1/58 Friend StreetGeorge Town TAS 7253
Property Details for 1/58 Friend St, George Town
1/58 Friend St, George Town is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1971. The property has a land size of 1459m2 and floor size of 232m2.
Last Listing description (March 2017)
This property is a solid investment with four adjoined units, each unit having its own undercover car space. The property has had long term tenants in place over its history. All four of the units currently have leases in place receiving a return of almost 9%
The property is centrally located and only a short walk to the town centre, shops, schools, hospital and doctors surgery.
George Town has a lot to offer with 3 schools, modern hospital, 2 supermarkets as well as hardware supplies and other shopping conveniences. There are also a number of sporting facilities, swimming centre and social clubs. All this only minutes from the beach and only a 35 minute drive to Launceston.
Property History for 1/58 Friend St, George Town, TAS 7253
- 21 Mar 2017Listed for Sale $320,000
- 14 Feb 2017Listed for Rent $140 / week
- 03 Feb 2016Listed for Rent - Price not available
Recent sales nearby
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0About 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.
Suburb Insights for George Town 7253
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