5 Mcgough Street, Glenorchy TAS 7010
This property is Off Market
- The Average property price in this area is $318,187, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 13.44 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About Glenorchy
With an average age of 33, households expect an average monthly mortgage payment of $1,192 or a weekly rent payment of $380. The average family earns a weekly income of $1,292 with a typical household size of 2.4 and a 91.01% employment rate.
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Glenorchy due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Glenorchy provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Glenorchy necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
Public Transport
Peppermint Bay Cruises
MONA ferry
Hobart City (Brooke St) Ferry Terminal
Bellerive Village Ferry Terminal
Bruny Island Ferry - Kettering
Roberts Point Ferry Terminal
Tasmanian Transport Museum
Hobart Cruise Ship Terminal
General Points of Interest
Glenorchy Mountain Bike Park
Clare Street Sports Ground
Abel Tasman Fountain
Cat and Fiddle Arcade
Tasmanian Hockey Centre
Glenorchy Aquatic Centre
North Hobart Cricket Club
Elwick Racecourse
Lindisfarne War Memorial
Doone Kennedy Hobart Aquatic Centre
Population
(Country of Birth not stated 7%)
Are people healthy?
There are a recorded 1403 asthma sufferers and 753 people living with diabetes. In addition, 670 people have a heart/vascular condition and 1832 people live with three or more chronic diseases.A good place to invest in property?
Glenorchy a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Tasmania State average 45 / 100
Income
19 / 100
41 / 100
Industry
77 / 100
40 / 100
Population
76 / 100
40 / 100
House Prices
57 / 100
65 / 100
Jobs
45 / 100
38 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsGlenorchy Primary School
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Goodwood Primary School
Derwent Park, TAS, 7009 State K-6
Property Story
5 Mcgough Street, Glenorchy, Tas, 7010 is a residential property with 3 bedrooms, 1 bathrooms and 3 Parking spaces. The estimated value of this home is $465,000 while properties of this type typically sell for between $535,000 and $830,000 in this suburb. The estimated distance to the sea is 13.44km and 0.61KM to vegatation considered to be a factor in bushfire risk.Local Developments
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz 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 Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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