Back 1 Park View
Off Market

1 Park View

Devonport TAS 7310

3
1
2
98 m²
670 m²
House
Last sold for $476,000

Overview

Investment Security Meets Future Lifestyle Potential

The Phone Code for this property is: 77186. Please quote this number when phoning or texting. Investment Security Meets Future Lifestyle Potential Address: 1 Park View, Devonport TAS 7310 Price: $475,000 Lease: Currently leased until 30 June 2026 Rental Return: Currently is $344 per week as of 01 July 2026 it becomes $465 per week (with potential for future increase) Land Size: Approx. 670 m² Building Size: Approx. 98 m² Bedrooms: 3Bathrooms: 1Off Street Parking: 2 Roof: Tile Set in one of Devonport's most convenient and family-friendly pockets, 1 Park View represents a rare blend of secure investment and future lifestyle opportunity. This charming three-bedroom home sits proudly on a spacious 670 m² block and is currently leased until 30 June 2026, providing guaranteed income and peace of mind for investors. Beyond the lease term, the property opens the door to your next chapter - continue earning solid rental returns, or move in and make it your own coastal home. Three spacious bedrooms, each filled with natural light. Well-maintained kitchen and living areas designed for easy everyday living. Generous 670 m² block with space for a garden, entertaining or future enhancements. Solid brick construction (circa 1976) - sturdy, low-maintenance and built to last. Off-street parking. Fully Fenced Yard - divided into 2 separate yard areas including rear outdoor patio area Quiet Street surrounded by quality homes, parks and local amenities. Current rent includes an annual government subsidy. From 01 July 2026 returns from $465 per week, with strong potential for rental growth given Devonport's rising demand. Secure lease through to mid-2026 ensures guaranteed income from day one. Low vacancy rates in Devonport make this a smart, long-term investment. Option to move in after the lease ends, turning your investment into a personal residence. Located close to Devonport CBD, schools, shops, cafes, and waterfront walking tracks. Council Rates 2025-26 - $1,736.00 Perfectly positioned near Devonport's key lifestyle attractions - from Bluff Beach and the Mersey River foreshore to Coles Beach, local parks, and the Spirit of Tasmania terminal. Residents enjoy a relaxed coastal lifestyle with all conveniences close at hand, including reputable schools, public transport and major retail centers. Whether you're a seasoned investor seeking a "set and forget" property, or a future homeowner planning ahead for a move-in date, this home ticks every box. With a strong lease in place, excellent tenant, and flexible post-lease options, 1 Park View is a standout in the current Devonport market. For further information or to arrange an inspecton please contact us: Disclaimer: Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner Pty Ltd (forsalebyowner.com.au) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

Features

3 bedrooms
1 bathroom
2 carspaces
98 m² floor area
670 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Devonport over the last 12 months, the estimated median property value of 1 Park View is $576.69k.

Median value
$576.69k
Estimated value range
$300k - $1.56m
Median days on market
28
Estimated value trend
20%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Devonport. 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 Park View

2026
Sold
$476,000
Private Sale/Treaty on 19 Jan 2026
2018
Sold
$161,000
14 Nov 2018 by Wendy Squibb, of Halliwell Property Agents
2013
Sold
$128,000
Private Sale/Treaty on 01 Dec 2013 by Edward Bugg, of One Agency Collins Real Estate

Happy sellers in Devonport

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

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

This is based on voluntary sentiment collected from 38 reviews in Devonport over the last 12 months.

Local market activity for 3 bedroom houses in Devonport

In the last 12 months, 182 three-bedroom houses similar to 1 Park View, have been sold.

This represents a 28% decrease in three-bedroom houses sales when compared to the previous 12 months.

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