Burnie the cheapest Tasmanian locality to buy a unit: Investar

Burnie the cheapest Tasmanian locality to buy a unit: Investar
Staff reporterDecember 7, 2020

Burnie is the cheapest locality to purchase a unit in Tasmania, according to Investar’s latest report.

The property investment firm says that the median price of a unit in Burnie is $139,000.

This is followed by East Devonport with $149,000 and Launceston with $155,000.

Suburb

Postcode

Bedrooms

Current median price

Burnie

7320

2

$139,000

East Devonport

7310

2

$149,000

Launceston

7250

Studio and 1

$155,000

Newnham

7248

2

$160,000

Upper Burnie

7320

2

$164,000

A two bedroom unit at 5/47 North Terrace, Burnie (above) has been listed for $112,500.

Similarly a two bedroom unit at 25/47 North Terrace, Burnie (below) has been listed for $109,000.

Burnie the cheapest Tasmanian locality to buy a unit: Investar

A two bedroom unit at 3/70 Moody Street, Burnie (below) was recently sold for $150,000.

Burnie the cheapest Tasmanian locality to buy a unit: Investar

Similarly a two bedroom unit at 4/3 Hayes Street, Hillcrest (below) was recently sold in January this year for $132,000.

Burnie the cheapest Tasmanian locality to buy a unit: Investar

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