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Overview
This three-bedroom residence at 7 Henry Street in Upper Burnie presents a compelling opportunity for both investors and first-time home buyers seeking a practical and adaptable living space. Set on a sizable 627 square metre parcel, the property delivers a comfortable 90 square metres of internal floor area, efficiently arranged to support everyday living and future enhancements.
The home's open-plan living and dining area offers a versatile space benefiting from natural northern light, creating a bright and welcoming environment ideal for daily relaxation or informal gatherings. The kitchen, oriented to take advantage of the northerly aspect, supports functional meal preparation with scope for personalization.
Comfort is ensured year-round with reverse cycle heating and cooling alongside an electric wall heater, enabling temperature control tailored to the Tasmanian climate. Accommodation includes three bedrooms and a family bathroom featuring a shower over the bath, catering well to small families or tenants.
Outdoor amenities include a single carport for vehicle protection and a fully fenced backyard complete with a garden shed, enhancing security and storage options. The grounds offer space for gardening interests or outdoor activities, with the added potential for owners to implement upgrades that can increase value over time.
Built in 1964, the property is currently tenanted at $395 per week until June 2027, offering immediate investment returns and security. Prospective buyers will appreciate the balance of liveability and potential, making this an inviting entry point into the real estate market or a solid addition to an investment portfolio.
Local Market Insights
In Upper Burnie, Quiet Listings observed 33 new houses entering the market over the last 30 days, up from 17 during the previous 30-day period, with an average advertised asking price of $544,091. The property type mix of listed properties is predominantly Houses at 83%, followed by units (13%), and land (5%). The most active agency for houses in the Upper Burnie area is currently Harcourts, representing 48% of new listings, followed by One Agency with 33%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Market Insights for Upper Burnie TAS 7320
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