Lot 2 Friend Street, George Town TAS 7253 (3 beds, 132 m2)
George Town, George Town, TAS, Australia, 7253$ 638,955
- House and Land
- Property Type
- 3
- Bedrooms
- 2
- Bathrooms
- 2
- Cars
- 132
Details
Updated on Oct 08, 2026
| Property Type: | House and Land |
|---|---|
| Price: | $ 638,955 |
| Land Price: | $ 185,000 |
| Build Price: | $ 453,955 |
| Gross Per Week: | $ 550 |
| Gross Per Annum: | $ 28,600 |
| Gross Yield: | 4.48% |
| Capital Growth 12 Months: | 34.30% |
| 10Yr Annualised Growth: | 10.69% |
| Vacancy Rate: | 2.24% |
| Property Size: | 132 m2 |
| Land Area: | 714 m2 |
|---|---|
| Bedrooms: | 3 |
| Bathrooms: | 2 |
| Parking: | 2 |
| Title Status: | November 2026 |
| Property ID: | 39775 |
| SKU: | 1065 |
Description
House & land investment property in George Town. This single-storey 3-bedroom, 2-bathroom turn-key package offers 132 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 $638,955 (land $185,000, build $453,955), 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
- fencing
Floor plans
Forecasted value over 20 Years
Forecasted value is based on the 10 Year annualised growth.
Address
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Lot 3499 - Flagstone Estate - Flagstone - AUD ...
Flagstone, Logan City, QLD, 4280ENQUIRE ABOUT THIS PROPERTY
Why Buy With Aus Investment Properties?
- Dedicated In-house Project Manager.
- High-yielding properties.
- Independent rental assessment.
- Full turnkey properties, 'Ready to Rent'.
- Brand new properties with builders warranty.
- High quality, highly specified properties.
- Tax and depreciation benefits from new properties.
- Buy direct from the builder.
- Investor or SMSF.
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.