4/17 Verelle StreetHillcrest TAS 7320
Property Details for 4/17 Verelle St, Hillcrest
4/17 Verelle St, Hillcrest is a 3 bedroom, 1 bathroom House with 12 parking spaces and was built in 1971. The property has a land size of 144m2 and floor size of 111m2. While the property is not currently for sale or for rent, it was last sold in November 2020.
Last Listing description (January 2021)
This is a rare opportunity to purchase 3 huge strata titled 3 bedroom units. Only minutes from the CBD and a few minutes walk to the Olympic swimming pool complex, local shops and school, the building has been converted from eight small apartments to create four, three of which we are selling today. They have been strata titled and could be sold individually or as a package.
All apartments are 3 bedrooms (all with built ins), modern kitchens with stainless appliances including dishwashers, combined laundry/bathroom and large open plan living. With the smart conversation of this Brick construction, aluminium windows complex means everything is over sized as you will see from the photos, including parking for eight vehicles under carport and the space for 4-6 additional vehicles.
All these features and more make them extremely attractive to tenants, and they are rarely vacant.
All currently leased until May 2021 and returning between $215 and $220 per week.
This is a high quality investment and with plenty of potential for the astute investor over the longer term. These units tick all the boxes for the astute investor: excellent location, quality apartments with great tenants and consistently returns 6%+
Property History for 4/17 Verelle St, Hillcrest, TAS 7320
- 27 Nov 2020Sold for $560,000
- 11 Nov 2020Listed for Sale From $175,000 each
- 23 Apr 2019Sold for $150,000
Recent sales nearby
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0About Hillcrest 7320
The size of Hillcrest is approximately 0.7 square kilometres. It has 3 parks covering nearly 2.9% of total area. The population of Hillcrest in 2016 was 1042 people. By 2021 the population was 1088 showing a population growth of 4.4% in the area during that time. The predominant age group in Hillcrest is 20-29 years. Households in Hillcrest are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Hillcrest work in a labourer occupation.In 2021, 56.40% of the homes in Hillcrest were owner-occupied compared with 56.80% in 2016.
Hillcrest has 535 properties. Over the last 5 years, Houses in Hillcrest have seen a 89.80% increase in median value, while Units have seen a 60.69% increase. As at 30 November 2025:
- The median value for Houses in Hillcrest is $439,617 while the median value for Units is $353,717.
- Houses have a median rent of $420 while Units have a median rent of $185.
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