2/24 Elwick Rd, Glenorchy is a 2 bedroom, 1 bathroom Townhouse with 2 parking spaces. The property has a land size of 156m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in June 2019.
This well-maintained 2-bedroom brick villa unit offers an excellent investment opportunity with a current lease in place until February 2026, generating a steady rental income of $460 per week - a potential gross yield of over 5%.
Located in a highly sought-after area, the property is close to public transport and only a short distance to Glenorchy's vibrant shopping precinct, providing easy access to amenities and services.
Whether you're looking to expand your investment portfolio or enter the market with a secure, long-term rental, this unit presents a fantastic opportunity with strong rental returns and growth potential.
The size of Glenorchy is approximately 10.4 square kilometres. There are 19 parks, covering nearly 16.6% of the total area. The population of Glenorchy in 2016 was 10828 people. By 2021 the population was 12013 showing a population growth of 10.9% in the area during that time. The predominant age group in Glenorchy is 30-39 years. Households in Glenorchy are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Glenorchy work in a community and personal service occupation.In 2021, 52.50% of the homes in Glenorchy were owner-occupied compared with 54.60% in 2016.
Glenorchy has 5,666 properties. Over the last 5 years, Houses in Glenorchy have seen a 30.57% increase in median value, while Units have seen a 19.25% increase. As at 31 July 2026:
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