31 Colville StreetBattery Point TAS 7004
Property Details for 31 Colville St, Battery Point
31 Colville St, Battery Point is a 4 bedroom, 4 bathroom House with 2 parking spaces. The property has a land size of 257m2.
Last Listing description (May 2025)
Positioned in the heart of historic Battery Point, this circa 1920s block of four units are all currently leased for a seamless transition into the investment portfolio. Within easy walking distance of local cafes, restaurants and pubs, and just a short stroll from Hobart's waterfront and the popular Salamanca Strip, this is an outstanding opportunity to invest in this coveted locale.
With contemporary updated interiors and electric heating, each unit comprises a spacious living room, well-equipped kitchen, combined bathroom and laundry amenities, and a generous double bedroom with built in robes. Unit 1 and 4 have two tandem car spaces and all four units have storage lockers.
An easy care courtyard provides space to relax outdoors.
With Jackman and McRoss just around the corner for a morning coffee and everyone's favourite local Shippie's, moments from the front door, this is a sought after location offering tenants the best of city fringe living within walking distance of UTAS and Hobart's CBD.
With all the hard work done and tenants in place, this is a rare opportunity to acquire a substantial holding with solid returns in this tightly held suburb.
Solidly constructed 1920s building
Four one bedroom tenanted units
Contemporary updated interiors
OSP for two units
Storage lockers for all four units
Sought after location
Property History for 31 Colville St, Battery Point, TAS 7004
- 07 Jun 2024Listed for Sale Expressions of Interest Offers Over $1,950,000
Recent sales nearby
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0About Battery Point 7004
The size of Battery Point is approximately 0.7 square kilometres. It has 6 parks covering nearly 5.5% of total area. The population of Battery Point in 2016 was 1997 people. By 2021 the population was 2096 showing a population growth of 5.0% in the area during that time. The predominant age group in Battery Point is 20-29 years. Households in Battery Point are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Battery Point work in a professional occupation.In 2021, 50.30% of the homes in Battery Point were owner-occupied compared with 51.20% in 2016.
Battery Point has 1,748 properties. Over the last 5 years, Houses in Battery Point have seen a 29.51% increase in median value, while Units have seen a 21.05% increase. As at 31 December 2025:
- The median value for Houses in Battery Point is $1,501,133 while the median value for Units is $830,129.
- Houses have a median rent of $675 while Units have a median rent of $600.
Suburb Insights for Battery Point 7004
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