OFF MARKET

5 Smith Street
Smithton TAS 7330

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 96m2
Land area: 106m2
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Last updated 16 Sep 2024
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Property Details for 5 Smith St, Smithton

5 Smith St, Smithton is a 0 bedroom, 0 bathroom Unit and was built in 1987. The property has a land size of 106m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
Unit
Year Built
1987
Floor Size
96m2
Land Size
106m2
Local Government
Circular Head
Lot/Plan
2/55275

Last Listing description (February 2023)

Here is your opportunity to be self employed and in control of your own financial destiny.
This cafe has had a number of successful owners over the last 35 years and now ready for the next one.
The property has been recently refurbished and is a prime location in the CBD, adjacent the Post Office and Woolworths. A long term lease is available for the right tenant along with an upfront two month rent free period.

The lease includes most equipment.
$400 per week (includes outgoings) + tenant pays water usage + $2000 Bond

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Property History for 5 Smith St, Smithton, TAS 7330

A timeline of how this property has performed in the market
Last Sold
$130,000
18 Jul 2022
Listed for Rent
$400/w
27 Feb 2023
  • 23 Aug 2022
    Listed for Rent $400 / week
  • 18 Jul 2022
    Sold for $130,000
  • 02 Jun 2022
    Listed for Sale $150,000 (plus GST if applicable)
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About Smithton 7330

The size of Smithton is approximately 91.3 square kilometres. It has 18 parks covering nearly 4.6% of total area. The population of Smithton in 2011 was 3,934 people. By 2016 the population was 3,862 showing a population decline of 1.8% in the area during that time. The predominant age group in Smithton is 50-59 years. Households in Smithton are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Smithton work in a labourer occupation. In 2011, 70.1% of the homes in Smithton were owner-occupied compared with 65.7% in 2016.

Smithton has 2,210 properties. Over the last 5 years, Houses in Smithton have seen a 87.12% increase in median value, while Units have seen a 72.93% increase. As at 31 August 2024:

  • The median value for Houses in Smithton is $386,617 while the median value for Units is $304,641.
  • Houses have a median rent of $373 while Units have a median rent of $193.
There are currently 19 properties listed for sale, and 1 property listed for rent in Smithton on OnTheHouse. According to CoreLogic's data, 81 properties were sold in the past 12 months in Smithton.

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