13 Alfreds Garden, Kingston TAS 7050
13 Alfreds Garden, Kingston TAS 7050
| No flood or bushfire overlay | 38% building coverage leaves limited yard | 4 days on market suggests early pricing tension | Single bathroom constraints family appeal |
This property carries low geographic risk, given no environmental overlays and solid construction from 2007, but the 38% building coverage on a 350mΒ² lot compresses future expansion scope. The single bathroom directly limits rental yield and resale depth to couples or singles. Pricing at offers over $720k sits below the high-confidence $747k estimate, creating an entry buffer if negotiated. This is a hold for owner-occupiers seeking low-maintenance living.
Its competitive edge is the rare combination of FTTP NBN and 5G coverage in a quiet Kingston pocket, appealing to remote workers. The 134mΒ² internal area on a modest lot suits downsizers or first buyers who prioritise finish-warm timber floors and neutral palette-over land banking. Best positioned for someone who will occupy and not require quick turnover.
Comparable at 13 Sophia Street for $775k over a 1,601mΒ² lot confirms a discount here for size and single bathroom, but the per-square-metre rate of $2,135 aligns with the valuation range. Book a private inspection to confirm ceiling heights and verify the 2018 condition before making an offer.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Kingston presents as a stable, family-oriented suburb with a strong professional base, driving consistent demand from owner-occupiers. Recent price trends indicate a stabilising market for houses, while the unit segment shows modest growth. Future prospects are underpinned by significant past population growth, though the market remains sensitive to broader economic conditions.