Lot 3 - Friend Street - George Town

George Town, Tamar Valley, TAS, 7253

$ 677,635

George Town, Tamar Valley, TAS, 7253
Lot 3 - Friend Street - George Town-0
Lot 3 - Friend Street - George Town-1

Property Images

Lot 3 - Friend Street - George Town-0 Lot 3 - Friend Street - George Town-1
  • House and Land
  • Property Type
  • 4
  • Bedrooms
  • 2
  • Bathrooms
  • 2
  • Cars
  • 158

Details

Updated on Jun 23, 2026

Property Type: House and Land
Price: $ 677,635
Land Price: $ 185,000
Build Price: $ 492,635
Gross Per Week: $ 600
Gross Per Annum: $ 31,200
Gross Yield: 4.60%
Capital Growth 12 Months: 35.71%
10Yr Annualised Growth: 10.69%
Vacancy Rate: 0.88%
Property Size: 158 m2
Land Area: 714 m2
Bedrooms: 4
Bathrooms: 2
Parking: 2
Title Status: N/A
Property ID: 25932
SKU: 1001
Sold:

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

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.

Address Lot 3 - Friend Street - George Town
City Tamar Valley
State TAS
Postcode 7253
Suburb George Town

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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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