OFF MARKET

27 William Street
Westbury TAS 7303

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 111m2
Land area: 2004m2
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Last updated 4 Nov 2024
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Property Details for 27 William St, Westbury

27 William St, Westbury is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1954. The property has a land size of 2004m2 and floor size of 111m2.

Building Type
House
Year Built
1954
Floor Size
111m2
Land Size
2004m2
Local Government
Meander Valley
Lot/Plan
4/13875

Last Listing description (February 2024)

Rarely does an opportunity such as 27 William Street present in Westbury. Here we have an affordable property on three separate residential allotments each measuring approx. 668 m2 in size with access to all services. These 3 properties will be sold to one lucky buyer.

Lot 5 has a three bedroom weatherboard home which would benefit from a renovation. If you are prepared to roll up your sleeves and take on a proper reno, this property offers a great opportunity to buy into the market at an affordable price and enjoy servicing a low mortgage or equally suitable as a quick flip with considerable opportunity to bank a strong profit.

Lots 4 and 3 both have crossovers already in place and many of the boundary fences are in excellent condition. Both are level and in a great location near to all the amenities the quaint township of Westbury has to offer.

The property was previously owned by an antique collector and much of his stock still remains on the property and will need to be removed by the purchaser. There is a lot of scrap metal and other items which could be sold and/or recycled. The property will be sold "as is where is" and while it will require significant effort to tidy up, it presents many options for capital growth, whether that's flipping the vacant blocks or further value adding by constructing much sought after dwellings. You decide!
Inspection at this weekend's Open Home is strongly recommended.

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Property History for 27 William St, Westbury, TAS 7303

A timeline of how this property has performed in the market
  • 08 Nov 2023
    Listed for Sale Offers over $520,000

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About Westbury 7303

The size of Westbury is approximately 93.4 square kilometres. It has 7 parks covering nearly 0.3% of total area. The population of Westbury in 2011 was 2,104 people. By 2016 the population was 2,018 showing a population decline of 4.1% in the area during that time. The predominant age group in Westbury is 60-69 years. Households in Westbury are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Westbury work in a professional occupation. In 2011, 76.1% of the homes in Westbury were owner-occupied compared with 74.5% in 2016.

Westbury has 1,291 properties. Over the last 5 years, Houses in Westbury have seen a 69.10% increase in median value, while Units have seen a 71.87% increase. As at 30 September 2024:

  • The median value for Houses in Westbury is $528,703 while the median value for Units is $373,156.
  • Houses have a median rent of $430 while Units have a median rent of $210.
There are currently 4 properties listed for sale, and no properties listed for rent in Westbury on OnTheHouse. According to CoreLogic's data, 64 properties were sold in the past 12 months in Westbury.

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