38 Oaktree Road, Youngtown TAS 7249

Renovated 1960s brick home | generous 751m² block | elevated views | quiet Youngtown pocket | strong rental yield This property presents a rare combination of a fully renovated interior and a substantial 751m² block in a tightly held residential pocket of Youngtown, which is uncommon at this price point. The double-length garage with workshop and the added second toilet are practical upgrades that improve everyday function and broaden buyer appeal. The house is best suited to first-home buyers seeking a low-maintenance, move-in ready home with outdoor space, or investors targeting a gross rental yield of 4.3–4.5% in a stable Launceston City Council area. The single bathroom for three bedrooms is a limitation for families and may cap long-term resale value, though it is typical for the era. The modest 104m² floor area relative to the land size suggests potential for future extension or subdivision, subject to council approval. Buyers should verify the quality of the renovation, particularly insulation and heating, and inspect under-house areas for moisture or compliance issues. The quiet location and established gardens reduce ongoing maintenance risk, while the elevated outlook adds a quality-of-life advantage that supports both owner-occupier and tenant demand.