Back 53 George Street
Off Market

53 George Street

North Hobart TAS 7000

3
2
2
501 m²
House
Last sold for $627,000
Garry QuanGarry Quan, last sold this property on 23 December 2014 after 11 days on market.

Overview

infinite cosmopolitan potential

Constructed C1900 this Federation style house is set in a quiet street in cosmopolitan North Hobart. This charming 2 to 3 bedroom cottage plus a separate 1 bedroom studio apartment is on one title. Displaying good character this property is in excellent condition throughout and rests on a 501sqm parcel of land. Tastefully renovated with an open plan kitchen, dining and living room. Lovely use of marine plywood, and other solid rustic wood has been hand crafted throughout the home in keeping with the character. The kitchen features freestanding natural gas cooktop, natural gas hot water, classic wood heater, double glazed windows throughout and the home has been rewired and replumbed. The open living area and kitchen flows effortlessly to a private quaint rear deck and clever use of level grass space in such a medium density urban area. The separate studio apartment has also been renovated. The dining and kitchenette is open plan with attractive exposed brickwork. The living area is on a split-level and separate upstairs bedroom is spacious and has a lovely outlook. Options abound are on offer with this delightful property. It could be used as an ideal city pad or great investment with dual income streams (STCA). The current owners have previously had a DA approval to develop a further substantial dwelling or perhaps 2 units (STCA). Furthermore, this property would make a perfect short-term accommodation potential. Set in the vibrant and tightly held suburb of North Hobart. Within walking distance to all amenities include the purpose built Elizabeth Street Food + Wine store, a host of cosmopolitan cafes, restaurants, lively bars, the highly acclaimed State Cinema, ideally walking distance to The Friends' School and the city centre.

Features

3 bedrooms
2 bathrooms
2 carspaces
501 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in North Hobart over the last 12 months, the estimated median property value of 53 George Street is $900k.

Median value
$900k
Estimated value range
$465k - $1.4m
Median days on market
50
Estimated value trend
6%
increase over the last 12 months
Average days on market is based on recent, comparable sales in North Hobart. 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 53 George Street

2020
Rented
Undisclosed
Leased on 04 Dec 2020 by Elders Tasmania
2018
Rented
Undisclosed
Leased on 15 May 2018 by Elders Tasmania
2014
Sold
$627,000
Private Sale/Treaty on 23 Dec 2014 by Garry Quan, of Peterswald

Happy sellers in North Hobart

80%
80% of sellers in North Hobart reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 10 reviews in North Hobart over the last 12 months.

Local market activity for 3 bedroom houses in North Hobart

In the last 12 months, 21 three-bedroom houses similar to 53 George Street, have been sold.

This represents a 31% decrease in three-bedroom houses sales when compared to the previous 12 months.

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