OFF MARKET

62 Elizabeth Street
George Town TAS 7253

Bedrooms: 2
Bathrooms: 1
Car spaces: 3
Floor area: 72m2
Land area: 862m2
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Last updated 11 Nov 2024
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Property Details for 62 Elizabeth St, George Town

62 Elizabeth St, George Town is a 2 bedroom, 1 bathroom Unit with 3 parking spaces and was built in 1991. The property has a land size of 862m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in November 2017.

Building Type
Unit
Year Built
1991
Floor Size
72m2
Land Size
862m2
Local Government
George Town
Lot/Plan
9/59178

Last Listing description (July 2017)

3 x 2 bedroom units in central George Town, with the added benefit of a neighboring vacant block of land as part of the asking price, the vacant land at a minimum would realise $45,000, this makes it a cheap investment. The three units have a combined rental return of $470.00 per week. Low maintenance brick veneer ,iron roofing and aluminium windows making up the construction type. 5 minutes easy walk into the main shopping area of Town, and only 35 minutes drive from Launceston. Daron Gumley : 0438 875 201

Property History for 62 Elizabeth St, George Town, TAS 7253

A timeline of how this property has performed in the market
Last Sold
$250,000
01 Nov 2017
Listed for Rent
$160/w
24 Jan 2015
  • 01 Nov 2017
    Sold for $250,000
  • 03 Dec 2015
    Listed for Sale $300,000
  • 24 Jan 2015
    Listed for Rent $160 / 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 2,650 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 52 properties listed for sale, and 7 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.

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