146 Fairy Glen Road, Collinsvale TAS 7012

4 bed cottage on 4.49ha | Myrtle Forest Creek frontage | 1944 character home | 2 living areas balcony floorboards | Collinsvale school zone The property’s competitive edge is its rare combination of a 1944 cottage with four bedrooms, two living areas, and balcony on a substantial 4.49-hectare lot with creek frontage-a configuration almost absent in the current Collinsvale market. The 215-square-metre floor plan, floorboards, and two bathrooms including an ensuite give it genuine family appeal, while the six-car capacity and bushfire overlay suggest it suits buyers seeking a semi-rural lifestyle with space for vehicles, hobbies, or small-scale use. The recent 19% median price growth in Collinsvale supports strong demand, and the property is best suited to a buyer wanting acreage with a character home rather than a modern build. Risk lies in the non-residential current land use classification and the bushfire overlay, which may affect insurance costs and future development flexibility. The 2010 purchase price of $400,000 and the current estimated value of $849,000 indicate significant capital growth, though the absence of recent comparable sales in Collinsvale creates valuation uncertainty. The property’s position on Fairy Glen Road with reliable NBN and mobile coverage adds practical value for remote workers. Hold for long-term lifestyle use or consider subdivision potential subject to council approval.