OFF MARKET

22-24 Reeves Street
South Burnie TAS 7320

Bedrooms: 6
Bathrooms: 2
Car spaces: -
Floor area: 98m2
Land area: 853m2
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Last updated 9 Sep 2024
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Property Details for 22-24 Reeves St, South Burnie

22-24 Reeves St, South Burnie is a 6 bedroom, 2 bathroom House and was built in 1938. The property has a land size of 853m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in October 2021.

Building Type
House
Year Built
1938
Floor Size
98m2
Land Size
853m2
Local Government
Burnie
Lot/Plan
149/53831

Last Listing description (November 2021)

**VIRTUAL TOUR AVAILABLE UPON REQUEST**

Great things come in twos, even better when they present themselves in the era of classic Burnie Brick

Double the return, double the potential, investors will sniff this opportunity a mile away. A strong history of rental return across both houses and in their current condition, will provide the income and financial buffer for future planning or development.

Extended families will foresee the potential side by side convenient living arrangements.

Theres no denying these classics require a little love however no one can fault the charm, character and personality found within, with many original features that will ensure the finished product could shine like a diamond, the fact that Bunnings is only 100m away be a sign? or your calling?

Is it time to call in the owed favours from your other tradie mates and help bring this project to fruition?

The possibilities are endless, with a flair for design and some foresight and imagination this property could do wonders for your Real Estate journey.

South Burnie precinct so close to nearby swimming beaches and boat ramps, exercise pathways and Bass Highway for convenient commuting, becoming increasingly popular as the lifestyle benefits boost buyer demand.

These opportunities you can appreciate as they do not come up often. We look forward to your registration and welcome your call.

DISCLAIMER: The above information has been provided to us by the owner/s and other third parties. We have not verified whether or not that information is accurate and do not have any belief one way or the other in its accuracy. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. All interested parties should make and rely upon their own inquiries in order to determine whether or not this information is in fact accurate.

Property History for 22-24 Reeves St, South Burnie, TAS 7320

A timeline of how this property has performed in the market
Last Sold
$430,000
17 Oct 2021
Listed for Rent
$250/w
09 Aug 2021
  • 17 Oct 2021
    Sold for $430,000
  • 08 Oct 2021
    Listed for Sale CURRENT BID $ 430 K
  • 24 Jul 2021
    Listed for Rent $250 / week
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About South Burnie 7320

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 83.13% increase in median value, while Units have seen a 52.84% increase. As at 31 August 2024:

  • The median value for Houses in South Burnie is $399,203 while the median value for Units is $324,308.
  • Houses have a median rent of $410.
There are currently 4 properties listed for sale, and 2 properties listed for rent in South burnie on OnTheHouse. According to CoreLogic's data, 12 properties were sold in the past 12 months in South burnie.

Suburb Insights for South Burnie 7320

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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.