17 Mary Street, Cygnet, TAS 7112 | Property Value & History | OnTheHouse
OFF MARKET

17 Mary Street
Cygnet TAS 7112

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 331m2
Land area: 1069m2
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Property Details for 17 Mary St, Cygnet

Building Type
Land
Year Built
1938
Floor Size
331m2
Land Size
1069m2
Local Government
Huon Valley
Lot/Plan
2/34296

Last Listing description (May 2019)

Located in the heart of the retail and commercial hub of the busy town of Cygnet this building constructed in 1938 enjoys an imposing street presence and provides a total floor area of 279m2. The building has been previously occupied by a bank for a number of years and the street frontage with some renovation could be bought back to profitable tenatable premises. The commercial section comprises a spacious front reception area with large timber desk previously used for bank tellers. Behind this is a security coded safe with heavy duty iron door and ample storage space inside. In addition to the main area is a separate conference room or office with large windows letting in natural sun light and features and open fire place. Completing the commercial area is a kitchen and toilet with an exit to the back of the property.
From the rear of the premises you can access the 4 bedroom residence which is need of some love and attention, however could be bought back to it's former glory in no time.
Featuring a large kitchen area with spacious pantry, separate lounge/dining room with inbuilt wood heater and timber mantle all on the ground floor. The beautiful wide hallway leads to the large timber staircase sprawling over 3 levels with the spacious bathroom located on the middle level offering a separate bath, shower, vanity and toilet. On the upper level are the 4 bedrooms, the main with a built in wardrobe, there is a study which could be used as a small 5th bedroom or nursery. The residence still retains original features including picture rails and solid timber floor boards.

Outside there is a single garage and skin shed which houses the laundry and an outdoor toilet. The large 1069m2 block may lend itself to further development subject to council approval.
A rare and substantial opportunity with prominent street frontage and the facade being Heritage Listed, this premises would be an ideal renovator with endless possibilities for builders and/or investors alike.
Expressions of Interest are invited and if you would like more information please contact TPR anytime.

Property History for 17 Mary St, Cygnet, TAS 7112

A timeline of how this property has performed in the market
Last Sold
$500,000
17 May 2019
  • 17 May 2019
    Sold for $500,000
  • 24 Apr 2019
    Listed for Sale Expressions of Interest
  • 20 Oct 2005
    Sold for $200,000
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About Cygnet 7112

The size of Cygnet is approximately 57.5 square kilometres. It has 8 parks covering nearly 18.0% of total area. The population of Cygnet in 2016 was 1556 people. By 2021 the population was 1742 showing a population growth of 12.0% in the area during that time. The predominant age group in Cygnet is 10-19 years. Households in Cygnet are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cygnet work in a professional occupation.In 2021, 73.50% of the homes in Cygnet were owner-occupied compared with 71.10% in 2016.

Cygnet has 1,045 properties. Over the last 5 years, Houses in Cygnet have seen a 33.93% increase in median value, while Units have seen a 38.32% increase. As at 31 December 2025:

  • The median value for Houses in Cygnet is $659,839 while the median value for Units is $403,003.
  • Houses have a median rent of $490.
There are currently 13 properties listed for sale, and 4 properties listed for rent in Cygnet on OnTheHouse. According to Cotality's data, 60 properties were sold in the past 12 months in Cygnet.

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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.