Tasman Highway, Waverley, TAS 7250
$485k Purchase + 5% Yield with Airbnb Upside (8% Projected)
Purchased: $485,000
Rent Appraisal: $485/week
Current Yield: 5.0% (Long-Term Rent)
Projected Airbnb Yield: ~8%
Beds / Baths / Parking: 3 / 2 / 4
Land Size: 599 m²
- Strong Land Component for Future Growth
- Positive Cash Flow with Airbnb Conversion Potential
- Low-Entry Price Point in a Fast-Growing Launceston Suburb
Purchased at $485k, this neat 3-bedroom home delivers a 5% long-term rental yield with the flexibility to convert into a short-term rental achieving 8%+ projected Airbnb returns. Positioned on a 599 m² block in Waverley, this property offers immediate income and future upside in one of Launceston’s most promising growth corridors.