18 Reeves St, South Burnie is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1944. The property has a land size of 172m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom House sold in South Burnie in the last 12 months.
The owners want this property gone and are happy to negotiate!
This is a great opportunity giving that this property is residential/commercial, with off street parking and is currently tenanted at $220 per week.
The strata title property consists of 2 bedrooms, separate dining/kitchen and roomy lounge with sunroom. Bathroom and laundry are combined, and has floorboards throughout, is concrete render construction with iron roofing and still has the character features of the older styled homes.
The size of South Burnie is approximately 1.7 square kilometres. It has 4 parks covering nearly 4.5% of total area. The population of South Burnie in 2011 was 366 people. By 2016 the population was 317 showing a population decline of 13.4% in the area during that time. The predominant age group in South Burnie is 50-59 years. Households in South Burnie are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in South Burnie work in a professional occupation. In 2011, 70% of the homes in South Burnie were owner-occupied compared with 68.1% in 2016.
South Burnie has 335 properties. Over the last 5 years, Houses in South Burnie have seen a 82.94% increase in median value, while Units have seen a 59.40% increase. As at 30 November 2024:
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