13 Saltwater Rise, Seven Mile Beach TAS 7170

13 Saltwater Rise, Seven Mile Beach TAS 7170
Flood overlay, bushfire risk, multi-generational design, strong yield potential | 2.5 acres seldom available in this market. This property carries a measurable cost in its bushfire and flood overlaysβ€”these will increase insurance premiums and may constrain certain renovationsβ€”but the scale and zoning allow for a configuration that offsets those costs through dual-income potential from the second kitchen and separate living zones. The 2.5-acre holding at this elevation within the Cambridge Primary School intake is a rare combination; comparable parcels of this size rarely come with uninterrupted coastal views and pre-installed grey water and solar systems. On balance, the risk-to-reward equation favors the buyer who intends to hold for more than five years and either occupy as a multi-generational compound or lease part of the structure to capture premium holiday rental rates for the Seven Mile Beach corridor. Competitively, the absence of a heritage overlay and the 5% building coverage ratio give a buyer unusual optionalityβ€”you could expand the existing footprint or subdivide subject to council approval, which most houses in this price band simply do not offer. The four bathrooms and seven bedrooms, combined with the rumpus room and separate study, serve a buyer who needs flexibility for guests, adult children, or a home-based business. This property best serves a family or investor who values land banking with immediate liveability, rather than a pure turnkey luxury purchase. This property deserves a physical inspection to test the flood overlay boundaries and confirm the solar yield; book a site visit before April 15 to secure a pre-sale valuation that accounts for the dual-living potential.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Seven Mile Beach is a premium coastal suburb near Hobart, characterised by a high-income professional demographic. Demand is driven by these affluent residents seeking substantial family homes, evidenced by strong sales activity for three and four-bedroom properties. The market is tight, with houses selling rapidly, indicating sustained buyer competition. Future growth is underpinned by this established demand profile, though limited unit supply and a reliance on a narrow segment of high-value house sales present a concentration risk.
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PropCred Estimated Value

Bedrooms

7

Bathroom

4

Parking

12

Land

1.01 ha

Assessments Delivered Today

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