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Back 5 Gourlay St
Off Market

5 Gourlay St

Maydena TAS 7140

3
1
4
105 m²
725 m²
House
Taran Pearce-DavisTaran Pearce-Davis, last sold this property on 07 August 2025 after 56 days on market.

Overview

Exceptional Investment Opportunity or Ideal Country Home: 5 Gourlay St, Maydena

Discover an outstanding opportunity to secure a high-performing investment property or a comfortable country home in the picturesque town of Maydena, Tasmania. Located at 5 Gourlay Street, this meticulously updated residence offers immediate returns and immense future potential. Key Investment Highlights: Strong Rental Income: Currently tenanted at an impressive $420 per week, this property delivers a robust and reliable income stream, making it a highly attractive addition to any investment portfolio. Maydena has shown strong rental yields, outperforming many larger markets, with average yields around 6.0-6.4%. Recently Updated & Low Maintenance: Enjoy peace of mind with a property that has undergone significant recent updates, including a brand-new bathroom and kitchen. This ensures minimal immediate expenditure for the new owner and appeals strongly to tenants, contributing to long-term occupancy. Quality Finishes Throughout: The home boasts quality carpets, appliances, and fitments, creating a comfortable and modern living environment. These superior finishes not only enhance the property's appeal but also contribute to its longevity and value. Desirable Features for Tenants: The property offers a walk-in robe from the master bedroom and a heat pump, providing modern comforts that are highly sought after by renters in Tasmania's climate. Practicality & Space: A large garage/shed provides ample storage or workshop space, a significant drawcard for many tenants and homeowners alike. The flat block further enhances the property's usability and appeal. Growing Regional Appeal: Maydena is a growing area, particularly known for its burgeoning mountain biking park, which drives tourism and economic activity, contributing to continued rental demand. A Versatile Opportunity: Whether you're a savvy investor looking for an immediate and strong return on investment, or an individual seeking a tranquil and comfortable country retreat with income potential, 5 Gourlay Street offers the best of both worlds. The property's recent upgrades mean you can move in or continue renting with confidence, knowing the hard work has already been done. Don't miss out on this chance to secure a top investment in a promising Tasmanian location. Contact us today to arrange an inspection and unlock the potential of 5 Gourlay St, Maydena. Disclaimer: Every effort has been made to ensure the accuracy of the information provided in this advertisement. However, prospective purchasers are advised that all details are provided as a general guide only. Buyers are strongly encouraged to conduct their own independent inquiries and due diligence to verify all information and satisfy themselves as to the property's suitability. No reliance should be placed on the information contained herein. Derwent Real Estate accepts no responsibility or liability for any errors, omissions, or inaccuracies in this advertisement.

Features

3 bedrooms
1 bathroom
4 carspaces
105 m² floor area
725 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Maydena over the last 12 months, the estimated median property value of 5 Gourlay St is $408k.

Median value
$408k
Estimated value range
$365k - $605k
Median days on market
113
Estimated value trend
-8%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Maydena. 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 Gourlay St

2025
Rented
Undisclosed
Leased on 11 Aug 2025 by Derwent Real Estate
2025
Sold
Undisclosed
Private Sale/Treaty on 07 Aug 2025 by Taran Pearce-Davis, of Derwent Real Estate
2024
Rented
Undisclosed
Leased on 08 Oct 2024 by Derwent Real Estate

Happy sellers in Maydena

94%
94% of sellers in Maydena reported that their sale price either exceeded or met their price expectations.

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

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

Local market activity for 3 bedroom houses in Maydena

In the last 12 months, 5 three-bedroom houses similar to 5 Gourlay St, have been sold.

This represents a 200% 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 Maydena

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Nitin Joshi

Nitin Joshi is a recommended agent for Maydena.  They have 6 local sales and collected 5 local reviews across the last 12 months.

  •   4.9   (18 reviews)
  •  5 Reviews in Maydena
  •  6 Sales in Maydena
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Anita Fitze

Anita Fitze is a recommended agent for Maydena.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (64 reviews)
  •  1 Review in Maydena
  •  1 Sale in Maydena
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Jeff Hamilton

Jeff Hamilton is a recommended agent for Maydena.  They have 3 local sales across the last 12 months.

  •  3 Sales in Maydena
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Craig Bellgrove

Craig Bellgrove is a recommended agent for Maydena.  They have 1 local sale across the last 12 months.

  •  1 Sale in Maydena
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