5 Bill Gr, Mowbray is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1963. The property has a land size of 875m2 and floor size of 126m2. While the property is not currently for sale or for rent, it was last sold in December 2025. There are other 3 bedroom House sold in Mowbray in the last 12 months.
Discover a rare opportunity in one of Mowbray's most rapidly growing pockets, where affordability and convenience continue to attract strong buyer interest. This versatile home offers an adaptable floor plan that flows exceptionally well, creating genuine potential for dual living, extended family arrangements, or an income-generating setup. Its elevated position captures outstanding, sweeping city views, an impressive backdrop that adds immediate appeal and long-term value.
Set in a quiet street, the property enjoys the perfect balance of privacy and accessibility. Mowbray's wide array of medical facilities, local services, supermarkets, cafs, and retail options are all within easy reach, and the CBD is just minutes away. This combination of lifestyle convenience and proximity to major amenities is exactly why the suburb continues to increase in popularity.
For the hands-on buyer, renovator, or investor, this property presents an exceptional chance to add size, value, and versatility quickly. With ample scope for improvement or expansion (STCA), the home provides a solid foundation for those looking to tailor a property to their needs or maximise future returns. Opportunities of this nature have become increasingly scarce in the current market, making this offering particularly compelling.
Whether you're seeking dual-living potential, a value-add project, or an investment in a high-growth area, this property is not to be overlooked.
Land Size: 876m2 approx
Year Built: 1963
Zoning: General Residential
Local Council: City of Launceston
** P R Scott Pty Ltd TRADING AS Town & Country Real Estate Tasmania has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements and figures are approximate.**
The size of Mowbray is approximately 9.4 square kilometres. It has 12 parks covering nearly 15.5% of total area. The population of Mowbray in 2016 was 3733 people. By 2021 the population was 4048 showing a population growth of 8.4% in the area during that time. The predominant age group in Mowbray is 20-29 years. Households in Mowbray are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mowbray work in a community and personal service occupation.In 2021, 46.10% of the homes in Mowbray were owner-occupied compared with 47.90% in 2016.
Mowbray has 1,910 properties. Over the last 5 years, Houses in Mowbray have seen a 56.98% increase in median value, while Units have seen a 54.63% increase. As at 28 February 2026:
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