OFF MARKET

29 Faulkner Road
Ravenswood TAS 7250

Bedrooms: 4
Bathrooms: 1
Car spaces: 4
Floor area: 126m2
Land area: 668m2
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Property Details for 29 Faulkner Rd, Ravenswood

29 Faulkner Rd, Ravenswood is a 4 bedroom, 1 bathroom House with 4 parking spaces and was built in 1974. The property has a land size of 668m2 and floor size of 126m2. While the property is not currently for sale or for rent, it was last sold in June 2017.

Building Type
House
Year Built
1974
Floor Size
126m2
Land Size
668m2
Local Government
Launceston
Lot/Plan
46/12704

Last Listing description (August 2017)

AUCTION CANCELLED
Here is a sensational opportunity to make a profit off a rental investment or enter the market with an affordable first home. Positioned in a quiet location, a short drive from the city, this property has had renovations started with brand new polished floorboards throughout, a renovated bathroom with spa bath, a rendered exterior and a double garage installed but there is still improvements left to be made to add significant value. Boasting 4 good sized bedrooms, this 1974 build of 148m2, which includes timber deck is presenting as an opportunity not to be missed.
Rental estimate $250 per week on this property.

Property History for 29 Faulkner Rd, Ravenswood, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$169,000
26 Jun 2017
  • 26 Jun 2017
    Sold for $169,000
  • 20 Feb 2017
    Listed for Sale Best Offer Over $179,000
  • 18 Mar 2002
    Sold for $54,000
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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 1,574 properties. Over the last 5 years, Houses in Ravenswood have seen a 90.22% increase in median value, while Units have seen a 95.88% increase. As at 31 January 2025:

  • The median value for Houses in Ravenswood is $370,880 while the median value for Units is $269,535.
  • Houses have a median rent of $400 while Units have a median rent of $300.
There are currently 10 properties listed for sale, and 1 property listed for rent in Ravenswood on OnTheHouse. According to CoreLogic's data, 43 properties were sold in the past 12 months in Ravenswood.

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