Back 1/8 Lambert Street
Off Market

1/8 Lambert Street

Ravenswood TAS 7250

2
1
1
72 m²
383 m²
Unit
Last sold for $285,000
Richard BaileyRichard Bailey, last sold this property on 10 July 2025 after 27 days on market.

Overview

Freshly Renovated & Move-In Ready – Two Modern Units

An excellent opportunity to secure one or both of these newly refurbished units, perfect for homeowners or investors. Thoughtfully updated with modern neutral tones, each unit offers contemporary living in a convenient location, with a strong expected rental return of $360–$380 per week. Features: • Expected rental return: $360–$380 per week • Fully renovated interiors with a fresh, modern feel • Brand-new kitchen with quality appliances • Stylish new bathroom • New carpet in living areas and bedrooms • Two bedrooms, both with built-in wardrobes • Freshly painted throughout • Unit 1: Balcony off the living area plus additional outdoor space to the side • Unit 2: Secure fenced yard with a garden shed • Single garage for each unit • Walking distance to local shops, primary school, and childcare • Just 5 minutes' drive to Kmart, CBD, and the University Whether you're looking for a ready-to-move-in home or a solid investment in a sought-after location, these updated units offer a fantastic opportunity with great rental appeal.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
72 m² floor area
383 m² lot size
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Ravenswood over the last 12 months, the estimated median property value of 1/8 Lambert Street is $355k.

Median value
$355k
Estimated value range
$260k - $440k
Median days on market
330
Estimated value trend
34%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Ravenswood. 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 1/8 Lambert Street

2025
Sold
$285,000
10 Jul 2025 by Richard Bailey, of The Agency Northern Tasmania

Happy sellers in Ravenswood

98%
98% of sellers in Ravenswood reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 7 reviews in Ravenswood over the last 12 months.

Local market activity for 2 bedroom units in Ravenswood

In the last 12 months, 4 two-bedroom units similar to 1/8 Lambert Street, have been sold.

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