Back 12 Briar Crescent
Off Market

12 Briar Crescent

Gagebrook TAS 7030

3
1
5
88 m²
1284 m²
House
Last sold for $436,000
Nathan FreeNathan Free, last sold this property on 14 October 2025 after 0 days on market.

Overview

Great Investment Opportunity - Income, Land & Growth Potential

Positioned in a quiet crescent with views toward the mountains, this three-bedroom home offers both secure income and exciting development potential. Currently leased at $445 per week until March 2026, it provides immediate returns with the opportunity for future growth. Set on a generous 1,284 m² allotment adjoining a reserve, the property presents excellent long-term prospects, including the potential for subdivision (STCA). The home features a practical layout with a separate lounge, open-plan kitchen and dining area, and three well-sized bedrooms, offering comfort and functionality. Conveniently located close to schools, shops, and transport, and just 25 minutes from Hobart's CBD, this property represents a solid investment in an area known for strong rental demand and long-term capital growth. Key details: • Currently leased at $445 per week until March 2026 - secure income from day one • Large 1,284 m² block adjoining a reserve, with subdivision potential (STCA) • Three-bedroom home with practical floorplan • Separate lounge plus open-plan kitchen and dining area • Bathroom with shower over bath and separate toilet • Fully fenced yard with parking for up to five cars • Convenient under-house storage • Council rates approx. $433 per quarter • Water rates approx. $300 per quarter • Close to schools, shops and public transport • Approximately 25 minutes to Hobart's CBD

Features

3 bedrooms
1 bathroom
5 carspaces
5 open car spaces
88 m² floor area
1284 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Gagebrook over the last 12 months, the estimated median property value of 12 Briar Crescent is $436k.

Median value
$436k
Estimated value range
$380k - $495k
Median days on market
21
Estimated value trend
13%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Gagebrook. 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 12 Briar Crescent

2025
Sold
$436,000
Private Sale/Treaty on 14 Oct 2025 by Nathan Free, of EIS Property Hobart

Happy sellers in Gagebrook

96%
96% of sellers in Gagebrook reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 9 reviews in Gagebrook over the last 12 months.

Local market activity for 3 bedroom houses in Gagebrook

In the last 12 months, 12 three-bedroom houses similar to 12 Briar Crescent, have been sold.

This represents a 58% increase in three-bedroom houses sales when compared to the previous 12 months.

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