OFF MARKET

27/47 North Terrace
Burnie TAS 7320

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 49m2
Land area: 48m2
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Property Details for 27/47 North Tce, Burnie

27/47 North Tce, Burnie is a 1 bedroom, 1 bathroom House and was built in 1961. The property has a land size of 48m2 and floor size of 49m2. While the property is not currently for sale or for rent, it was last sold in October 2007.

Building Type
House
Year Built
1961
Floor Size
49m2
Land Size
48m2
Local Government
Burnie
Lot/Plan
172/138463

Last Listing description (March 2024)

Currently let $200pw, but current market rent estimate $220pw-$240.
Situated just a short walk to Burnie's CBD, the Waterfront, University, cafes and more- is this fantastic entry level opportunity.
This is a very real opportunity to get your foot in the door of the property market or add to your existing portfolio with this - fairly priced piece of real estate

Currently rented at $200p/w *until October 2024, you can let the tenant pay the mortgage for now or for first home buyers, you might be able to advise the tenant that you'll eventually like to move in to give them an opportunity to move on sooner (however note that the tenant is legally allowed to stay for the duration of their lease).
Note-Our property management department estimate current weekly rent should be a minimum of $220pw -$240pw

Located on the ground floor you need not worry about stairs. It is in original condition but is neat and tidy, ready for you to put your own stamp on it or just move in and enjoy the lifestyle that living so close to town offers. Leave the car at home with space for shared parking in the complex.

You'll also enjoy a snippet of sea view from the property but the real draw card here is that just across the road you can dip your toe in ocean, go for a surf, watch the fairy penguins along the boardwalk, hit the shops or enjoy dinner at one of the many lovely cafes or restaurants.
This building has recently underground an extensive exterior repainting including all fire stairs and balconies.

While we use all reasonable endeavours to verify the information contained herein, we cannot guarantee that it is entirely accurate. The information provided is obtained through various sources, all of which we consider to be reliable however given the nature of 'buyer beware' in Tasmania, it is recommended that prospective purchasers conduct their own investigations in addition to information provided to them by the agency.

Property History for 27/47 North Tce, Burnie, TAS 7320

A timeline of how this property has performed in the market
Last Sold
$86,500
24 Oct 2007
Listed for Rent
$164/w
19 Jan 2021
  • 27 Jul 2023
    Listed for Sale $199,000
  • 23 Dec 2020
    Listed for Rent $165 / week
  • 28 Nov 2019
    Listed for Rent - Price not available
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About Burnie 7320

The size of Burnie is approximately 1.4 square kilometres. It has 3 parks covering nearly 7.6% of total area. The population of Burnie in 2011 was 696 people. By 2016 the population was 616 showing a population decline of 11.5% in the area during that time. The predominant age group in Burnie is 60-69 years. Households in Burnie are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Burnie work in a professional occupation. In 2011, 43.8% of the homes in Burnie were owner-occupied compared with 46.3% in 2016.

Burnie has 866 properties. Over the last 5 years, Houses in Burnie have seen a 80.04% increase in median value, while Units have seen a 64.00% increase. As at 31 October 2024:

  • The median value for Houses in Burnie is $455,105 while the median value for Units is $341,956.
  • Houses have a median rent of $370 while Units have a median rent of $278.
There are currently 11 properties listed for sale, and no properties listed for rent in Burnie on OnTheHouse. According to CoreLogic's data, 29 properties were sold in the past 12 months in Burnie.

Suburb Insights for Burnie 7320

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.