58 Friend StreetGeorge Town TAS 7253
Property Details for 58 Friend St, George Town
58 Friend St, George Town is a 8 bedroom, 4 bathroom Unit with 4 parking spaces and was built in 1971. The property has a land size of 1459m2 and floor size of 56m2. While the property is not currently for sale or for rent, it was last sold in May 2018.
Last Listing description (June 2018)
This property is a solid investment with four adjoined units, each unit having its own undercover car space. The property has had long term tenants in place over its history. All four of the units currently have leases in place and each unit is bringing in $150 per week in rent.
The property is centrally located and only a short walk to the town centre, shops, schools, hospital and doctors surgery.
George Town has a lot to offer with 3 schools, modern hospital, 2 supermarkets as well as hardware supplies and other shopping conveniences. There are also a number of sporting facilities, swimming centre and social clubs. All this only minutes from the beach and only a 35 minute drive to Launceston.
Property History for 58 Friend St, George Town, TAS 7253
- 28 May 2018Sold for $310,000
- 21 Mar 2017Listed for Sale $320,000
- 17 Jun 2014Sold for $230,000
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0About 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.
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