Back 157 Franklin Street
Off Market

157 Franklin Street

George Town TAS 7253

3
1
2
62 m²
1108 m²
House
Last sold for $440,000
Kyle BarrettKyle Barrett, last sold this property on 26 February 2026 after 17 days on market.

Overview

Affordable Market Entry + Development Potential (STCA)

Set on a generous approximately 1,108m² block, this well-located property sits close to one of George Town's three schools, Port Dalrymple School, and within easy walking distance of the town centre. Development Potential (STCA) An affordable and versatile family home, this property will appeal to a broad range of buyers including families, investors, and developers, or anyone seeking a neat, low-maintenance home with plenty of outdoor space. Its convenient location near schools and local amenities further enhances its appeal. The home features a neatly presented three-bedroom residence that has been recently updated. Comfort is assured year-round with the inclusion of both a wood heater and a reverse-cycle air conditioner. The open-plan kitchen and living area is practical and inviting, while a separate sunroom offers flexible use as a second living space, home office, gym, or children's playroom. Outside, the fully fenced yard provides a safe and spacious environment for children and pets. Additional features include a lock-up garage/workshop, ample off-street parking, and vehicle access to the backyard. George Town offers a strong community lifestyle with three schools, a modern hospital, two supermarkets, hardware supplies, sporting facilities, a swimming centre, and social clubs. The area is also home to internationally designed mountain bike trails, with beaches just minutes away. Launceston is approximately a 35-minute drive, and Launceston Airport is under an hour away. ** P R Scott Pty Ltd TRADING AS Town & Country Real Estate Tasmania has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements and figures are approximate.**

Features

3 bedrooms
1 bathroom
2 carspaces
62 m² floor area
1108 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in George Town over the last 12 months, the estimated median property value of 157 Franklin Street is $450.5k.

Median value
$450.5k
Estimated value range
$268k - $700k
Median days on market
15
Estimated value trend
20%
increase 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 157 Franklin Street

2026
Rented
Undisclosed
Leased on 07 Apr 2026 by Harcourts Devonport & Shearwater
2026
Sold
$440,000
Private Sale/Treaty on 26 Feb 2026 by Kyle Barrett, of Town & Country Real Estate Tasmania
2024
Rented
Undisclosed
Leased on 11 Nov 2024 by Harcourts East Tamar

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 3 bedroom houses in George Town

In the last 12 months, 92 three-bedroom houses similar to 157 Franklin Street, have been sold.

This represents a 46% decrease in three-bedroom houses sales when compared to the previous 12 months.

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