FOR SALE
Best Offer Over $549,000

107 Wildor Crescent
Ravenswood TAS 7250

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 98m2
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Extraordinary Rental Return Potential

This renovated 1950s home, complete with a brand new self-contained unit, offers a blend of vintage style and modern convenience. It offers a fantastic potential rental return close to 8% with the rear unit already with a lease in place until 5/9/25.
Enjoying picturesque views over the North Esk River basin and city skyline, this delightful property offers the best of both worlds: a renovated main house with three bedrooms, an open-plan kitchen with brand new appliances (including double Smeg ovens!), fresh paint and high ceilings with classic picture rails plus the brand-new unit includes a kitchenette, separate bedroom and bathroom, ideal for guests, additional family members or for creating an income as short or longer term rental.
The property offers off-street parking and is close to everything you need. Just a 4-minute drive to Launceston CBD, Mowbray Shopping Centre, shops and schools.
Key Features:
• Renovated 1950's charming home with brand new separate self-contained unit
• Standalone title - not strata (already with a lease in place at $350pw incl utilities)
• Excellent investment - potential Airbnb for side income (STCA) or dual tenancies
• Lovely outlook over the North Esk River basin and across the city
• Refurbished, open plan kitchen/dining features new appliances including two Smeg ovens
• Brand new kitchenette in the unit
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Property Details for 107 Wildor Cres, Ravenswood

107 Wildor Cres, Ravenswood is a 3 bedroom, 2 bathroom House with 1 parking spaces. The property has a floor size of 98m2. The place is currently for sale with Harcourts Launceston.

Building Type
House
Floor Size
98m2

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About Ravenswood 7250

The size of Ravenswood is approximately 10.2 square kilometres. It has 6 parks covering nearly 8.7% of total area. The population of Ravenswood in 2011 was 3,974 people. By 2016 the population was 3,604 showing a population decline of 9.3% in the area during that time. The predominant age group in Ravenswood is 0-9 years. Households in Ravenswood are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ravenswood work in a labourer occupation. In 2011, 47.2% of the homes in Ravenswood were owner-occupied compared with 47.1% in 2016.

Ravenswood has 1,565 properties. Over the last 5 years, Houses in Ravenswood have seen a 88.24% increase in median value, while Units have seen a 97.65% increase. As at 31 October 2024:

  • The median value for Houses in Ravenswood is $369,640 while the median value for Units is $285,141.
  • Houses have a median rent of $400 while Units have a median rent of $300.
There are currently 10 properties listed for sale, and 4 properties listed for rent in Ravenswood on OnTheHouse. According to CoreLogic's data, 43 properties were sold in the past 12 months in Ravenswood.

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Jeremy Wilkinson
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Harcourts Launceston
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