1/29a Elwick Rd, Glenorchy is a 1 bedroom, 1 bathroom Unit and was built in 1960. The property has a land size of 42m2 and floor size of 40m2. While the property is not currently for sale or for rent, it was last sold in November 2019.
This affordable Unit ticks all the boxes for a low maintenance investment. It is a short walk from the shops and services in Glenorchy and just a 15 minute drive to Hobart. \nCurrently leased to a long term tenant and a high level of demand for rentals in Glenorchy this is a low risk investment with a strong return.\n\nSet back from the road at the rear of the complex, the unit comprises of an open plan kitchen, dining and living area that leads through to the double bedroom with adjoining bathroom. The glass frontage and northerly aspect ensures the unit gets lots of sun.\n\nThere is plenty of parking in front of the units on the shared driveway, and a communal grass area with clothesline to the rear. \n\nCurrently tenanted at $180 per week until June 2020\nCouncil Rates: $862.00 per annum approx.\nWater Rates: $1,080.00 per annum approx.\n\nAvailable to view via private inspection. Contact Mark for more information today!\n\nDisclaimer: The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify.
The size of Glenorchy is approximately 10.4 square kilometres. It has 19 parks covering nearly 16.6% of 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 5,655 properties. Over the last 5 years, Houses in Glenorchy have seen a 43.96% increase in median value, while Units have seen a 30.36% increase. As at 31 March 2026:
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