21 Whelan Dr, Herdsmans Cove is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1988. The property has a land size of 697m2 and floor size of 105m2.
Built in 1988 this attractive split level home would make a great first home or an ideal addition to your rental portfolio. Built on the top side of the road, the property captures views from Mount Wellington across the River Derwent.
Currently rented until Feb 2014 at $235.00 per week, this property is returning a gross return of 9.4%. Same tenants have been in this property since May 2011.
Herdsman's Cove was recently identified as one of Australia's highest yielding property investment locations.
The size of Herdsmans Cove is approximately 0.9 square kilometres. It has 3 parks covering nearly 37.0% of total area. The population of Herdsmans Cove in 2016 was 1120 people. By 2021 the population was 1199 showing a population growth of 7.0% in the area during that time. The predominant age group in Herdsmans Cove is 0-9 years. Households in Herdsmans Cove are primarily single parents and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Herdsmans Cove work in a community and personal service occupation.In 2021, 31.20% of the homes in Herdsmans Cove were owner-occupied compared with 29.20% in 2016.
Herdsmans Cove has 490 properties. Over the last 5 years, Houses in Herdsmans Cove have seen a 25.18% increase in median value, while Units have seen a 46.15% increase. As at 31 October 2025:
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