Back 16 Coraki Street
Off Market

16 Coraki Street

East Devonport TAS 7310

3
1
99 m²
829 m²
House
Last sold for $475,000
Colin LeiperColin Leiper, last sold this property on 24 September 2025 after 72 days on market.

Overview

Investor Opportunity: Solid Brick Home on Large Corner Block

16 Coraki Street presents a smart investment opportunity in the increasingly popular East Devonport market. Set on a generous 827m² corner allotment, this low-maintenance brick home offers immediate rental appeal with future scope for value-adding (STCA). Inside, the home is an updated kitchen offering good storage and functionality, while the renovated bathroom includes a shower over bath, modern tiling, and a contemporary vanity. All three bedrooms are well-sizedtwo with built-in wardrobesand the home features a heat pump for easy climate control, a separate laundry, and a practical layout for tenants. An undercover outdoor area is accessible directly off the living space and is equipped with roll down blinds for year round use. The fully fenced backyard provides plenty of room for kids & pets and there is the potential to add further improvements such as a shed or studio (STCA). The property is currently tenanted at $470 per week (effective 15th Aug) with the lease in place until August 2026. East Devonport continues to gain attention for its affordability and amenity access. Within minutes of schools, local shops, doctors and parks, the home is also close to major transport links including the Spirit of Tasmania terminal and Devonport Airport. Devonport's city centre is just a short drive over the bridge. Whether you're expanding your portfolio or entering the market with a reliable investment in mind this property is worth your attention. Contact Colin on 0408 666 301 for further information or to arrange your private inspection. Disclaimer: We have obtained all information in this document from sources we believe to be reliable; However we cannot guarantee its accuracy and no warranty or representation is given or made as to the correctness of information supplied and neither the Vendors or their Agent can accept responsibility for error or omissions. Prospective Purchasers are advised to carry out their own investigations. All inclusions and exclusions must be confirmed in the Contract of Sale.

Features

3 bedrooms
1 bathroom
99 m² floor area
829 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in East Devonport over the last 12 months, the estimated median property value of 16 Coraki Street is $530k.

Median value
$530k
Estimated value range
$310k - $815k
Median days on market
39
Estimated value trend
36%
increase over the last 12 months
Average days on market is based on recent, comparable sales in East 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 16 Coraki Street

2025
Sold
$475,000
Private Sale/Treaty on 24 Sep 2025 by Colin Leiper, of View Real Estate Latrobe & Devonport
2024
Rented
Undisclosed
Leased on 25 Jul 2024 by Harcourts Devonport & Shearwater
2024
Sold
Undisclosed
12 Jun 2024 by Amanda Rose, of Harcourts Devonport & Shearwater

Happy sellers in East Devonport

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

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

This is based on voluntary sentiment collected from 16 reviews in East Devonport over the last 12 months.

Local market activity for 3 bedroom houses in East Devonport

In the last 12 months, 41 three-bedroom houses similar to 16 Coraki Street, have been sold.

This represents a 3% increase in three-bedroom houses sales when compared to the previous 12 months.

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