market activity for 3 bedroom houses in Montagu Bay

In the last 12 months, 7 three-bedroom houses similar to 5 Loinah Crescent, have been sold.

This represents a 300% decrease in three-bedroom houses sales when compared to the previous 12 months.

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