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Sold on 24 Jul 2024 for $342,000

151 Franklin Street
George Town TAS 7253

Bedrooms: 3
Bathrooms: 1
Car spaces: 6
Floor area: 83m2
Land area: 1126m2
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Property Details for 151 Franklin St, George Town

151 Franklin St, George Town is a 3 bedroom, 1 bathroom House with 6 parking spaces. The property has a land size of 1126m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom House sold in George Town in the last 12 months.

Building Type
House
Floor Size
83m2
Land Size
1126m2
Local Government
George Town
Lot/Plan
5/14516

Last Listing description (July 2024)

This solid 3-bedroom, 1-bathroom house located at 151 Franklin Street in George Town is the perfect family home or a great investment. With a huge land area of 1126 sqm (approx), there is plenty of room for outdoor activities and entertaining. The property boasts a large garage with space for 4 vehicles. Built in 1955, this house has been well-maintained and offers a cozy and inviting atmosphere. The property is ideally located, being within easy walking distance of the Port Dalrymple School and only a short drive from the town centre/medical facilities.

This property is an ideal investment property to add to your new or existing property portfolio with tenants currently in place. The property is currently leased at $350 per week and is up for renewal in January 2025 .

George Town has a lot to offer with 3 schools, a modern hospital, 2 supermarkets as well as hardware supplies and other shopping conveniences. There are also several sporting facilities, a swimming centre and social clubs. All this is only minutes from the beach and only a 35 minute drive to Launceston and less than one hour to the Launceston Airport.

Development in the area is at an all-time high with tourism on the increase due to the area's historical significance as well as its beautiful coastline and beaches and more recently the completion of the international standard Mountain Bike trails (with approx 80km of network). However, the main contributor to the areas development & growth is due to the attracted interest in the Bell Bay Advanced Manufacturing Zone (Tasmania's largest shipping port) which is located approximately 5km south of George Town. All these things together have created a building boom in the area and are attracting new residents to make this municipality their home.

Priced at Offers Over $339,000, this property is a great investment opportunity for those looking to settle down in a peaceful and family-friendly neighbourhood. Don't miss out on the chance to make this house your new home. Contact us today to schedule a viewing! For more information contact David Woods or Melissa Bennett at Harcourts East Tamar.

Harcourts East Tamar has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations.

Rent: $350 p.wk
Lease; 30 Jan. 2025
House size: 83 sqm
Land size: 1,126 sqm
Built: 1955
Council rates: approx. $ 1,800 pa
Heritage listed: No

Property History for 151 Franklin St, George Town, TAS 7253

A timeline of how this property has performed in the market
Last Sold
$342,000
24 Jul 2024
Listed for Rent
$350/w
24 Nov 2023
  • 24 Jul 2024
    Sold for $342,000
  • 13 May 2024
    Listed for Sale Offers Over $339,000
  • 27 Oct 2023
    Listed for Rent $350 / week
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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 2,649 properties. Over the last 5 years, Houses in George Town have seen a 84.21% increase in median value, while Units have seen a 88.96% increase. As at 31 August 2024:

  • The median value for Houses in George Town is $372,023 while the median value for Units is $380,543.
  • Houses have a median rent of $380 while Units have a median rent of $270.
There are currently 56 properties listed for sale, and 9 properties listed for rent in George town on OnTheHouse. According to CoreLogic's data, 102 properties were sold in the past 12 months in George town.

Suburb Insights for George Town 7253

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Contact agent
David Woods
Show contact details
Melissa Bennett
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Harcourts East Tamar
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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.