14 Federal StreetUpper Burnie TAS 7320
Property Details for 14 Federal St, Upper Burnie
14 Federal St, Upper Burnie is a 3 bedroom, 1 bathroom House and was built in 1942. The property has a land size of 1942m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in November 2020.
Last Listing description (May 2021)
Located in busy Upper Burnie within walking distance to shops, doctors and cafes etc this development opportunity should not be overlooked. Consisting of two houses on two titles with a substantial vacant area at the rear. The entire property is zoned for residential use and could lend its self to level units, and maybe even a few two story town houses at the rear to capitalise on the sea views (all S.T.C.A.). Both houses are currently rented, for a total of $490 per week (14 Federal at $250 and 16 Federal at $240) bringing in a good rental return making this investment really add up!
Enquire with B&H Real Estate today for more information or to book an inspection.
Property History for 14 Federal St, Upper Burnie, TAS 7320
- 18 Nov 2020Sold for $405,000
- 17 May 2019Listed for Sale $389,000
- 29 Apr 2016Listed for Rent - Price not available
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0About Upper Burnie 7320
The size of Upper Burnie is approximately 1.2 square kilometres. It has 1 park covering nearly 6.9% of total area. The population of Upper Burnie in 2011 was 1,759 people. By 2016 the population was 1,822 showing a population growth of 3.6% in the area during that time. The predominant age group in Upper Burnie is 60-69 years. Households in Upper Burnie are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Upper Burnie work in a trades occupation. In 2011, 62.7% of the homes in Upper Burnie were owner-occupied compared with 56.7% in 2016.
Upper Burnie has 982 properties. Over the last 5 years, Houses in Upper Burnie have seen a 91.78% increase in median value, while Units have seen a 90.06% increase. As at 31 October 2024:
- The median value for Houses in Upper Burnie is $395,755 while the median value for Units is $349,920.
- Houses have a median rent of $400 while Units have a median rent of $320.
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