Lot 2 - Friend Street - George Town
George Town, Tamar Valley, TAS, 7253$ 665,540
- House and Land
- Property Type
- 4
- Bedrooms
- 2
- Bathrooms
- 2
- Cars
- 158
Details
Updated on Jun 23, 2026
| Property Type: | House and Land |
|---|---|
| Price: | $ 665,540 |
| Land Price: | $ 185,000 |
| Build Price: | $ 480,540 |
| Gross Per Week: | $ 600 |
| Gross Per Annum: | $ 31,200 |
| Gross Yield: | 4.69% |
| Capital Growth 12 Months: | 34.30% |
| 10Yr Annualised Growth: | 10.69% |
| Vacancy Rate: | 2.24% |
| Property Size: | 158 m2 |
| Land Area: | 714 m2 |
|---|---|
| Bedrooms: | 4 |
| Bathrooms: | 2 |
| Parking: | 2 |
| Title Status: | N/A |
| Property ID: | 25933 |
| SKU: | 1001 |
Description
*Please be advised that some lots/units may need confirmation of availability. Kindly ensure to check availability first by emailing or phoning us.*
George Town, TAS is a historic coastal town about 50 km north of Launceston, located near the mouth of the Tamar River. Known for its relaxed lifestyle, maritime history, and scenic waterfront, it appeals to families, retirees, and those seeking a quieter regional setting.
The town offers practical amenities including parks, sporting facilities, medical services, and waterfront recreation areas. Shopping is centred around the local town centre with supermarkets, cafés, and essential services, while larger retail options are available in Launceston.
Education is supported by schools such as George Town Primary School and Port Dalrymple School, along with childcare facilities nearby.
Transport is mainly car-based, with the East Tamar Highway providing direct access to Launceston and surrounding regions.
Overall, George Town offers a peaceful coastal lifestyle with a strong community feel and convenient access to northern Tasmania’s major centres.
Forecasted value over 20 Years
Forecasted value is based on the 10 Year annualised growth.
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Officer , Melbourne, VIC, 3809ENQUIRE ABOUT THIS PROPERTY
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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.