OFF MARKET

3/8 Reid Street
Upper Burnie TAS 7320

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 61m2
Land area: 174m2
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Property Details for 3/8 Reid St, Upper Burnie

3/8 Reid St, Upper Burnie is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1981. The property has a land size of 174m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
Unit
Year Built
1981
Floor Size
61m2
Land Size
174m2
Local Government
Burnie
Lot/Plan
3/58699

Last Listing description (July 2021)

The mild-mannered exterior of this two-bedroom unit is really just calling your bluff... Inside, this cute single-story unit offers a modern feel with open plan kitchen and living areas awash with natural light thanks to large floor-to-ceiling windows. The living room gives a great feeling of depth, with off white walls and carpet in deep tones flowing through to tie in with the modern, galley style kitchenette.

The bedrooms offer handy built-in wardrobes allowing space to incorporate your own furniture. Modern bathroom with shower over bath and laundry facilities, separate toilet. After a long day it will be nice to come home to this quiet street setting with a glimpse of water views. You have off-street, undercover parking and a reverse cycle air conditioner for all year comfort.

Located a short walk to shopping and a close commute for those working in the Burnie CBD, this property is in obvious demand as a long-term rental. It is no surprise that it has a solid record of full tenancy and with a current lease agreement lasting through to January 2022, you could start collecting income today...

Enquire about the attractive rent income you can be earning. Simply call now for more information...

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 3/8 Reid St, Upper Burnie, TAS 7320

A timeline of how this property has performed in the market
Last Sold
$210,000
06 Jul 2021
Listed for Rent
$185/w
30 May 2015
  • 06 Jul 2021
    Sold for $210,000
  • 25 Jun 2021
    Listed for Sale UNDER CONTRACT
  • 30 May 2015
    Listed for Rent $175 / week
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About 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.
There are currently 5 properties listed for sale, and no properties listed for rent in Upper burnie on OnTheHouse. According to CoreLogic's data, 55 properties were sold in the past 12 months in Upper burnie.

Suburb Insights for Upper 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.