5 Fenwick CrescentDerwent Park TAS 7009
Property Details for 5 Fenwick Cres, Derwent Park
5 Fenwick Cres, Derwent Park is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1947. The property has a land size of 594m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in December 2015.
Last Listing description (April 2016)
For a knowledgeable investor or anyone who knows a bargain when they see one, this property is an absolute no-brainer! The profit potential is enormous. Prince of Wales Bay is a 10-minute drive from the city and approximately 6.5km from the CBD. To find a spacious three bedroom home so close to the city for this price is absolutely unheard of.
All this home needs is a lick of paint and garden makeover to make it smart and appealing. The expensive renovations have all been completed. The brand new kitchen is gleaming and modern. The bathroom has been renovated and the whole home has been made wheelchair accessible. There is a carport, workshop and garden shed. The grounds have endless potential and require minimal work. This property is located in that small area close to the waterfront of Prince of Wales Bay.
This house should easily rent for $300 per week after a small touch up. The first serious buyer to see this golden investment opportunity will snap it up. Don t miss out. This really is a very rare find.
Property History for 5 Fenwick Cres, Derwent Park, TAS 7009
- 08 Dec 2015Sold for $256,000
- 02 Dec 2015Listed for Sale $250,000+
- 03 Oct 2005Sold for $183,000
Recent sales nearby
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0About Derwent Park 7009
The size of Derwent Park is approximately 1.7 square kilometres. There are 3 parks, covering nearly 5.4% of the total area. The population of Derwent Park in 2016 was 657 people. By 2021 the population was 872 showing a population growth of 32.7% in the area during that time. The predominant age group in Derwent Park is 30-39 years. Households in Derwent Park are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Derwent Park work in a community and personal service occupation.In 2021, 54.60% of the homes in Derwent Park were owner-occupied compared with 60.10% in 2016.
Derwent Park has 628 properties. Over the last 5 years, Houses in Derwent Park have seen a 34.92% increase in median value, while Units have seen a 56.01% increase. As at 30 June 2026:
- The median value for Houses in Derwent Park is $675,238 while the median value for Units is $640,943.
- Houses have a median rent of $580.
Suburb Insights for Derwent Park 7009
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