1/23 Bay Road, Midway Point, TAS 7171 sold on 26 March 2026 | OnTheHouse
SOLD
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Sold on 26 Mar 2026 for $525,000

1/23 Bay Road
Midway Point TAS 7171

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 72m2
Land area: 174m2
Sold By
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Kate Storey Realty
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Property Details for 1/23 Bay Rd, Midway Point

1/23 Bay Rd, Midway Point is a 2 bedroom, 1 bathroom Unit and was built in 1996. The property has a land size of 174m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 2 bedroom Unit sold in Midway Point in the last 12 months.

Building Type
Unit
Year Built
1996
Floor Size
72m2
Land Size
174m2
Local Government
Sorell
Lot/Plan
1/123994

Last Listing description (April 2026)

Getting into the property market often means compromise. Too small, too crowded, too many strata rules. Unit 1 at 23 Bay Road offers a refreshing alternative. A solid brick home with its own space, its own yard, and the freedom of no body corporate.Positioned at the front of a small two-unit development, the property offers the simplicity many buyers are searching for. With only one adjoining unit, it provides the independence and low maintenance lifestyle that makes unit living appealing.Inside, the home opens into a generous living and dining area that captures great natural light. A reverse cycle heat pump keeps the space comfortable year-round, while the open connection to the kitchen creates a practical everyday layout.The kitchen is neat and functional with good storage and bench space, making it easy to live in now while still leaving room for future updates if desired.The home features two comfortable bedrooms, with built-in storage in the main bedroom. The bathroom includes both a separate bath and shower, while the toilet is positioned separately for everyday convenience. A dedicated laundry with its own external access adds further practicality to the home.Outside, the property continues to deliver with a fully fenced backyard that is low maintenance. It is ideal for pets, a small garden, or simply enjoying some outdoor space without the upkeep of a large block.The single garage provides secure parking and additional storage, with off street parking available in the driveway.For investors, the property has previously been rented and carries a current rental appraisal of $450 to $460 per week, making it a straightforward and appealing addition to an investment portfolio.Located in the growing Midway Point community, the home sits just a few minutes from Sorell's shops, services and school, while Hobart Airport and the Hobart CBD remain an easy commute.A practical home, a smart investment, and an excellent entry point into the market.Kate Storey Realty has obtained all information in this document from sources considered to be reliable, however we cannot guarantee its accuracy. Accordingly, all interested parties should make their own enquiries to verify this information. All measurements are approximate only

Property History for 1/23 Bay Rd, Midway Point, TAS 7171

A timeline of how this property has performed in the market
Last Sold
$525,000
26 Mar 2026
Listed for Rent
$410/w
09 Dec 2022
  • 26 Mar 2026
    Sold for $525,000
  • 13 Mar 2026
    Listed for Sale Offers Around $520,000
  • 16 Jan 2026
    Listed for Rent $450 / week
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About Midway Point 7171

The size of Midway Point is approximately 2.1 square kilometres. It has 6 parks covering nearly 19.4% of total area. The population of Midway Point in 2016 was 2859 people. By 2021 the population was 3384 showing a population growth of 18.4% in the area during that time. The predominant age group in Midway Point is 30-39 years. Households in Midway Point are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Midway Point work in a clerical occupation.In 2021, 74.00% of the homes in Midway Point were owner-occupied compared with 72.70% in 2016.

Midway Point has 1,775 properties. Over the last 5 years, Houses in Midway Point have seen a 37.92% increase in median value, while Units have seen a 34.43% increase. As at 31 March 2026:

  • The median value for Houses in Midway Point is $685,981 while the median value for Units is $533,641.
  • Houses have a median rent of $600 while Units have a median rent of $450.
There are currently 10 properties listed for sale, and 3 properties listed for rent in Midway point on OnTheHouse. According to Cotality's data, 109 properties were sold in the past 12 months in Midway point.

Suburb Insights for Midway Point 7171

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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.