RateMyAgentGo to search
Back 168 Steele Street
Off Market

168 Steele Street

Devonport TAS 7310

4
2
3
128.9 m²
966 m²
House
Last sold for $695,000
Vanessa GoodwinVanessa Goodwin, last sold this property on 25 September 2025 after 2 days on market.

Overview

HIGH-YIELD INVESTMENT OR FLEXIBLE DUAL-LIVING OPPORTUNITY

168 Steele Street presents an exceptional opportunity for both investors and families, offering multiple income streams, flexible living arrangements, and a central Devonport location. For investors, the property is configured to maximise returns with three distinct rental options. A self-contained studio with private entry, open plan living, one bedroom, one bathroom, and off-street parking is currently leased at $280 per week, with a confirmed increase to $350 per week. The 11m x 6m external shed also has a lease in place and is achieving $90 per week. The main residence is currently vacant and presents an excellent investment opportunity, with an estimated rental income of $520–$550 per week. Designed for comfortable living, it features three bedrooms, a study, a modern kitchen, an updated bathroom, and sun-drenched living spaces that embrace the north-facing aspect and capture beautiful water views. Combined, the property offers the potential to generate over $1,000 per week, representing a strong yield and secure income-producing asset. Beyond its investment credentials, the property also caters beautifully to lifestyle buyers. Families with older children or those seeking multi-generational living will appreciate the independence of the separate studio and flat, while still enjoying the connection of a shared home. The internal staircase links to a versatile lower-level rumpus or home office, alongside the main laundry and single garage, adding further flexibility. Practical features such as an 11 x 6 metre shed with an extra-height roller door, a secure yard, and extensive off-street parking further enhance the property's appeal. This substantial brick home offers immediate rental income, long-term growth prospects, and a layout that suits both investors and families looking for adaptable living. With multiple income streams, modern updates, and a prime location, 168 Steele Street is the ideal choice for investors or families seeking flexibility and long-term growth. **McGrath Devonport believes the information contained is accurate; however, interested parties should rely upon their own enquiries. Plans are indicative only.

Features

4 bedrooms
2 bathrooms
3 carspaces
3 open car spaces
128.9 m² floor area
966 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Devonport over the last 12 months, the estimated median property value of 168 Steele Street is $675k.

Median value
$675k
Estimated value range
$390k - $1.73m
Median days on market
46
Estimated value trend
19%
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 168 Steele Street

2025
Rented
Undisclosed
Leased on 15 Nov 2025 by McGrath Devonport
2025
Sold
$695,000
25 Sep 2025 by Vanessa Goodwin, of McGrath Devonport
2021
Sold
$465,000
25 Feb 2021 by James Leslie, of Hudson 365

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 42 reviews in Devonport over the last 12 months.

Local market activity for 4 bedroom houses in Devonport

In the last 12 months, 56 four-bedroom houses similar to 168 Steele Street, have been sold.

This represents a 29% decrease in four-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Devonport

placeholder
Leigh Jordan

Sellers who recommend Leigh Jordan have praised them for being clear communication, local expert, responsive, reliable, friendly, supportive and well-prepared

  •   4.9   (953 reviews)
  •  16 Reviews in Devonport
  •  41 Sales in Devonport
View profile
placeholder
Jarrod Burr

Jarrod Burr is an award winning recommended agent for Devonport.  They have 14 local sales and collected 15 local reviews across the last 12 months.

  •   5   (25 reviews)
  •  15 Reviews in Devonport
  •  14 Sales in Devonport
View profile
placeholder
Kurt Knowles

Kurt Knowles is an award winning recommended agent for Devonport.  They have 9 local sales and collected 7 local reviews across the last 12 months.

  •   4.9   (217 reviews)
  •  7 Reviews in Devonport
  •  9 Sales in Devonport
View profile
placeholder
Wendy Squibb

Wendy Squibb is a recommended agent for Devonport.  They have 28 local sales and collected 6 local reviews across the last 12 months.

  •   4.9   (175 reviews)
  •  6 Reviews in Devonport
  •  28 Sales in Devonport
View profile
or
Skip the list and find your ideal agent to sell your propertyFind My Agent
RateMyAgent
Quick Links
© 2026 RateMyAgent
Privacy PolicyTerms & ConditionsSitemap