FOR SALE
$150,000

40 Warring Street
Ravenswood TAS 7250

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 731m2
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Development Opportunity!

Here's your chance to secure a development site in the heart of Ravenswood! This flat land parcel offers an opportunity for builders or investors, with the previous Development Authority approval for two dwellings, the groundwork is already laid for a fantastic project.
Affordable housing is in high demand, making this an ideal site for a new home build or units - subject to council approval.
Situated in a great location, within easy walking distance to schools, shops, and essential services, while being just a 5-minute drive to Launceston CBD. The property is also on a convenient bus route, making it an attractive option for a wide range of buyers.
Don't miss out on this affordable, well-positioned site. Contact us today for more information.
Exising House size: 130m² *The existing fire damaged structure has been partially cleaned up
Land size: 731m²
Rates: $550 approx. p/a
Council Zoning: General Residential
Council: Launceston City
Heritage listed: No
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Property Details for 40 Warring St, Ravenswood

Building Type
Land
Land Size
731m2

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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 1,568 properties. Over the last 5 years, Houses in Ravenswood have seen a 88.66% increase in median value, while Units have seen a 129.66% increase. As at 30 September 2024:

  • The median value for Houses in Ravenswood is $355,624 while the median value for Units is $326,666.
  • Houses have a median rent of $400 while Units have a median rent of $300.
There are currently 9 properties listed for sale, and 2 properties listed for rent in Ravenswood on OnTheHouse. According to CoreLogic's data, 49 properties were sold in the past 12 months in Ravenswood.

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David Hernyk
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Claire Coleman
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Harcourts Launceston
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