253 Cambridge Rd, Warrane is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1957. The property has a land size of 749m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in December 2025. There are other 3 bedroom House sold in Warrane in the last 12 months.
Ideally positioned in an ultra convenient location, this beautifully updated property presents a rare opportunity for investors, and developers alike. Set on a generous 749m (approx.) block, the possibilities here are endless-explore subdivision or redevelopment potential (STCA), or simply enjoy the rental yield from a popular home in a convenient locale!
The residence itself has been stylishly refurbished throughout, featuring a bright, open-plan kitchen, dining, and living area bathed in natural light. The modern kitchen overlooks the expansive rear yard-offering a clear view of future development potential.
Three well-proportioned bedrooms (including a main with built-in wardrobes), a contemporary bathroom, and a separate toilet complete the functional floorplan. Outside, the sunny, fully fenced backyard provides an excellent space, complemented by a garage/workshop for added practicality.
Conveniently located just 10 minutes from both the Hobart CBD, and close to shops, schools, and essential amenities, this property delivers strong appeal across the board.
Whether you're seeking an immediate return on investment, a long-term upside to move in down the track, or an investment with significant development potential (STCA), this opportunity is not to be missed.
Currently tenanted at $505 per week to a quality tenant until October 2026.
Taswater Rates: $1,272.48 pa (approx)
Council Rates: $1874.55 (approx)
The size of Warrane is approximately 4.0 square kilometres. It has 13 parks covering nearly 33.5% of total area. The population of Warrane in 2016 was 2431 people. By 2021 the population was 2695 showing a population growth of 10.9% in the area during that time. The predominant age group in Warrane is 20-29 years. Households in Warrane are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Warrane work in a community and personal service occupation.In 2021, 45.30% of the homes in Warrane were owner-occupied compared with 46.00% in 2016.
Warrane has 1,172 properties. Over the last 5 years, Houses in Warrane have seen a 42.04% increase in median value, while Units have seen a 36.69% increase. As at 31 December 2025:
N/A
N/A
View TrendN/A
N/A
N/A
N/A
View TrendN/A
N/A
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
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.