Back 5 Bill Grove
Off Market

5 Bill Grove

Mowbray TAS 7248

3
2
2
126 m²
875 m²
House
Last sold for $452,500
Kyle BarrettKyle Barrett, last sold this property on 14 December 2025 after 3 days on market.

Overview

Elevated Potential in Mowbray: Ideal for Renovators and Investors

Discover a rare opportunity in one of Mowbray's most rapidly growing pockets, where affordability and convenience continue to attract strong buyer interest. This versatile home offers an adaptable floor plan that flows exceptionally well, creating genuine potential for dual living, extended family arrangements, or an income-generating setup. Its elevated position captures outstanding, sweeping city views, an impressive backdrop that adds immediate appeal and long-term value. Set in a quiet street, the property enjoys the perfect balance of privacy and accessibility. Mowbray's wide array of medical facilities, local services, supermarkets, cafés, and retail options are all within easy reach, and the CBD is just minutes away. This combination of lifestyle convenience and proximity to major amenities is exactly why the suburb continues to increase in popularity. For the hands-on buyer, renovator, or investor, this property presents an exceptional chance to add size, value, and versatility quickly. With ample scope for improvement or expansion (STCA), the home provides a solid foundation for those looking to tailor a property to their needs or maximise future returns. Opportunities of this nature have become increasingly scarce in the current market, making this offering particularly compelling. Whether you're seeking dual-living potential, a value-add project, or an investment in a high-growth area, this property is not to be overlooked. Land Size: 876m2 approx Year Built: 1963 Zoning: General Residential Local Council: City of Launceston ** P R Scott Pty Ltd TRADING AS Town & Country Real Estate Tasmania has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements and figures are approximate.**

Features

3 bedrooms
2 bathrooms
2 carspaces
126 m² floor area
875 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Mowbray over the last 12 months, the estimated median property value of 5 Bill Grove is $522.5k.

Median value
$522.5k
Estimated value range
$360k - $683.5k
Median days on market
26
Estimated value trend
19%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Mowbray. 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 5 Bill Grove

2025
Sold
$452,500
Private Sale/Treaty on 14 Dec 2025 by Kyle Barrett, of Town & Country Real Estate Tasmania

Happy sellers in Mowbray

99%
99% of sellers in Mowbray reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 13 reviews in Mowbray over the last 12 months.

Local market activity for 3 bedroom houses in Mowbray

In the last 12 months, 62 three-bedroom houses similar to 5 Bill Grove, have been sold.

This represents a 13% decrease in three-bedroom houses sales when compared to the previous 12 months.

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