FOR SALE
$199,000

1/60 Elizabeth Street
George Town TAS 7253

Bedrooms: 2
Bathrooms: 1
Car spaces: -
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Investment opportunity

The Phone Code for this property is: 79630. Please quote this number when phoning or texting.
Investors don't miss out on your opportunity to increase or get a start on your investment portfolio with this neat and tidy two-bedroom unit in the centre of town. Situated within easy walking distance to the main shopping district of town and the water's edge this comfortable unit, recently up dated bathroom, open plan living and two good sized bedrooms (both with built-ins). The unit is part of an four unit complex and comes with one parking space.
This unit would also make an ideal entry point to the market for someone looking for an affordable home to live in.
George Town is now developing at a very rapid pace, mainly due to the progressive industrial sector at Bell Bay. However, tourism is also now taking its place as a major contributor to attracting visitors to this seaside town. With 3 schools, a modern hospital, 2 supermarkets as well as hardware supplies and other shopping conveniences George Town is also becoming an attractive alternative to city living. There are also a number of sporting facilities, a swimming centre and social clubs. All this is only minutes from the beach only a 35-minute drive to Launceston and less than an hour to the Launceston Airport. And yes George Town has NBN Fibre to the household.
Disclaimer:
Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

Property Details for 1/60 Elizabeth St, George Town

1/60 Elizabeth St, George Town is a 2 bedroom, 1 bathroom Unit. The place is currently for sale with For Sale By Owner Australia Pty. Ltd..

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Unit

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About George Town 7253

The size of George Town is approximately 104.8 square kilometres. It has 26 parks covering nearly 26.7% of total area. The population of George Town in 2011 was 4,303 people. By 2016 the population was 4,338 showing a population growth of 0.8% in the area during that time. The predominant age group in George Town is 60-69 years. Households in George Town are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in George Town work in a labourer occupation. In 2011, 57.8% of the homes in George Town were owner-occupied compared with 59.2% in 2016.

George Town has 2,655 properties. Over the last 5 years, Houses in George Town have seen a 73.55% increase in median value, while Units have seen a 77.25% increase. As at 30 November 2024:

  • The median value for Houses in George Town is $371,362 while the median value for Units is $376,204.
  • Houses have a median rent of $380 while Units have a median rent of $290.
There are currently 62 properties listed for sale, and 12 properties listed for rent in George town on OnTheHouse. According to CoreLogic's data, 89 properties were sold in the past 12 months in George town.

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