OFF MARKET

136 Faraday Street
Ravenswood TAS 7250

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 40m2
Land area: 14230m2
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Property Details for 136 Faraday St, Ravenswood

136 Faraday St, Ravenswood is a 0 bedroom, 0 bathroom House and was built in 1980. The property has a land size of 14230m2 and floor size of 40m2. While the property is not currently for sale or for rent, it was last sold in October 2016.

Building Type
House
Year Built
1980
Floor Size
40m2
Land Size
14230m2
Local Government
Launceston
Lot/Plan
1/52626

Last Listing description (June 2024)

Owner has given clear instructions to sell by auction if not sold before.

Discover a lucrative opportunity in Ravenswood, Tasmania, with this major development site. Strategically located and boasting a favorable “General Residential” zoning, this property is perfect for unit development or subdivision STCA.


Features:

- Generous land size for a creative development
- Proximity to essential amenities, schools, and parks (5.8km to Launceston CBD)
- Accessible location for commuters

Investment Potential:
This site offers immense investment potential in a growing community. Take advantage of the rising demand for affordable housing in Ravenswood and maximize your returns.

Don't Miss Out:
Seize the chance to be part of Ravenswood's growth. Contact us today for more information and to schedule a site visit.

Property History for 136 Faraday St, Ravenswood, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$149,000
03 Oct 2016
  • 21 Sep 2023
    Listed for Sale Offers over 2.5 Million
  • 03 Oct 2016
    Sold for $149,000
  • 05 Sep 2016
    Listed for Sale Best Offer Over $149,000
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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.