58 Emmett StreetSmithton TAS 7330
Property Details for 58 Emmett St, Smithton
58 Emmett St, Smithton is a 4 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 1939. The property has a land size of 928m2 and floor size of 325m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
Last Listing description (November 2024)
Here is your opportunity to be the next owner of this prominent main street building in the centre of the main street of Smithton. The solid brick 1930's building was constructed as a bank with a generous four bedroom residence at the rear. The shopfront is leased by Spinks Property Services and has occupied by the business since 1988. Commercial lease in place with options until 2030.
Income Spinks Property Services $2003 per month (incl GST) $21,840 p.a. net. The initial 3-year lease commenced 22/5/15 with a further 5 x 3-year options. 1% annual rent increases.
House $290 per week $15,080 p.a.
Expenses
Council rates $3157
Land Tax $584
Taswater $1140
Management fees $1500
Insurance $2454
Minus SPS share $2440 (50% rates, Taswater and land tax)
Total $6395
Net rental $30,525 per annum.
Property History for 58 Emmett St, Smithton, TAS 7330
- 15 Nov 2024Listed for Sale $450,000 to $480,000
- 01 Sep 2023Sold for $410,000
- 01 Aug 2023Listed for Sale $450,000 to $480,000
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0About Smithton 7330
The size of Smithton is approximately 91.3 square kilometres. It has 18 parks covering nearly 4.6% of total area. The population of Smithton in 2016 was 3881 people. By 2021 the population was 3934 showing a population growth of 1.4% in the area during that time. The predominant age group in Smithton is 60-69 years. Households in Smithton are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Smithton work in a labourer occupation.In 2021, 67.80% of the homes in Smithton were owner-occupied compared with 65.70% in 2016.
Smithton has 2,194 properties. Over the last 5 years, Houses in Smithton have seen a 79.53% increase in median value, while Units have seen a 34.22% increase. As at 31 December 2025:
- The median value for Houses in Smithton is $426,699 while the median value for Units is $319,498.
- Houses have a median rent of $400 while Units have a median rent of $303.
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