2 Balemo StreetSouth Arm TAS 7022
Property Details for 2 Balemo St, South Arm
2 Balemo St, South Arm is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 2020. The property has a land size of 501m2 and floor size of 202m2. While the property is not currently for sale or for rent, it was last sold in June 2018.
Last Listing description (August 2025)
South Arm is a charming community offering a local primary school, general store, chemist, caf, hair salon, and the combined RSL and Iron Pot Golf Club. Larger shopping areas in Lauderdale and Rosny Park are just a 15-minute drive away, with the Hobart CBD only 45 minutes away. This tranquil area is set for growth, especially with the Arm End Golf Course nearing completion, making this an excellent investment opportunity with a potential 6.65% short stay yield.
This stunning, modern coastal home, completed in 2022, is set in a prime South Arm location with direct access to Half Moon Bay Beach. Designed for family living, it features natural light, Tasmanian Oak floorboards, high-end wool carpet, and neutral tones throughout. Upon entry, a built-in mudroom offers storage and seating, perfect for beach days. Nearby, floor-to-ceiling cupboards provide space for coats and wetsuits.
The open-plan kitchen, dining, and living area includes a large island bench, study nook, and a butler's pantry with high-end appliances, stone benchtops, and ample storage. The living space flows seamlessly to a timber deck, ideal for entertaining. A functional laundry, powder room, and internal access to the garage complete the downstairs.
The master bedroom has a walk-in wardrobe and an ensuite with terrazzo tiles and a walk-in shower. Upstairs are three generous bedrooms, all with built-in wardrobes, along with a main bathroom featuring a free-standing bath and shower. A second living area offers stunning sunset views.
The home is equipped with double-glazed windows and ducted heating, with zoned temperature control. The low-maintenance backyard includes an outdoor shower, two 5,000L water tanks, and an AES septic system.
Approximate Annual Rental Returns:
Long-term rental: $29,792
Short Stay (Conservative Estimate): $62,300
Short Stay (Optimal Estimate): $76,500
Property History for 2 Balemo St, South Arm, TAS 7022
- 14 Jul 2024Listed for Sale Offers Over $1.05m
- 06 Jun 2018Sold for $105,000
- 24 Nov 2003Sold for $40,000
Recent sales nearby
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About South Arm 7022
The size of South Arm is approximately 9.2 square kilometres. It has 5 parks covering nearly 4.0% of total area. The population of South Arm in 2016 was 880 people. By 2021 the population was 963 showing a population growth of 9.4% in the area during that time. The predominant age group in South Arm is 60-69 years. Households in South Arm are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in South Arm work in a professional occupation.In 2021, 86.20% of the homes in South Arm were owner-occupied compared with 81.20% in 2016.
South Arm has 578 properties. Over the last 5 years, Houses in South Arm have seen a 40.78% increase in median value. As at 31 March 2026:
- The median value for Houses in South Arm is $840,398 while the median value for Units is $875,791.
- Houses have a median rent of $403.
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