Lot 2 - George Residences - George Town
George Town, George Town, TAS, 7253$ 787,362
- House and Land
- Property Type
- 3
- Bedrooms
- 2
- Bathrooms
- 2
- Cars
- 119
Details
Updated on Jul 29, 2026
| Property Type: | House and Land |
|---|---|
| Secondary Type: | SMSF |
| Price: | $ 787,362 |
| Land Price: | N/A |
| Build Price: | N/A |
| Gross Per Week: | $ 575 |
| Gross Per Annum: | $ 29,900 |
| Gross Yield: | 3.8% |
| Capital Growth 12 Months: | 34.30% |
| 10Yr Annualised Growth: | 10.69% |
| Vacancy Rate: | 2.24% |
| Property Size: | 119 m2 |
| Land Area: | 714 m2 |
|---|---|
| Bedrooms: | 3 |
| Bathrooms: | 2 |
| Parking: | 2 |
| Title Status: | N/A |
| Property ID: | 33142 |
| 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.*
Positioned within the peaceful surrounds of George Residences, this home presents a comfortable coastal lifestyle with modern convenience and a welcoming community atmosphere. Designed for easy living, the residence enjoys close proximity to local schools, shopping, parks, and the picturesque Tamar River foreshore, creating an ideal setting for families, professionals, or downsizers.
The property offers a relaxed indoor-outdoor feel complemented by the natural beauty and charm of George Town. Residents can enjoy nearby walking trails, cafés, beaches, and recreational facilities while remaining well connected to Launceston and key regional destinations. This is an opportunity to experience contemporary living in one of Tasmania’s growing waterfront communities.
Forecasted value over 20 Years
Forecasted value is based on the 10 Year annualised growth.
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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.