52-54 Alexander Street, Burnie, TAS 7320 | Property Value & History | OnTheHouse
OFF MARKET

52-54 Alexander Street
Burnie TAS 7320

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1193m2
Land area: 1240m2
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Property Details for 52-54 Alexander St, Burnie

Building Type
Commercial
Year Built
1939
Floor Size
1193m2
Land Size
1240m2
Local Government
Burnie

Last Listing description (May 2018)

For sale 52 Alexander Street Burnie, known as the 'Apartments Downtown'.
This substantial residential investment opportunity provides potential investors the ability to secure a well located and significant residential investment portfolio comprising 10 apartments.
52 Alexander Street is strategically located within the Burnie CBD and comprises 10 strata titles art deco apartments, landscaped courtyard on-site parking located within walking distance to Burnie's main retail and commercial facilities and only 500 metres from West Beach.

This unique building and its inherent flexibility provide numerous options for investors, developers and accommodation operators alike, who are wishing to take advantage of this significant offering within the heart of Burnie CBD.
The 10 strata titled apartments at 52 Alexander Street, will be offered in 'one line'.
- Significant improvements and inclusions
- Multiple and various letting options
- Long term hold, or option to on-sell as individual units
- Appealing beach side location
- CBD land holding which may provide for future development (STCA)
- Return all units to long term rentals

Property History for 52-54 Alexander St, Burnie, TAS 7320

A timeline of how this property has performed in the market
Last Sold
$285,000
12 Apr 1996
  • 17 Oct 2016
    Listed for Sale Offers Over $2.0m
  • 12 Apr 1996
    Sold for $285,000
  • 08 Mar 1996
    Sold for $150,000
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About Burnie 7320

The size of Burnie is approximately 1.4 square kilometres. It has 3 parks covering nearly 7.6% of total area. The population of Burnie in 2016 was 596 people. By 2021 the population was 693 showing a population growth of 16.3% in the area during that time. The predominant age group in Burnie is 20-29 years. Households in Burnie are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Burnie work in a professional occupation.In 2021, 48.30% of the homes in Burnie were owner-occupied compared with 46.30% in 2016.

Burnie has 856 properties. Over the last 5 years, Houses in Burnie have seen a 68.04% increase in median value, while Units have seen a 81.42% increase. As at 31 March 2026:

  • The median value for Houses in Burnie is $514,953 while the median value for Units is $437,849.
  • Houses have a median rent of $450 while Units have a median rent of $320.
There are currently 6 properties listed for sale, and no properties listed for rent in Burnie on OnTheHouse. According to Cotality's data, 35 properties were sold in the past 12 months in Burnie.

Suburb Insights for Burnie 7320

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.