Tasmania
Purchased in 2025, this 3 bedroom, 2 bathroom home in TAS was secured for $545,000, offering strong value in one of Tasmania's most historically significant and tightly held regional communities.
Currently achieving $541 per week in rent, the property delivers a gross rental yield of 5.16%, underpinned by an exceptionally tight rental market with a vacancy rate below 1% and rental growth exceeding 11% year on year across the broader region.
The property benefits from easy access to schools, local amenities, and essential services, while remaining within commuting distance of Tasmania's second-largest city. The area draws a steady tenant base of families and professionals seeking affordable lifestyle living within reach of major employment centres.
Local area snapshot (ABS 2021 Census):
Most households are: Families
Population: 3,933
Most residents are: Owner
Property Features
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Purchase Details
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