Back Lot 16 Magus Terrace
Off Market

Lot 16 Magus Terrace

Old Beach TAS 7017

539 m²
Land
Mel ShuttMel Shutt, last sold this property on 19 August 2026 after 210 days on market.

Overview

Desirable location

Positioned off Fouche Avenue this level allotment of 539 sqm offers a wonderful opportunity to design and build your new home. Capturing views of kunanyi/Mt Wellington, the river Derwent and the western shore of Hobart this established family friendly locale is hard to look past. With central Hobart a mere 20 minutes away by car there is also a regular bus with a bus stop conveniently positioned around the corner, as well as several shopping complexes in nearby suburbs. Lennox Park is a fantastic recreation area with sporting facilities and adjacent playground and bike track - all only 5 minutes' walk away. There is also easy access to the local boat ramp and jetty and the foreshore reserve trail that meanders along the water's edge encompassing saltmarshes, water vistas and fascinating wildlife including pelicans, dolphins, and seals - a spectacular way to enjoy the fresh air and outdoors. A popular location amongst quality homes and with an ideal aspect to capture the sun and views, this appealing parcel of land ticks so many boxes. Lot 16 is subject to final survey for exact block size, subject to issue of title expected to be July/August 2026. Contact Mel today to obtain further information. We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Features

539 m² lot size
Land

Estimated Value

Based on this property and similar land plots sold in Old Beach over the last 12 months, the estimated median property value of Lot 16 Magus Terrace is $260k.

Median value
$260k
Estimated value range
$245k - $285k
Median days on market
152
Estimated value trend
1%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Old Beach. 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 Lot 16 Magus Terrace

2026
Sold
Undisclosed
19 Aug 2026 by Mel Shutt, of Ripple Realty Pty Ltd - HOBART

Happy sellers in Old Beach

93%
93% of sellers in Old Beach reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 19 reviews in Old Beach over the last 12 months.

Local market activity for land plots in Old Beach

In the last 12 months, 5 land plots similar to Lot 16 Magus Terrace, have been sold.

This represents a 50% decrease in land plots sales when compared to the previous 12 months.

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