17/166 Penna Road, Midway Point, TAS 7171 | Property Value & History | OnTheHouse
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17/166 Penna Road
Midway Point TAS 7171

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Property Details for 17/166 Penna Rd, Midway Point

Building Type
Land
Local Government
Sorell

Last Listing description (September 2017)

Don't hesitate to take this wonderful allotment away from the market, with spectacular water and mountain views a feature, this property is a must to build your dream home.

A long entry drive opens to a reasonably level parcel with only the road and reserves between you and the wonderful ever changing water views across to Shark Point, and round to the Causeway and beyond and with the added backdrop of Mt Wellington. Imagine... relaxing with friends and family whilst taking in this spectacular view, what a lifestyle!


Design yourself a special place to take in the benefits of this often tranquil but definitely changing panorama.

Situated just minutes from local stores, child minding facilities, bus stops etc, only a 5 minutes drive from Sorell Shopping Centres, schools, doctors, dentist, chemists etc this property would make an ideal location to build a family home close to schools and all services. Only 5 minutes approx to Hobart International Airport and approx 20 minutes drive to Hobart CBD making this property perfect commuting distance from the CBD.

Offers invited and encouraged now or by no later than the close of business Friday 4th September 2015. The vendor reserves the right to accept offers at any stage. Offers invited within a preferred range of between $125,000 and $133,000.

Property History for 17/166 Penna Rd, Midway Point, TAS 7171

A timeline of how this property has performed in the market
  • 24 Jul 2015
    Listed for Sale $125,000 - $133,000
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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 1,767 properties. Over the last 5 years, Houses in Midway Point have seen a 45.23% increase in median value, while Units have seen a 59.50% increase. As at 30 November 2025:

  • The median value for Houses in Midway Point is $640,941 while the median value for Units is $540,049.
  • Houses have a median rent of $595 while Units have a median rent of $450.
There are currently 8 properties listed for sale, and 3 properties listed for rent in Midway point on OnTheHouse. According to Cotality's data, 108 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.