72A Penna Road, Midway Point, TAS 7171 | Property Value & History | OnTheHouse
OFF MARKET

72A Penna Road
Midway Point TAS 7171

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 452m2
Land area: 452m2
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Property Details for 72a Penna Rd, Midway Point

Building Type
Land
Floor Size
452m2
Land Size
452m2
Local Government
Sorell

Last Listing description (June 2017)

This is indeed a rare find, a 452m2 internally accessed block right on the water with beautiful uninterrupted water views in the heart of Midway Point. A perfect opportunity if you are looking to downsize to a smaller home or maybe just to build an investment unit for an extra income.
Design and build your dream retirement home to capture the sun and those amazing water views on offer or pursue the plans that are already available, specifically designed for this unique block. It is the perfect size for a low maintenance lifestyle where you can spend your day on those enjoyable pursuits and not on the lawn mower. You have a blank canvas to create your own landscaped gardens to suit whatever your lifestyle requires.
With DA approved plans included in the price and opportunity to purchase the existing home at the rear exists as well through negotiation. I would welcome all enquiry or queries you may have surrounding this.

The block is situated in a convenient area with conveniences not far away. There is the local shop, the Midway Tavern, the 24hr service station, hairdressers and transport to name a few and the Township of Sorell is only five minutes down the road. Also only approximately five minutes to the Hobart International Airport and about fifteen minutes to the CBD.

Property History for 72a Penna Rd, Midway Point, TAS 7171

A timeline of how this property has performed in the market
  • 31 Mar 2016
    Listed for Sale Offers Over $140,000
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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 1,776 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 8 properties listed for sale, and 4 properties listed for rent in Midway point on OnTheHouse. According to Cotality's data, 110 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.