OFF MARKET

26 Binney Street
Ravenswood TAS 7250

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 98m2
Land area: 614m2
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Property Details for 26 Binney St, Ravenswood

26 Binney St, Ravenswood is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1968. The property has a land size of 614m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in April 2021.

Building Type
House
Year Built
1968
Floor Size
98m2
Land Size
614m2
Local Government
Launceston
Lot/Plan
82/55296

Last Listing description (May 2021)

For the first home buyer or smart investor, this is an amazing opportunity indeed. Starting with the very affordable price, repayments will be very low, allowing for the first home buyer to gradually improve and renovate or for the investor to enjoy an excellent return.

The private yard in flat and very useable and will be another great opportunity for a keen gardener to enjoy improving the home.

Inside this home, the open plan, dining/kitchen the living has cosy wood heating and Tas oak flooring, just waiting for sanding and polishing. This is a very handy feature and a very affordable improvement, with three good size bedrooms and a sunny northerly aspect, all in a very handy location. There's a small supermarket, take away, pharmacy, bus stop and reserves only a few minutes short stroll away.

An opportunity like this in a market like this is a very rare find indeed

Property History for 26 Binney St, Ravenswood, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$230,000
17 Apr 2021
Listed for Rent
$190/w
11 Jul 2014
  • 17 Apr 2021
    Sold for $230,000
  • 09 Mar 2021
    Listed for Sale $230,000
  • 27 Jun 2014
    Listed for Rent - Price not available
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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.