Back 17 Pearce Street
Off Market

17 Pearce Street

Branxholm TAS 7261

3
2
4169 m²
House
Last sold for $510,000
Justin WigginsJustin Wiggins, last sold this property on 28 January 2026 after 89 days on market.

Overview

Solid Investment with Subdivision Potential "Branxies"

Sold as-is, including all furniture and the three accommodation containers. Already a proven Airbnb success story, "Branxies" offers an exceptional opportunity for investors or lifestyle buyers seeking a solid return with exciting future potential. Set on a generous 4,169m² block in the charming village of Branxholm, this stylish, character-filled property combines a well-established short-stay income stream with the prospect of further development (STCA). Offered fully furnished, the home has been thoughtfully styled to maximize Airbnb appeal and guest comfort. It has recently been painted throughout and features brand new carpets, blinds, beds, a BBQ, outdoor furniture, a fire pit, and modern appliances including a new oven and dryer. With fast NBN connectivity, contemporary furnishings, and a bright, welcoming atmosphere, Branxies is perfectly presented for continued short-term accommodation success or for private use as a relaxing North East Tasmanian retreat. The spacious and practical layout includes large sun-filled living and dining areas, three inviting bedrooms, two bathrooms, a serviceable kitchen, and a practical laundry and mudroom entrance. A generous wrap-around deck captures sweeping views over the Branxholm Valley, providing the ideal spot to unwind or entertain. The property also features reverse cycle heating and cooling, BBQ facilities, lockable bike storage, a dedicated bike wash area, and ample parking for four or more cars or trailers. Branxholm is located just ten minutes from Derby and its world-famous mountain bike trails and floating sauna, or around 30 minutes by bike along the scenic BranxholmDerby link trail. The village itself provides all essential amenities, including a well-stocked IGA supermarket, the Branxholm Imperial Hotel, pharmacy, café and providore options, and a 25-metre public pool offering free entry during summer. Adding further value, there is a council-approved proposal to construct a second dwelling on the property, along with a feasible plan to subdivide approximately 1,000m² from the main title, subject to final Dorset Council approval. The property has no bushfire overlay, simplifying future development considerations. A quote from a private surveyor and related drawings are available upon request. This is an ideal opportunity to secure a high-performing investment in Tasmania's vibrant North East. Whether you continue to enjoy the strong Airbnb income, explore subdivision and development potential, or simply make Branxies your own getaway, the possibilities are as inviting as the property itself.

Features

3 bedrooms
2 bathrooms
4169 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Branxholm over the last 12 months, the estimated median property value of 17 Pearce Street is $335k.

Median value
$335k
Estimated value range
$215k - $510k
Median days on market
212
Estimated value trend
-18%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Branxholm. 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 17 Pearce Street

2026
Sold
$510,000
Private Sale/Treaty on 28 Jan 2026 by Justin Wiggins, of Elders Launceston
2023
Sold
$450,000
Private Sale/Treaty on 25 May 2023 by Justin Wiggins, of Elders Launceston
2020
Sold
Undisclosed
Private Sale/Treaty on 28 Jan 2020 by Justin Wiggins, of Roberts Real Estate Launceston

Happy sellers in Branxholm

80%
80% of sellers in Branxholm reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 3 reviews in Branxholm over the last 12 months.

Local market activity for 3 bedroom houses in Branxholm

In the last 12 months, 3 three-bedroom houses similar to 17 Pearce Street, have been sold.

This represents a 100% decrease in three-bedroom houses sales when compared to the previous 12 months.

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