George Town TAS 7253

George Town TAS 7253

$ 617,608

George Town TAS 7253
House and Land Investment Property in George Town, TAS | Aus Investment Properties - Photo 1

Property Images

House and Land Investment Property in George Town, TAS | Aus Investment Properties - Photo 1
  • House and Land
  • Property Type
  • 3
  • Bedrooms
  • 2
  • Bathrooms
  • 2
  • Cars
  • 120

Details

Updated on Oct 06, 2026

Property Type: House and Land
Price: $ 617,608
Land Price: $ 185,000
Build Price: $ 432,608
Gross Per Week: $ 550
Gross Per Annum: $ 28,600
Gross Yield: N/A
Capital Growth 12 Months: 34.30%
10Yr Annualised Growth: 10.69%
Vacancy Rate: 1.63%
Property Size: 120 m2
Land Area: 714 m2
Bedrooms: 3
Bathrooms: 2
Parking: 2
Title Status: November 2026
Property ID: 39774
SKU: 1065

Description

House & land investment property in George Town. This single-storey 3-bedroom, 2-bathroom turn-key package offers 120 m2 of build on a 714 m2 lot, with a double garage and 20mm stone benchtops, double-glazed windows, a split system to the living area and master bedroom, 2590mm ceilings and turn-key landscaping, fencing and blinds. Land titles are expected in November 2026.

George Town sits at the mouth of the Tamar River in northern Tasmania, around 50 km north of Launceston. The town provides local schools, shops and health services, and the nearby Bell Bay port and industrial precinct is a significant regional employer.

This house & land package is offered at $617,608 (land $185,000, build $432,608), with a rental appraisal of up to $550 per week.

A single-storey home with 3 bedrooms, open-plan living and a double garage appeals to couples, small families and professionals, supporting steady rental demand.

For investors, Tasmania's tight rental market, low vacancy rates and forecast housing undersupply support long-term rental demand, making a new home in northern Tasmania a low-maintenance addition to an investment portfolio.

Features

  • 2 Car
  • Single Storey
  • 3 Bed
  • 2 Bath
  • House & Land
  • Turn-Key
  • Double Glazing

Inclusions

  • stone benchtops
  • carpet to bedrooms
  • Fencing
  • Stone benchtops
  • Double garage
  • 600mm induction cooktop
  • 600mm stainless steel canopy rangehood
  • Digital TV antenna
  • Clothesline
  • Stainless steel dishwasher
  • Carpet to bedrooms
  • Gooseneck kitchen sink mixer
  • 600mm electric built-in oven
  • Double glazing
  • Tiled splashback
  • Laminate flooring to main areas
  • Split system air conditioning to living and master bedroom
  • Remote control sectional garage door
  • 2590mm ceiling height
  • Window coverings throughout
  • Tiled shower bases
  • Landscaping
  • Letterbox
  • 6-star energy rating
  • Natural concrete driveway

Floor plans

House and Land Investment Property in George Town, TAS | Aus Investment Properties - Floor Plan 1

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Address

Address Lot 2 Friend Street, George Town TAS 7253 (3 beds, 120 m2)
City George Town
State TAS
Postcode 7253
Suburb George Town

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  • Investor or SMSF.
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Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.

Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.

Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.

SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.

This property is a single-contract property suitable for an SMSF.

SMSF Single Contract

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