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102 Payne Street, Acton TAS 7320

Best Offer Over $399,000

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$399k - $419k Transparent Transparent Listing Based on an openly advertised listing price.

House 3 Beds 1 Bath 1 Car 731 m² 98 m²

Listed: 17 hours ago

Overview

This property at 102 Payne Street offers a compelling opportunity for first-time buyers or investors seeking entry into the Tasmanian property market. The residence, constructed in 1960, strikes a balance between functionality and potential, presenting a solid foundation upon which new owners can personalize and improve.

The home features a practical open-plan living and dining area, enhanced by reverse-cycle heating and cooling which ensures comfort throughout the seasons. Adjacent to this is a utilitarian kitchen and laundry space, designed to meet everyday needs efficiently.

Accommodation includes three bedrooms, each equipped with built-in wardrobes, offering ample storage and privacy. Complementing this is a family bathroom with a shower over the bath – a versatile fixture for families or individual occupants.

An additional rumpus room provides flexible space for recreational activities, a home office, or an extra living zone, enhancing the property's versatility. Off-street parking is available, including a single vehicle carport, adding convenience and security for vehicle storage.

Outdoors, the large fully fenced backyard with a garden shed offers a secure environment for children or pets and the potential for gardening or outdoor entertaining. This outdoor space adds lifestyle value and privacy.

Strategically positioned near a local bus stop and the Upper Burnie shopping precinct, the location facilitates easy access to essential amenities and services, enhancing day-to-day living convenience.

Currently tenanted with a rental income of $310 per week until February 2027, this property is suitable for investors seeking steady returns with potential capital growth through future enhancements. For owner-occupiers, the home presents an affordable and manageable stepping stone into the property market with room for personal touches and modernization.

With a land size of 731 sqm and a comfortable floor area of 98 sqm, 102 Payne Street is a well-sized property offering both indoor and outdoor livability. Prospective purchasers will appreciate the balance of practical features and scope for value-adding renovations in a convenient Acton location.

Local Market Insights

In Acton, Quiet Listings observed 36 new houses entering the market over the last 30 days, up from 28 during the previous 30-day period, with an average advertised asking price of $564,139. The property type mix of listed properties is predominantly Houses at 72%, followed by units (12%), and land (6%). The most active agency for houses in the Acton area is currently Harcourts, representing 42% of new listings, followed by Jenrew Real Estate with 22%. 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.