Back 5 Schouten St
Off Market

5 Schouten St

Warrane TAS 7018

3
1
2
135 m²
850 m²
House
Last sold for $281,000
Ben PalmerBen Palmer, last sold this property on 02 March 2017 after 2 days on market.

Overview

Renovate, Develop and Reap the Rewards

Much loved family home now ripe for development on the western end of Schouten Street Warrane, only 900 metres walk to Eastlands shopping centre and all that Rosny Park has to offer. This property fits all the current planning scheme criteria to enable the construction of an additional dwelling at the rear of the near flat 835m2 block, subject to council approvals. Built as solid as a rock, the home features three bedrooms and Tas-oak floorboards under the existing carpet. The weatherboards are in excellent condition, and every window has been replaced with powder coated aluminium frames and new glass. Current rental value is in the vicinity of $275 per week, but with a new kitchen and bathroom would be well into to $300 per week territory. Properties with development potential in this area are becoming increasingly hard to find within walking distance to many services, and only 8 minutes drive to the Hobart CBD.

Features

3 bedrooms
1 bathroom
2 carspaces
135 m² floor area
850 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Warrane over the last 12 months, the estimated median property value of 5 Schouten St is $585.5k.

Median value
$585.5k
Estimated value range
$450k - $750k
Median days on market
20
Estimated value trend
6%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Warrane. 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 Schouten St

2019
Rented
Undisclosed
Leased on 02 May 2019 by Raine & Horne Eastern Shore
2017
Sold
$281,000
Private Sale/Treaty on 02 Mar 2017 by Ben Palmer, of ONE Agency Hobart

Happy sellers in Warrane

87%
87% of sellers in Warrane reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 6 reviews in Warrane over the last 12 months.

Local market activity for 3 bedroom houses in Warrane

In the last 12 months, 29 three-bedroom houses similar to 5 Schouten St, have been sold.

This represents a 8% decrease in three-bedroom houses sales when compared to the previous 12 months.

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