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Back 49 Lyell Highway
Off Market

49 Lyell Highway

Granton TAS 7030

4
2
4
162 m²
2034 m²
House
Last sold for $720,000
Fiona JohnsonFiona Johnson, last sold this property on 01 September 2025 after 91 days on market.

Overview

Dual Living with Water Views

Live in the main house and start collecting rent from the separate one bedroom studio, this unique estate boasts uninterrupted water views of the Derwent River and new Bridgewater Bridge. Perfect for first home buyers and investors alike. If you love the idea of having some space around you with the convenience of being 5 minutes from supermarkets, shops and schools, then you must take a look at this riverside gem. Set on a generous 2034sqm block with two street frontages, you will fall in love with the gorgeous 1953 built timber cottage. Plenty of space for your pets, children and chickens to free range while you start planning your next dinner party. Brimming with original features, the home offers two good sized bedrooms with built in robes plus a sunroom which could serve as a third bedroom or home office. The bathroom is a blend of 1950's nostalgia and modern comforts, with retro 'pink' tub and separate shower. Featuring an internal laundry, open plan living/dining space which is kept toasty warm by the open fireplace and heat pump. The hardwood timber flooring give this home a welcoming feel and the expansive windows perfectly frame the impressive water views and black swans. The retro kitchen features timber cupboards, light filled space and views of the river and the mountains beyond. With the added bonus of a council approved one bedroom studio, privately tucked away from the main house, there is also plenty of room on the property for cars while still having room to park your boat, caravan or camper. The possibilities really are endless for those wanting to be the next lucky owners of this unique piece of Tasmania. The studio is tenanted until Jan 2026 with a lease in place and guaranteed income of $280 per week, while the main house is owner occupied and waiting for the new owners to move in. Council Rates: Approx. $1,924 p.a. Water Rates: Approx. $875 p.a. Rental Appraisal: $495 per week - main house + $280 per week for studio

Features

4 bedrooms
2 bathrooms
4 carspaces
162 m² floor area
2034 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Granton over the last 12 months, the estimated median property value of 49 Lyell Highway is $917.5k.

Median value
$917.5k
Estimated value range
$720k - $1.38m
Median days on market
48
Estimated value trend
3%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Granton. 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 49 Lyell Highway

2026
Rented
Undisclosed
Leased on 25 Mar 2026 by CPPM Property Management and Sales
2025
Rented
Undisclosed
Leased on 17 Sep 2025 by CPPM Property Management and Sales
2025
Sold
$720,000
Private Sale/Treaty on 01 Sep 2025 by Fiona Johnson, of CPPM Property Management and Sales

Happy sellers in Granton

92%
92% of sellers in Granton reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 9 reviews in Granton over the last 12 months.

Local market activity for 4 bedroom houses in Granton

In the last 12 months, 7 four-bedroom houses similar to 49 Lyell Highway, have been sold.

This represents a 14% 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 Granton

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Aaron Murray

Sellers who recommend Aaron Murray have praised them for being clear communication, local expert, responsive, friendly, supportive, easy to work with and well-prepared

  •   4.9   (318 reviews)
  •  6 Reviews in Granton
  •  3 Sales in Granton
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Jeff Belbin

Sellers who recommend Jeff Belbin have praised them for being clear communication, local expert, responsive, supportive, friendly, honest and reliable

  •   5   (94 reviews)
  •  2 Reviews in Granton
  •  1 Sale in Granton
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Mark Brudenell

Sellers who recommend Mark Brudenell have praised them for being local expert, clear communication, honest, reliable, dedicated, supportive and detail-oriented

  •   4.9   (27 reviews)
  •  1 Review in Granton
  •  2 Sales in Granton
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Colin Miller

Colin Miller is a recommended agent for Granton.  They have 2 local sales and collected 1 local review across the last 12 months.

  •   4.9   (305 reviews)
  •  1 Review in Granton
  •  2 Sales in Granton
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