OFF MARKET

5/16 Lagoon Esplanade
Scamander TAS 7215

Bedrooms: 5
Bathrooms: 5
Car spaces: -
Land area: 892m2
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Property Details for 5/16 Lagoon Esp, Scamander

5/16 Lagoon Esp, Scamander is a 5 bedroom, 5 bathroom Unit. The property has a land size of 892m2.

Building Type
Unit
Land Size
892m2
Local Government
Break O'Day

Last Listing description (December 2020)

Once in a Lifetime Investment Opportunity - BEACH SIDE SCAMANDER - Offering 5 x studio units just metres from the beach, this investment opportunity is not only rare, but very lucrative. With appraised gross rental income of $160 per week per unit, there's a gross yield of 9.4% annually available for savvy investors. Each studio is very well maintained and offers a compact kitchenette, open plan living/dining/bedroom, sun deck and bathroom. With the current demand for rental properties, these units will be desirable rental properties and are appraised to achieve $160 per week on a long term basis. Peaceful location and easily maintained, these 5 studio units offer abundant options and I would be very pleased to discuss the details with you today. NOTE: The units are sold together and are on one titleProperty Information:Land Size: 892m2Building Size: 106m2 + storage shed and garden shedAnnual Council Rates: $1300Serviced by town waterServiced by mains sewerBuilt: 1960Zoned: Residential*Harcourts St Helens has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate.

Property History for 5/16 Lagoon Esp, Scamander, TAS 7215

A timeline of how this property has performed in the market
  • 05 Mar 2020
    Listed for Sale $440,000

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About Scamander 7215

The size of Scamander is approximately 19.3 square kilometres. It has 6 parks covering nearly 38.3% of total area. The population of Scamander in 2011 was 718 people. By 2016 the population was 654 showing a population decline of 8.9% in the area during that time. The predominant age group in Scamander is 60-69 years. Households in Scamander are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Scamander work in a trades occupation. In 2011, 71.7% of the homes in Scamander were owner-occupied compared with 74.5% in 2016.

Scamander has 670 properties. Over the last 5 years, Houses in Scamander have seen a 54.94% increase in median value, while Units have seen a 100.76% increase. As at 30 November 2024:

  • The median value for Houses in Scamander is $464,605 while the median value for Units is $416,512.
  • Houses have a median rent of $410.
There are currently 13 properties listed for sale, and 3 properties listed for rent in Scamander on OnTheHouse. According to CoreLogic's data, 15 properties were sold in the past 12 months in Scamander.

Suburb Insights for Scamander 7215

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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.