SOLD
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Sold on 15 Dec 2023 for $335,000

1 Duke Avenue
George Town TAS 7253

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 97m2
Land area: 650m2
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Property Details for 1 Duke Ave, George Town

1 Duke Ave, George Town is a 3 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 650m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 3 bedroom House sold in George Town in the last 12 months.

Building Type
House
Floor Size
97m2
Land Size
650m2
Local Government
George Town
Lot/Plan
20/60917

Last Listing description (December 2023)

Nestled in the heart of George Town, Tasmania, 1 Duke Avenue stands as a testament to comfortable living. This charming property boasts 3 bedrooms, 1 bathroom, and a convenient 2-car garage, making it perfect for families seeking space and functionality. Built with enduring brick, the home is designed for low-maintenance living, allowing you to enjoy the tranquility of your surroundings without the hassle of constant upkeep.

One of the standout features of this property is its modern amenities. Equipped with NBN-ready, high-speed internet connectivity via fibre to the premise, staying connected with the world is effortless. The Dakin reverse cycle heating ensures year-round comfort, making the home cozy in winter and cool in summer.

Located in the highly sought-after South George Town area, the property enjoys a prime position in a family-friendly neighborhood. Nearby, you'll find a spacious garden shed and a secure large double garage, providing ample storage space for all your needs.

Over the past two to three years, several noteworthy upgrades have been implemented in the property;

- A new split system has been installed.
- Fresh carpeting has been laid.
- A new hot water system has been put in place.
- Two brand-new fences have been erected.
- Recently installed brand-new blinds enhance the interior.
- A new shower screen has been added.
- Additionally, the roof was replaced shortly before our purchase of the property in 2017.

Investors will be pleased to know that this property offers an attractive rental return, with an estimated income ranging from $360 to $370 per week. Additionally, George Town itself is undergoing significant developments in tourism and industry, promising a bright future for the area.

In summary, 1 Duke Avenue presents a rare opportunity to own a well-maintained, modern home in a thriving community. Its strategic location, combined with the allure of George Town's ongoing growth, makes it an ideal choice for families and investors alike.

Contact Kyle Barrett to arrange your inspection.

*We have in preparing this document used our best endeavours to ensure the information is true & accurate. Prospective purchaser are advised to carry out their own investigations.

Property History for 1 Duke Ave, George Town, TAS 7253

A timeline of how this property has performed in the market
Last Sold
$335,000
15 Dec 2023
Listed for Rent
$365/w
14 Nov 2023
  • 31 Jan 2024
    Listed for Rent $340 / week
  • 06 Dec 2023
    Sold for $335,000
  • 09 Nov 2023
    Listed for Sale $349,000 Negotiable
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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, 98 properties were sold in the past 12 months in George town.

Suburb Insights for George Town 7253

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Contact agent
Kyle Barrett
Show contact details
Parry Real Estate Pty Ltd - PROSPECT
Preferred contact:
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.