5 Binney StreetRavenswood TAS 7250
Property Details for 5 Binney St, Ravenswood
5 Binney St, Ravenswood is a 3 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 685m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom House sold in Ravenswood in the last 12 months.
Last Listing description (May 2024)
Welcome to this charming three-bedroom home situated in the desirable Ravenswood neighbourhood.
Positioned perfectly on a corner block, this residence offers both privacy and space for comfortable living. The property features three spacious bedrooms, providing ample accommodation for families or individuals alike.
A highlight of this home is the expansive brick shed space located in the rear yard, ideal for storage, workshops, or family entertaining complete with inbuilt bar and free-standing wood heater as well as amenities. The low-maintenance gardens grounds ensure low maintenance easy upkeep, allowing residents to spend more time enjoying their surroundings. Currently leased to wonderful tenants at $420 per week expiring Jan 2025, this property presents a very attractive investment opportunity for discerning buyers.
This home is heated and cooled via its reverse cycle split system for all year-round comfort. Conveniently located near public transport, schools, shops, and parks, this Ravenswood home offers both convenience and privacy. Don't miss your chance to explore the potential of this delightful property - schedule a private viewing today to experience all it has to offer. For further details or to arrange a viewing.
Built: 1968
Land size: 685m2 approx
Building size: 91m2 approx
Zone: General Residential
Current lease: Expiring January 2025
Rental return: $420 per week
** View Real Estate Launceston has obtained the information in this file from what we believe is reliable sources and has no reason to doubt its accuracy however we cannot guarantee its exactness. Prospective purchasers are advised to carry out their own inquiries. All measurements are approximate. **
Property History for 5 Binney St, Ravenswood, TAS 7250
- 08 May 2024Sold for $365,000
- 23 Apr 2024Listed for Sale Offers over $370,000
- 10 Jun 2021Sold for $300,000
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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 1,566 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.
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