179 Channel HighwayTaroona TAS 7053
Property Details for 179 Channel Hwy, Taroona
179 Channel Hwy, Taroona is a 6 bedroom, 2 bathroom House with 3 parking spaces and was built in 1962. The property has a land size of 2334m2 and floor size of 154m2. While the property is not currently for sale or for rent, it was last sold in August 2018.
Last Listing description (September 2018)
On offer is a rare and exciting opportunity to acquire a significant holding of 2322sqm in the popular beachside suburb of Taroona. With a substantial family home and pre-existing development approval, you have the freedom to renovate the dwelling or develop this generous parcel of land with picturesque water views.
As a development site, this property has a planning permit to demolish the existing dwelling and build 5 units comprising 3 x 2 bedroom and 2 bathroom / 2 x 3 bedroom and 2 bathroom unit. Large parcels of land with all the administration work already done are as rare as hens teeth so close to the CBD, making this an appealing opportunity for the astute investor and developer.
Alternatively, the classic 1960s home that currently occupies the block displays many quintessential features of its era and is brimming with potential. Elevated, light filled and sunny with extensive glazing throughout, an open plan living and dining room overlooks the canopy of mature trees with views extending right down to the River Derwent. A galley style kitchen with good storage and a breakfast dining or study complete the living space on this level. Four double bedrooms each with built-in robe are serviced by a central family bathroom and there is also a separate laundry.
The bottom level is currently configured as a granny flat with an open plan living, dining and kitchen, bathroom and bedroom with built-in robe as well as a laundry. There is also a single garage in addition to a second double garage/workshop on the property. In good condition throughout, a sensitive renovation would see this mid-century property restored to its former glory to create a well-proportioned and contemporary home with a relaxed, coastal vibe. Better yet, even if you keep the existing home, the land size still allows you to further develop the land (STCA) should you desire.
Property History for 179 Channel Hwy, Taroona, TAS 7053
- 17 Aug 2018Sold for $747,000
- 13 Aug 2018Listed for Sale Buyers looking in the $660,000+ price range
- 27 Jun 2017Listed for Sale Buyers looking in the $695,000+ price range
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About Taroona 7053
The size of Taroona is approximately 5.1 square kilometres. It has 7 parks covering nearly 3.2% of total area. The population of Taroona in 2016 was 3070 people. By 2021 the population was 3121 showing a population growth of 1.7% in the area during that time. The predominant age group in Taroona is 50-59 years. Households in Taroona are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Taroona work in a professional occupation.In 2021, 80.80% of the homes in Taroona were owner-occupied compared with 79.90% in 2016.
Taroona has 1,309 properties. Over the last 5 years, Houses in Taroona have seen a 13.78% increase in median value, while Units have seen a 16.25% increase. As at 31 March 2026:
- The median value for Houses in Taroona is $994,284 while the median value for Units is $569,134.
- Houses have a median rent of $733 while Units have a median rent of $465.
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