32 Penna Road, Midway Point, TAS 7171 | Property Value & History | OnTheHouse
OFF MARKET

32 Penna Road
Midway Point TAS 7171

Bedrooms: 2
Bathrooms: 1
Car spaces: 3
Floor area: 96m2
Land area: 653m2
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Property Details for 32 Penna Rd, Midway Point

32 Penna Rd, Midway Point is a 2 bedroom, 1 bathroom House with 3 parking spaces and was built in 1962. The property has a land size of 653m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
House
Year Built
1962
Floor Size
96m2
Land Size
653m2
Local Government
Sorell
Lot/Plan
35/55408

Last Listing description (August 2022)

With rising interest rates comes rising rents....so here is a great home to end your renting cycle and one that you can truly call your own! You could move straight in and add your own personal touches in time, but the big ticket items such as kitchen and bathroom have already been renovated in the past, for easy living. You also have the advantage of being able to convert the existing study/dining space back into a third bedroom, as it once was, should you need room for young children or guests down the track. In the meantime, this opens off the lounge to be the perfect study alcove, formal dining or gaming room! And the views...are just amazing! Everyone wants a water and mountain view, but these are usually afforded at a much higher price point, but not here! Wake up to enjoy the 180 degree glistening water views and ever-changing skies framed by Mt Wellington (kunyanyi), in the distance, as you prepare breakfast in the kitchen before moving out onto the deck to take in the fresh, morning air. And in the evening, you will be treated to a kaleidoscope of colours as the sun sets behind the mountain!

Flooded in natural light throughout, the interior will really surprise you once you step inside. There really is nothing that needs doing inside to make this your new home. Polished Myrtle floorboards in the lounge merge with Tas Oak floorboards in the study and hallway providing a practical, easy to clean finish to these high traffic areas. Double sliding doors open out onto a usable deck, ideal for barbeques and relaxing, and designed to make the most of the water views! You could easily put in stairs leading down into the backyard from this deck or extend this to maximise the outdoor living/entertaining space before the summer months and for easy flow to and from the backyard if you have children or a family dog.

Outside is virtually a blank canvas with established shrubs and lawn, perfect for you to make the gently sloping, enclosed backyard as high or low maintenance as you wishhow exciting!

This well presented property being a 20 minute commute from the city would make an ideal first home or a great investment opportunity down the track. Such a great opportunity to step into buying your own home.

Property History for 32 Penna Rd, Midway Point, TAS 7171

A timeline of how this property has performed in the market
Last Sold
$501,000
19 Jul 2022
Listed for Rent
$360/w
15 May 2020
  • 19 Jul 2022
    Sold for $501,000
  • 11 Jul 2022
    Listed for Sale Offers over $475,000
  • 23 Mar 2020
    Listed for Rent $360 / 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 1,767 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 11 properties listed for sale, and 5 properties listed for rent in Midway point on OnTheHouse. According to Cotality's data, 105 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.