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Tasmania

Street view of a three-bedroom, two-bathroom investment house with three-car parking on a 419m² block.

3 bed, 2 bath, 3 car, 419m², House

Local area · ABS 2021

Families · 3,933 pop · Owner

Purchase price
$545,000
Current value
$610,000
Capital growth
11.9%
Cash on cash
76.47%

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.

Value growth

Aug 2025–May 2026

Equity gained

+$65,000

Aug 2025May 2026$545,000$610,000

Purchase breakdown

Date purchased
Aug 2025
Date of value
May 2026
Stamp duty
$20,584
Deposit
$65,400
Solicitor cost
$2,000
Pest and build
$700

Returns

Equity gained
+$65,000
Capital growth
11.9%
Cash on cash return
76.47%
Weekly rent
$541
Equity growth
65000%

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