40 Faraday StreetRavenswood TAS 7250
Property Details for 40 Faraday St, Ravenswood
40 Faraday St, Ravenswood is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1982. The property has a land size of 577m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in October 2021.
Last Listing description (November 2021)
All the basics are here to get yourself a great little property at an affordable price in a hot market. The floor coverings have been removed and you have the option of laying carpet or polishing the boards. You won't necessarily find the colour scheme to your liking and our advice is to bring the paintbrush along and give the inside a new lease of life. Get yourself some new curtains or blinds and you have the finished product. You may want to modernise the kitchen and bathroom at some stage but they are fine as is. Heating is a massive wood heater that will keep you as "warm as toast". The outside is a basic lawn and once again, you can add your own touch. There's a surprise for you in the backyard with a fully lined and carpeted room that can be used as a rumpus room or a workshop. You won't have a massive backyard to tie you down on weekends but it does have a variety of fruit trees and you have a carport to keep the vehicle out of the weather. If you are an investor you need to talk to us about the potential rental return which you will find excellent. At only 15 minutes from Launceston, you have a great opportunity to either join the real estate market or add to your portfolio.
Land Size: 577m2 approx.
Building Size: 115m2 approx.
Local council: Launceston
We have in preparing this document used our best endeavors to ensure the information is true & accurate. Prospective purchaser are advised to carry out their own investigations
Property History for 40 Faraday St, Ravenswood, TAS 7250
- 13 Oct 2021Sold for $270,000
- 06 Oct 2021Listed for Sale Offers Over $199,000
- 05 Jun 1998Sold for $59,000
Recent sales nearby
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0About Ravenswood 7250
The size of Ravenswood is approximately 10.2 square kilometres. There are 6 parks, covering nearly 8.7% of the total area. The population of Ravenswood in 2016 was 3625 people. By 2021 the population was 3804 showing a population growth of 4.9% in the area during that time. The predominant age group in Ravenswood is 20-29 years. Households in Ravenswood are primarily single parents and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Ravenswood work in a labourer occupation.In 2021, 47.60% of the homes in Ravenswood were owner-occupied compared with 47.10% in 2016.
Ravenswood has 1,577 properties. Over the last 5 years, Houses in Ravenswood have seen a 81.84% increase in median value, while Units have seen a 51.76% increase. As at 31 July 2026:
- The median value for Houses in Ravenswood is $491,535 while the median value for Units is $364,300.
- Houses have a median rent of $450 while Units have a median rent of $300.
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