Burnie the cheapest place to purchase a unit in Tasmania: Investar

Burnie the cheapest place to purchase a unit in Tasmania: Investar
Burnie the cheapest place to purchase a unit in Tasmania: Investar

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

The property investment firm says that the average median price of a two bedroom unit at Burnie is $139,000.

This is followed by East Devonport with $149,000 and Launceston with $155,000 for a studio or one bedroom.

Suburb

Postcode

Bedrooms

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

$170,000

A two bedroom unit at 25/47 North Terrace, Burnie (above) has been listed for sale for $109,000. It last sold for $87,500 in 2004.

Similarly a two bedroom unit at 38/47 North Terrace, Burnie (below) has been listed for $135,000 after last trading for the same price in 2010.

Burnie the cheapest place to purchase a unit in Tasmania: Investar

A two bedroom unit at 13/47 North Terrace, Burnie (below) has been sold for $100,000, going back from its 2008 sale of $120,000.

Burnie the cheapest place to purchase a unit in Tasmania: Investar

Similarly a two bedroom unit at 4/3 Vernon Place, Burnie (below) has been sold for $150,000, only increasing $2,500 in five years.

Burnie the cheapest place to purchase a unit in Tasmania: Investar

Tags: 
Investar Burnie

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