OFF MARKET

1/8 Ravenswood Road
Ravenswood TAS 7250

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 47m2
Land area: 69m2
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Property Details for 1/8 Ravenswood Rd, Ravenswood

1/8 Ravenswood Rd, Ravenswood is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1979. The property has a land size of 69m2 and floor size of 47m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
Unit
Year Built
1979
Floor Size
47m2
Land Size
69m2
Local Government
Launceston
Lot/Plan
1/57092

Last Listing description (March 2022)

I don't have to tell you that properties at this price point don't come up often. This rent ready Ravenswood unit is certainly worth a look for both beginner and accomplished investors alike.

When you first enter the property, you are greeted by a spacious open plan living, dining and kitchen space. The compact property then continues on through to a bedroom with a built-in robe, as well as a bathroom and laundry space.

There is also your own private courtyard out the back, which again comes with little to do in the way of maintenance.

The location of this unit screams convenience, as you are only a few minutes walk from the Ravenswood shopping complex as well as being less than a 10 minute drive to both Mowbray and the Launceston CBD.

With a tenant in place until April 2022, returning $200 per week, this property would make a fine addition to any investment portfolio, or a neat first home.

For more information, or to book your own private inspection, please call our team today!

Boundary Lines are Indicative Only.

*Please be advised that it is now mandatory, as per the Direction Under Section 16 (Contract Tracing No. 5) of the Public Health Act 1997, for all parties attending a Smart Open Inspection to check-in via the free, easy to use Check in TAS app on your mobile phone. If you do not have access to the Check in TAS app, we are able to register your details on our device.

Peter Lees Real Estate has used a variety of sources to obtain information relating to this property. We believe all are reliable sources and have no reason to doubt the accuracy of the information, however we cannot guarantee it. Prospective purchasers are advised to make their own enquiries.

Property History for 1/8 Ravenswood Rd, Ravenswood, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$190,000
09 Dec 2021
  • 09 Dec 2021
    Sold for $190,000
  • 02 Dec 2021
    Listed for Sale $190,000
  • 31 Mar 2020
    Listed for Rent $195 / week
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About Ravenswood 7250

The size of Ravenswood is approximately 10.2 square kilometres. It has 6 parks covering nearly 8.7% of total area. The population of Ravenswood in 2011 was 3,974 people. By 2016 the population was 3,604 showing a population decline of 9.3% in the area during that time. The predominant age group in Ravenswood is 0-9 years. Households in Ravenswood are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ravenswood work in a labourer occupation. In 2011, 47.2% of the homes in Ravenswood were owner-occupied compared with 47.1% in 2016.

Ravenswood has 1,565 properties. Over the last 5 years, Houses in Ravenswood have seen a 88.24% increase in median value, while Units have seen a 97.65% increase. As at 31 October 2024:

  • The median value for Houses in Ravenswood is $369,640 while the median value for Units is $285,141.
  • Houses have a median rent of $400 while Units have a median rent of $300.
There are currently 10 properties listed for sale, and 5 properties listed for rent in Ravenswood on OnTheHouse. According to CoreLogic's data, 43 properties were sold in the past 12 months in Ravenswood.

Suburb Insights for Ravenswood 7250

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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.