58 Bain TerraceTrevallyn TAS 7250
Property Details for 58 Bain Tce, Trevallyn
58 Bain Tce, Trevallyn is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1937. The property has a land size of 436m2 and floor size of 185m2. While the property is not currently for sale or for rent, it was last sold in January 2024.
Last Listing description (March 2024)
Positioned on prime real estate, next to the Trevallyn shops and bakery, this Circa 1937 home has been divided into three flats with an excellent combined income and a rental yield in excess of 6.5%. It is currently configured as two 2-bedroom units and one 1-bedroom unit and all are very tidy with great tenants in place on long leases - an easy investment.
Features:
Weatherboard and imitation tile five-bedroom, three-bathroom property
Spacious living areas in each of the units
Units 1 & 2 have modern kitchen upgrades already
Bathrooms have also been upgraded over time
Reverse cycle air conditioning in each unit
Shared laundry including a washing machine for each unit (3)
Only 30m to Trevallyn shops, bakery, post office & grocery store
Close to community sporting facilities (tennis, bowls, cricket clubs)
Close to the Cataract Gorge and an abundance of scenic walking trails
Close to a private and public schools, shops & supermarkets & all city conveniences
Only 3 minutes' drive to Launceston's CBD (or 18 minute walk)
Contact Jeremy Wilkinson or Nav Kaur for further information.
Current rental return: Unit 1 - $305 pw lease end 27/8/2024, Unit 2 - $345 pw lease end 14/2/2025 & Unit 3 - $335 pw lease end 9/08/2024
House size: 188 sqm
Land size: 436 sqm
Built: 1937
Council rates: $3991 pa
Zoning: General Residential
Council: Launceston
Heritage listed: No
**Harcourts Launceston 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 are approximate**
Property History for 58 Bain Tce, Trevallyn, TAS 7250
- 08 Jan 2024Sold for $700,000
- 05 Apr 2023Listed for Sale Not Disclosed
- 20 Jan 2017Listed for Rent $200 / week
Recent sales nearby
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About Trevallyn 7250
The size of Trevallyn is approximately 9.9 square kilometres. There are 9 parks, covering nearly 59.2% of the total area. The population of Trevallyn in 2016 was 4562 people. By 2021 the population was 4826 showing a population growth of 5.8% in the area during that time. The predominant age group in Trevallyn is 40-49 years. Households in Trevallyn are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Trevallyn work in a professional occupation.In 2021, 72.20% of the homes in Trevallyn were owner-occupied compared with 72.80% in 2016.
Trevallyn has 2,304 properties. Over the last 5 years, Houses in Trevallyn have seen a 46.33% increase in median value, while Units have seen a 37.93% increase. As at 31 August 2026:
- The median value for Houses in Trevallyn is $763,952 while the median value for Units is $523,300.
- Houses have a median rent of $570 while Units have a median rent of $495.
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