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Back 1/47 Cimitiere Street
Off Market

1/47 Cimitiere Street

George Town TAS 7253

2
1
2
79 m²
291 m²
Unit
Last sold for $258,000
Louise GiptonLouise Gipton, last sold this property on 15 October 2025 after 2 days on market.

Overview

THIS SPACE: Great Investment

THIS SPACE PRESENTS: 1/47 Cimitiere Street, Geoge Town, Tasmania A solid brick unit, on a flat block, with its own carport and separate utilities room. George Town median unit value has increased approx. 30% from 2020 - 2023, and, given its ideal location, with underpinnings of strong industry and skilled labor force the demand for quality investments like these are increasing. The area benefits from its close location to the Bell Bay industrial hub, the focus of the Tasmanian government's renewable hydrogen production and export plans. Large capital investment projects are on the radar of the likes of Fortescue, Woodside, Origin Energy and even Spanish energy giant Iberdola. These projects may generate large increases in economic activity and jobs for the local community, increasing rental demand and providing capital growth in property prices. The unit’s location is one block from the CBD and walking distance to all local amenities including medical facilities, schools and shopping. Great access to recreation, heritage and the natural environment and being only 35 minutes to Launceston, this could be your chance at securing either a solid investment for years to come or a perfect low maintenance home. THIS SPACE: the features. - 2 good sized bedrooms with wardrobes - Private access to unit with carport - Split-system heating and cooling for year-round comfort - Low-maintenance yard - Great returns THIS SPACE: the location. George Town is set on the sea and is a short drive to Low Head – a popular fishing destination – and a 40 minute commute to Launceston. The area benefits from its close location to the Bell Bay industrial hub, the focus of the Tasmanian government's renewable hydrogen production and export plans. THIS SPACE: the details. - Current Lease: $295 per week increasing to $305 per week in January 2026 - House size: 79 sqm (approximately) - Land size: 291sqm (approximately) - Built: 1981 DISCLAIMER: This Space Real Estate provides this information for general guidance only. While every effort is made to ensure accuracy, we make no representations or warranties regarding the completeness or reliability of any information provided. All prospective purchasers should conduct their own investigations. This Space Real Estate accepts no liability for errors, omissions, or misstatements. Property Code: 94 Property Code: 94

Features

2 bedrooms
1 bathroom
2 carspaces
1 carport space
1 open car space
79 m² floor area
291 m² lot size
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in George Town over the last 12 months, the estimated median property value of 1/47 Cimitiere Street is $410k.

Median value
$410k
Estimated value range
$213k - $470k
Median days on market
63
Estimated value trend
0%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in George Town. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1/47 Cimitiere Street

2025
Rented
Undisclosed
Leased on 22 Oct 2025 by Elders Launceston
2025
Sold
$258,000
15 Oct 2025 by Louise Gipton, of This Space Real Estate

Happy sellers in George Town

94%
94% of sellers in George Town reported that their sale price either exceeded or met their price expectations.

George Town stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 58 reviews in George Town over the last 12 months.

Local market activity for 2 bedroom units in George Town

In the last 12 months, 10 two-bedroom units similar to 1/47 Cimitiere Street, have been sold.

This represents a 450% decrease in two-bedroom units sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in George Town

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David Woods

David Woods is an award winning recommended agent for George Town.  They have 79 local sales and collected 68 local reviews across the last 12 months.

  •   5   (241 reviews)
  •  68 Reviews in George Town
  •  79 Sales in George Town
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Jarrah Burns

Sellers who recommend Jarrah Burns have praised them for being clear communication, local expert, responsive, honest, friendly, reliable and supportive

  •   4.9   (713 reviews)
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  •  7 Sales in George Town
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Michael Dearsley

Sellers who recommend Michael Dearsley have praised them for being clear communication, local expert, responsive, friendly, supportive, reliable and dedicated

  •   5   (305 reviews)
  •  2 Reviews in George Town
  •  4 Sales in George Town
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Daron Gumley

Daron Gumley is a recommended agent for George Town.  They have 19 local sales across the last 12 months.

  •   5   (1 review)
  •  19 Sales in George Town
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