FOR SALE
Offers Above $199,000

2/24 Wellington Street
George Town TAS 7253

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 70m2
Land area: 91m2
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Great First Home or Downsizer

Situated in George Town, just a short stroll to the centre of town and the waterfront, this neat two-bedroom unit will be perfect for someone looking to get their first foot in to the real estate market, with the grants currently on offer for first home buyers to do so. This property is very affordable and mortgage repayments will be very manageable in the current climate.
The property itself is very solid in structure and you can really make it your own once you move in. Having such great beaches a short drive away, and being a flat town with a very modern hospital nearby George Town is also ideal for those looking to retire to the quieter life.
The property may also be a good investment option, with a rental estimate of approximately $345 per week and with tourism increasing in the area year on year and a massive expansion planned in the industrial sector of Bell Bay. For your own private viewing call Peter Lees Real Estate today.
*Peter Lees Real Estate has used a variety of sources to obtain information relating to this property. We believe all are reliable sources and have no reason to doubt the accuracy of the information, however we cannot guarantee it. Prospective purchasers are advised to make their own enquiries.
Boundary lines are indicative only.

Property Details for 2/24 Wellington St, George Town

2/24 Wellington St, George Town is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 91m2 and floor size of 70m2. The place is currently for sale with Peter Lees Real Estate.

Building Type
Unit
Floor Size
70m2
Land Size
91m2

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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 2,650 properties. Over the last 5 years, Houses in George Town have seen a 75.82% increase in median value, while Units have seen a 67.82% increase. As at 31 October 2024:

  • The median value for Houses in George Town is $361,489 while the median value for Units is $385,565.
  • Houses have a median rent of $380 while Units have a median rent of $290.
There are currently 53 properties listed for sale, and 8 properties listed for rent in George town on OnTheHouse. According to CoreLogic's data, 97 properties were sold in the past 12 months in George town.

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