Burnie the cheapest Tasmanian locality to buy a unit: Investar
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.
A two bedroom unit at 3/70 Moody Street, Burnie (below) was recently sold for $150,000.
Similarly a two bedroom unit at 4/3 Hayes Street, Hillcrest (below) was recently sold in January this year for $132,000.