1/46 Nairana Ave, Shorewell Park, TAS 7320 | Property Value & History | OnTheHouse
OFF MARKET

Nairana Avenue
Shorewell Park TAS 7320

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 270m2
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Last updated 21 Sep 2026
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Property Details for 1/46 Nairana Ave, Shorewell Park

1/46 Nairana Ave, Shorewell Park is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 270m2.

Building Type
Unit
Land Size
270m2
Local Government
Burnie

Last Listing description (August 2025)

This near-new, low-maintenance unit offers a compelling opportunity for investors seeking stability and growth in Tasmania's evolving property landscape. Currently leased to a government tenant, the property ensures consistent rental income, providing peace of mind for discerning investors.
Key Features:
Modern Construction: Built with contemporary design and quality finishes, minimizing upkeep and appealing to quality tenants.

Reliable Tenancy: Secured by a government tenant, offering dependable rental returns.
Strategic Location: Situated in Shorewell Park, the property is in proximity to essential amenities.
Local Amenities:
Education: Close to Hellyer College, Marist College, Stella Maris Primary School & Burnie Primary School, catering to families and educational professionals.
Healthcare: Near the public and private Hospitals, and key healthcare facilities in the area.
Shopping & Services: Close to Park Grove IGA as well as Hilltop Plaza Shopping Centre, providing supermarkets, pharmacies, and other essential services.
Investment Highlights:
Attractive Rental Yield: The property currently offers a rental yield of 5.47%, surpassing the area's average for units. (Savings.com.au)
Depreciation Benefits: As a near-new build, investors may be eligible for depreciation advantages, potentially enhancing after-tax returns.
Why Invest in Burnie?
Burnie is emerging as a focal point in Tasmania's economic development, particularly with initiatives like the North West Renewable Energy Zone and the Marinus Link project. These developments are poised to create jobs and stimulate economic growth.
The local property market reflects this positive trajectory, with units in Burnie yielding an average of 4.98%. (Yourinvestmentpropertymag.com.au)
This property represents a blend of immediate rental income and potential for capital appreciation, set against the backdrop of Burnie's ongoing transformation.

DISCLAIMER: While Elders Real Estate Burnie has taken every care to verify the accuracy of the details in this advertisement, we cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters

Property History for 1/46 Nairana Ave, Shorewell Park, TAS 7320

A timeline of how this property has performed in the market
  • 03 Jun 2025
    Listed for Sale $381,000
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About Shorewell Park 7320

The size of Shorewell Park is approximately 3.7 square kilometres. There are 2 parks, covering nearly 2.3% of the total area. The population of Shorewell Park in 2016 was 2008 people. By 2021 the population was 2150 showing a population growth of 7.1% in the area during that time. The predominant age group in Shorewell Park is 10-19 years. Households in Shorewell Park are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Shorewell Park work in a labourer occupation.In 2021, 39.70% of the homes in Shorewell Park were owner-occupied compared with 35.50% in 2016.

Shorewell Park has 977 properties. Over the last 5 years, Houses in Shorewell Park have seen a 63.72% increase in median value, while Units have seen a 55.85% increase. As at 31 August 2026:

  • The median value for Houses in Shorewell Park is $509,090 while the median value for Units is $425,453.
  • Houses have a median rent of $410 while Units have a median rent of $330.
There are currently 5 properties listed for sale, and no properties listed for rent in Shorewell park on OnTheHouse. According to Cotality's data, 49 properties were sold in the past 12 months in Shorewell park.

Suburb Insights for Shorewell Park 7320

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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.