5/23 Balmain Street, Glenorchy, TAS 7010 | Property Value & History | OnTheHouse
OFF MARKET

5/23 Balmain Street
Glenorchy TAS 7010

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 88m2
Land area: 270m2
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Property Details for 5/23 Balmain St, Glenorchy

5/23 Balmain St, Glenorchy is a 2 bedroom, 1 bathroom Townhouse with 2 parking spaces and was built in 2015. The property has a land size of 270m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
Townhouse
Year Built
2015
Floor Size
88m2
Land Size
270m2
Local Government
Glenorchy
Lot/Plan
5/168962

Last Listing description (January 2022)

This immaculate 2-bedroom unit is in the highly sought-after location of Glenorchy.

The modern unit features an open plan kitchen, living and dining, with ample cupboard space and a dishwasher to make life easy. There are 2 good sized carpeted bedrooms with built ins and a wall mounted plasma tv in both rooms to enjoy.

The bathroom has a bright modern feel, featuring a separate shower and bath.
Heating is via a reverse cycle heat pump ensuring year-round comfort.

A great addition to this unit is the electric single garage that has internal access.
There is a small yard and landscaped gardens, with a patio area for enjoying the sun just off the lounge/dining area.

This unit is in a great location, a short 10-minute walk to Northgate shopping center, everything you need is very close by!

This fantastic unit is available to rent for $490 Per Week. Contact Elle Crowther for your private inspection today!

Property History for 5/23 Balmain St, Glenorchy, TAS 7010

A timeline of how this property has performed in the market
Last Sold
$500,000
10 Nov 2021
Listed for Rent
$490/w
04 Jan 2022
  • 20 Dec 2021
    Listed for Rent $490 / week
  • 10 Nov 2021
    Sold for $500,000
  • 16 Feb 2016
    Listed for Rent - Price not available
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About Glenorchy 7010

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 5,656 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:

  • The median value for Houses in Glenorchy is $636,355 while the median value for Units is $481,188.
  • Houses have a median rent of $570 while Units have a median rent of $470.
There are currently 27 properties listed for sale, and 10 properties listed for rent in Glenorchy on OnTheHouse. According to Cotality's data, 261 properties were sold in the past 12 months in Glenorchy.

Suburb Insights for Glenorchy 7010

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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.