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1 Garfield Road, Glenorchy$1.50m
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1 Garfield Road

Glenorchy, TAS 7010, Australia
$1.50m
9677 m²

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About this property

An exceptional opportunity awaits investors and developers at 1 Garfield Road, Glenorchy â a substantial parcel of land with Development Approval (DA) in place for 24 modern dwellings. Set in the heart of one of Hobartâs fastest-growing suburbs, this is a rare chance to secure a development-ready site in a thriving residential market. Property Features: * Land Size: Generous allotment offering excellent development flexibility * DA Approved: Featuring 24 dwellings * Zoning: General Residential, offering strong development potential * Access: Wide street frontage and ease of access to services Development Highlights: * A mix of townhouses and units designed to meet growing demand for quality housing in the area *Thoughtfully planned layout maximising space, light, and privacy Potential for staged development or turnkey investment project Civil quotes available on request Location Benefits: * 5 minutes to Glenorchyâs central shopping precinct and services * Easy access to public transport, schools, parks, and the Brooker Highway * Approximately 15 minutes to Hobart CBD, making it attractive to city professionals and families alike * With the latest interest rate cuts huge resell potential for the investor/first home buyer market * Whether you're an experienced developer or looking to secure your next high-return project, 1 Garfield Road presents a compelling mix of location, design, and investment potential. The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information.

Property Details

Property Type
land
Listing Type
For Sale
Land Area
9677 m²
Listed
3 months ago

Repayment calculator

$7,272/month
$3,636 /fortnight
Loan $1,200,000 at 6.10% over 30 years

Upfront costs

Deposit$300,000
Stamp duty$62,685
Conveyancing (est.)$2,000
Total upfront$364,685
Verify with TAS revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Glenorchy

This land in Glenorchy, TAS 7010 sits within reach of public transport, local shops and nearby schools. It is listed 188% above the $520,000 median of 50 comparable landswithin 5 km.

Schools near Glenorchy

  • Dominic Collegecombined · Prep-10 · CoEd
  • Glenorchy Primary Schoolprimary · K-6 · CoEd
  • Cosgrove High Schoolsecondary · 7-12 · CoEd
  • Guilford Young Collegesecondary · 11-12 · CoEd
  • Indie School - Glenorchysecondary · 9-12 · CoEd

What's nearby

  • Hull St Stop 27 Out (bus)1.2 km away
  • MSY Technology874 m away
  • Unnamed829 m away
  • Chapel Street Reserve1.1 km away
  • Unnamed1.2 km away

Glenorchy at a glance

Full suburb profile
Population
12,013
Median age
35
Household income
$1,143/wk
Median rent
$320/wk
Median mortgage
$1,300/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Glenorchy price trend

Median sold · House 3 bed

Compound growth +1.8% / yr over 4 yrs

$645kcurrent median

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Price history

Price history

Listing price changes

1 price change recorded for this property

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