1/47 Cimitiere Street, George Town, TAS 7253 | Property Value & History | OnTheHouse
OFF MARKET

1/47 Cimitiere Street
George Town TAS 7253

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 8 Dec 2025
Low

High
Save

Property Details for 1/47 Cimitiere St, George Town

1/47 Cimitiere St, George Town is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1981.

Building Type
Unit
Year Built
1981
Local Government
George Town

Last Listing description (November 2025)

THIS SPACE: Great Investment

THIS SPACE PRESENTS: 1/47 Cimitiere Street, Geoge Town, Tasmania

A solid brick unit, on a flat block, with its own carport and separate utilities room.
George Town median unit value has increased approx. 30% from 2020 - 2023, and, given its ideal location, with underpinnings of strong industry and skilled labor force the demand for quality investments like these are increasing.

The area benefits from its close location to the Bell Bay industrial hub, the focus of the Tasmanian government's renewable hydrogen production and export plans. Large capital investment projects are on the radar of the likes of Fortescue, Woodside, Origin Energy and even Spanish energy giant Iberdola. These projects may generate large increases in economic activity and jobs for the local community, increasing rental demand and providing capital growth in property prices.
The units location is one block from the CBD and walking distance to all local amenities including medical facilities, schools and shopping. Great access to recreation, heritage and the natural environment and being only 35 minutes to Launceston, this could be your chance at securing either a solid investment for years to come or a perfect low maintenance home.

THIS SPACE: the features.
- 2 good sized bedrooms with wardrobes
- Private access to unit with carport
- Split-system heating and cooling for year-round comfort
- Low-maintenance yard
- Great returns

THIS SPACE: the location.
George Town is set on the sea and is a short drive to Low Head a popular fishing destination and a 40 minute commute to Launceston. The area benefits from its close location to the Bell Bay industrial hub, the focus of the Tasmanian government's renewable hydrogen production and export plans.

THIS SPACE: the details.
- Current Lease: $295 per week increasing to $305 per week in January 2026
- House size: 79 sqm (approximately)
- Land size: 291sqm (approximately)
- Built: 1981

DISCLAIMER:
This Space Real Estate provides this information for general guidance only. While every effort is made to ensure accuracy, we make no representations or warranties regarding the completeness or reliability of any information provided. All prospective purchasers should conduct their own investigations. This Space Real Estate accepts no liability for errors, omissions, or misstatements.

Property Code: 94

Property Code: 94

Property History for 1/47 Cimitiere St, George Town, TAS 7253

A timeline of how this property has performed in the market
  • 16 Oct 2025
    Sold for $258,000
  • 13 Oct 2025
    Listed for Sale Offers Over $250,000
  • 18 May 2015
    Listed for Rent - Price not available
Sign in to see more transactions
Commute Calculator

About George Town 7253

The size of George Town is approximately 104.8 square kilometres. It has 26 parks covering nearly 26.7% of total area. The population of George Town in 2016 was 4347 people. By 2021 the population was 4536 showing a population growth of 4.4% in the area during that time. The predominant age group in George Town is 60-69 years. Households in George Town are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in George Town work in a labourer occupation.In 2021, 62.70% of the homes in George Town were owner-occupied compared with 59.20% in 2016.

George Town has 2,668 properties. Over the last 5 years, Houses in George Town have seen a 55.37% increase in median value, while Units have seen a 72.05% increase. As at 30 November 2025:

  • The median value for Houses in George Town is $398,187 while the median value for Units is $368,307.
  • Houses have a median rent of $400 while Units have a median rent of $295.
There are currently 35 properties listed for sale, and 7 properties listed for rent in George town on OnTheHouse. According to Cotality's data, 142 properties were sold in the past 12 months in George town.

Suburb Insights for George Town 7253

Market Insights
George Town Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
George Town Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.