129 Wells Parade, Blackmans Bay, TAS 7052 | Property Value & History | OnTheHouse
OFF MARKET

129 Wells Parade
Blackmans Bay TAS 7052

Bedrooms: 5
Bathrooms: 2
Car spaces: 6
Floor area: 214m2
Land area: 667m2
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Property Details for 129 Wells Pde, Blackmans Bay

129 Wells Pde, Blackmans Bay is a 5 bedroom, 2 bathroom House with 6 parking spaces and was built in 1976. The property has a land size of 667m2 and floor size of 214m2. While the property is not currently for sale or for rent, it was last sold in October 2024.

Building Type
House
Year Built
1976
Floor Size
214m2
Land Size
667m2
Local Government
Kingborough
Lot/Plan
317/6935

Last Listing description (February 2025)

Imagine coming home to a peaceful retreat in the heart of Blackmans Bay, where every day feels like a breeze by the ocean. At 129 Wells Parade, this is more than a house – it's a haven for family life and a prime investment opportunity.

This spacious dual-living property on a 667m² block offers flexibility for large families, investors, or those seeking a multi-generational setup. Whether you envision a bustling household or an income-generating property, this home has it all.

The upper level welcomes you with an open-plan living, dining, and kitchen area filled with natural light. Modern timber flooring, sleek stone benchtops, and stainless steel appliances create a cozy yet stylish space. A nearby sunroom is perfect for morning coffee or gatherings. With three spacious bedrooms, all with built-in wardrobes, and a contemporary bathroom, there's room for everyone. Outside, a large deck and private backyard offer the perfect setting for BBQs, games, and stargazing.

Downstairs, a self-contained two-bedroom flat provides space for older children, grandparents, or extra income, with its own kitchen, modern appliances, and a study. Internal access between levels allows for adaptable living.

For investors, leasing both levels—$635 per week for the upper and $400 for the lower—offers a solid income stream. A 6x9 double car garage is divided for private parking and storage for each residence.

Just a 3-minute walk from Illawarra Primary School and five minutes to Blackmans Bay Beach, this home is in a vibrant community with shops, parks, and restaurants nearby. Rates are approximately $2,700 per annum.

Whether you're a family or an investor, 129 Wells Parade offers a rare opportunity. Call Simon or Taya today to arrange your viewing.

Property History for 129 Wells Pde, Blackmans Bay, TAS 7052

A timeline of how this property has performed in the market
Last Sold
$962,000
18 Oct 2024
  • 18 Oct 2024
    Sold for $962,000
  • 30 Sep 2024
    Listed for Sale Sold
  • 25 Jun 2024
    Listed for Sale Offers Over $985,000
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About Blackmans Bay 7052

The size of Blackmans Bay is approximately 6.2 square kilometres. There are 13 parks, covering nearly 6.2% of the total area. The population of Blackmans Bay in 2016 was 7145 people. By 2021 the population was 7688 showing a population growth of 7.6% in the area during that time. The predominant age group in Blackmans Bay is 60-69 years. Households in Blackmans Bay are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Blackmans Bay work in a professional occupation.In 2021, 76.80% of the homes in Blackmans Bay were owner-occupied compared with 76.80% in 2016.

Blackmans Bay has 3,431 properties. Over the last 5 years, Houses in Blackmans Bay have seen a 18.79% increase in median value, while Units have seen a 24.24% increase. As at 30 June 2026:

  • The median value for Houses in Blackmans Bay is $944,499 while the median value for Units is $651,411.
  • Houses have a median rent of $650 while Units have a median rent of $543.
There are currently 9 properties listed for sale, and 3 properties listed for rent in Blackmans bay on OnTheHouse. According to Cotality's data, 123 properties were sold in the past 12 months in Blackmans bay.

Suburb Insights for Blackmans Bay 7052

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.