Burnie ranks as cheapest Tasmanian unit locality: Investar
Staff reporterDecember 22, 2016
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 for a two bedroom unit at Burnie is $145,000.
This is followed by East Devonport with $149,000 for a two bedroom unit and Launceston with $155,000 for a studio or one redroom apartment.
Suburb | Postcode | Bedrooms | Current median price |
Burnie | 7320 | 2 | $145,000 |
East Devonport | 7310 | 2 | $149,000 |
Launceston | 7250 | Studio and one | $155,000 |
Newnham | 7248 | 2 | $162,500 |
Upper Burnie | 7320 | 2 | $164,500 |
A two bedroom unit at 34-47 North Terrace, Burnie (above) is on the market for between $119,000 to $124,000.
A two bedroom unit at 3/70 Moody Street (below) was sold recently for $150,000.
