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Back 29-31 Elizabeth Street
Off Market

29-31 Elizabeth Street

Devonport TAS 7310

3
1
152 m²
1915 m²
House
Last sold for $660,000
Vanessa GoodwinVanessa Goodwin, last sold this property on 03 June 2026 after 40 days on market.

Overview

Versatile Opportunity on 1,915m² - Live, Lease or Develop (STCA)

Positioned in a highly accessible pocket of Devonport, 29-31 Elizabeth Street presents a rare and flexible opportunity for investors, developers, and owner-occupiers alike. Set on a substantial 1,915m² parcel of land and zoned "Light Industrial", this property offers immediate usability with exciting future potential. The existing dwelling is a classic weatherboard home featuring three bedrooms and one bathroom, complemented by timber windows and an iron roof that reflect its original character. Inside, the home is kept comfortable with wood heating, and with a touch of refurbishment, it could be readily brought up to a rentable standard providing an income stream while you plan your next move. Externally, the property truly comes into its own. With ample parking, a large workshop, and four additional sheds, there is no shortage of storage or workspace options ideal for trades, small business operators, or those seeking extra room for equipment and projects. The land is fully fenced and benefits from connected utility services, making it both practical and functional from day one. The Light Industrial zoning opens the door to a wide range of possibilities (STCA), including redevelopment, business use, or potential subdivision. With its generous land size and strategic positioning, this is a property that can adapt to your vision whether that's holding as an investment, operating from home, or unlocking its development potential. Key Features: - 1,915m² (approx.) fully fenced allotment - Light Industrial zoning with development/subdivision potential (STCA) - Weatherboard home with 3 bedrooms, 1 bathroom - Timber windows and iron roof - Wood heating - Large workshop plus four additional sheds - Ample onsite parking - Connected utilities - Scope to renovate and lease the dwelling Opportunities of this scale and flexibility are becoming increasingly rare. Whether you're looking to invest, develop, or secure a property with long-term upside, 29-31 Elizabeth Street is well worth your consideration.

Features

3 bedrooms
1 bathroom
152 m² floor area
1915 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Devonport over the last 12 months, the estimated median property value of 29-31 Elizabeth Street is $576.69k.

Median value
$576.69k
Estimated value range
$300k - $1.56m
Median days on market
28
Estimated value trend
20%
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 29-31 Elizabeth Street

2026
Sold
$660,000
03 Jun 2026 by Vanessa Goodwin, of McGrath Devonport

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 38 reviews in Devonport over the last 12 months.

Local market activity for 3 bedroom houses in Devonport

In the last 12 months, 182 three-bedroom houses similar to 29-31 Elizabeth Street, have been sold.

This represents a 28% decrease in three-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

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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   (961 reviews)
  •  15 Reviews in Devonport
  •  34 Sales in Devonport
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Jarrod Burr

Jarrod Burr is an award winning recommended agent for Devonport.  They have 10 local sales and collected 13 local reviews across the last 12 months.

  •   5   (25 reviews)
  •  13 Reviews in Devonport
  •  10 Sales in Devonport
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Kurt Knowles

Sellers who recommend Kurt Knowles have praised them for being clear communication, local expert, friendly, responsive, supportive, well-prepared and stress-free process

  •   4.9   (222 reviews)
  •  8 Reviews in Devonport
  •  13 Sales in Devonport
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Katt Spaulding

Katt Spaulding is a recommended agent for Devonport.  They have 11 local sales and collected 3 local reviews across the last 12 months.

  •   5   (21 reviews)
  •  3 Reviews in Devonport
  •  11 Sales in Devonport
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