OFF MARKET

24 Wellington Street
George Town TAS 7253

Bedrooms: 12
Bathrooms: 6
Car spaces: 6
Floor area: 422m2
Land area: 1662m2
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Property Details for 24 Wellington St, George Town

24 Wellington St, George Town is a 12 bedroom, 6 bathroom Unit with 6 parking spaces and was built in 1975. The property has a land size of 1662m2 and floor size of 422m2. While the property is not currently for sale or for rent, it was last sold in December 2006.

Building Type
Unit
Year Built
1975
Floor Size
422m2
Land Size
1662m2
Local Government
George Town
Lot/Plan
1/236548

Last Listing description (February 2016)

Six co-joined 2 bedroom units that have been renovated approximately 6 years ago. Currently returning $840 per week. All units are fully let with leases in place and there is opportunity to improve the weekly income.
Close to town centre and walking distance to shops and conveniences.
There are number of schools, modern hospital, sports clubs, restaurants, caf s, Woolworths supermarket and a coastline second to none which make George Town an attractive place to live or invest.

Call Andrew Michieletto at Harcourts East Tamar for further details.

Property History for 24 Wellington St, George Town, TAS 7253

A timeline of how this property has performed in the market
Last Sold
$340,000
20 Dec 2006
Listed for Rent
$150/w
30 Aug 2011
  • 20 Mar 2015
    Listed for Sale Price by Negotiation over $410,000
  • 12 Aug 2011
    Listed for Rent - Price not available
  • 05 Jul 2010
    Listed for Sale BEST OFFER OVER $390,000
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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 2,651 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, 97 properties were sold in the past 12 months in George town.

Suburb Insights for George Town 7253

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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.