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Sold on 29 Aug 2024 for $322,000

7 Kennedy Street
Mayfield TAS 7248

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 103m2
Land area: 604m2
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Property Details for 7 Kennedy St, Mayfield

7 Kennedy St, Mayfield is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 604m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom House sold in Mayfield in the last 12 months.

Building Type
House
Floor Size
103m2
Land Size
604m2
Local Government
Launceston
Lot/Plan
9/60615

Last Listing description (August 2024)

Here is a fantastic opportunity for those looking to break into the property market or make a savvy investment. This 3-bedroom property is conveniently located, offering a range of benefits that make it a practical choice for a first home or an investment property.

Key Features:

1. Easy Care Floorboards: The lounge and hallway are equipped with easy-care floorboards, providing durability and low maintenance.

2. Fully Fenced: Your privacy and security are ensured with a fully fenced back yard. Enjoy peace of mind and create a safe environment for your family or tenants.

3. Good-Sized Backyard: The property boasts a good-sized backyard, providing ample space for outdoor activities and gardening.

4. Large Shed/Workshop: There is a spacious shed/workshop, ideal for DIY projects or storage.

5. Cosmetic Potential: While the property may need some cosmetic work, this presents an excellent opportunity for you to personalize and enhance it according to your preferences. This allows for value addition and customization to meet your specific needs.

6. Convenient Location: Situated close to shops and public transport, this property offers ease of access to amenities and services. Plus, the short 10-minute drive to the CBD makes it a convenient choice for those who work or frequently visit the city.

In summary, this property represents an excellent entry point into the real estate market or an investment opportunity. With its practical features and potential for improvement, it's a blank canvas waiting for you to transform it into your ideal home or a profitable investment property.

Council Rates approx. $1400 p.a.
Water Rates approx $1200 p.a.

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Property History for 7 Kennedy St, Mayfield, TAS 7248

A timeline of how this property has performed in the market
Last Sold
$322,000
29 Aug 2024
Listed for Rent
$240/w
14 Jan 2014
  • 29 Aug 2024
    Sold for $322,000
  • 06 Sep 2023
    Listed for Sale $325,000
  • 13 Jan 2022
    Sold for $355,000
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About Mayfield 7248

The size of Mayfield is approximately 0.9 square kilometres. It has 2 parks covering nearly 2% of total area. The population of Mayfield in 2011 was 1,557 people. By 2016 the population was 1,470 showing a population decline of 5.6% in the area during that time. The predominant age group in Mayfield is 0-9 years. Households in Mayfield are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mayfield work in a labourer occupation. In 2011, 47.4% of the homes in Mayfield were owner-occupied compared with 45.2% in 2016.

Mayfield has 582 properties. Over the last 5 years, Houses in Mayfield have seen a 75.74% increase in median value, while Units have seen a 51.36% increase. As at 31 October 2024:

  • The median value for Houses in Mayfield is $396,629 while the median value for Units is $304,498.
  • Houses have a median rent of $390.
There are currently 4 properties listed for sale, and 1 property listed for rent in Mayfield on OnTheHouse. According to CoreLogic's data, 15 properties were sold in the past 12 months in Mayfield.

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