12 Briar Cres, Gagebrook is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1984. The property has a land size of 1268m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 3 bedroom House sold in Gagebrook in the last 12 months.
Positioned in a quiet crescent with views toward the mountains, this three-bedroom home offers both secure income and exciting development potential. Currently leased at $445 per week until March 2026, it provides immediate returns with the opportunity for future growth.Set on a generous 1,284 m allotment adjoining a reserve, the property presents excellent long-term prospects, including the potential for subdivision (STCA).The home features a practical layout with a separate lounge, open-plan kitchen and dining area, and three well-sized bedrooms, offering comfort and functionality.Conveniently located close to schools, shops, and transport, and just 25 minutes from Hobart's CBD, this property represents a solid investment in an area known for strong rental demand and long-term capital growth.Key details: Currently leased at $445 per week until March 2026 - secure income from day one Large 1,284 m block adjoining a reserve, with subdivision potential (STCA) Three-bedroom home with practical floorplan Separate lounge plus open-plan kitchen and dining area Bathroom with shower over bath and separate toilet Fully fenced yard with parking for up to five cars Convenient under-house storage Council rates approx. $433 per quarter Water rates approx. $300 per quarter Close to schools, shops and public transport Approximately 25 minutes to Hobart's CBD
The size of Gagebrook is approximately 2.6 square kilometres. There are 6 parks, covering nearly 17.1% of the total area. The population of Gagebrook in 2016 was 1440 people. By 2021 the population was 1572 showing a population growth of 9.2% in the area during that time. The predominant age group in Gagebrook is 0-9 years. Households in Gagebrook are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Gagebrook work in a labourer occupation.In 2021, 22.20% of the homes in Gagebrook were owner-occupied compared with 24.50% in 2016.
Gagebrook has 663 properties. Over the last 5 years, Houses in Gagebrook have seen a 21.51% increase in median value. As at 30 April 2026:
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