11A Andrew Street, Brighton TAS 7030
11A Andrew Street, Brighton TAS 7030
quiet street near new high school | level 880m² block with development upside | solid brick 1995 build | suited to families or investors
This property’s primary buying case rests on the combination of a substantial level 880m² block and a solid brick 1995 dwelling in a quiet street within walking distance of a new high school. The 12% building coverage leaves genuine room for future expansion or redevelopment, subject to council approval, which gives a buyer positional flexibility not common in this price bracket. The house itself offers comfortable three-bedroom family living with an open-plan layout flowing to a timber deck, and the seven parking spaces including a large shed add practical utility for multi-car households or those with hobbies. It serves best a family wanting proximity to schools and room to grow, or an investor seeking a property with both rental income and medium-term land-value upside.
The key risk is the single central bathroom, which may limit appeal for larger families or future resale, though the separate toilet and laundry partially mitigate this. The estimated value range from $595,000 to $700,000 suggests the listing at offers over $595,000 sits at the lower end, offering potential value if the property is bought without a bidding war. No bushfire, flood, or heritage overlays are recorded, and the Brighton Council zoning is residential, reducing regulatory uncertainty. The reliable NBN and 4G coverage are supporting conveniences rather than prime drivers. The opportunity lies in the land content and the ability to add value through a bathroom upgrade or future subdivision, making this a property where patient buyers may see above-average capital growth.
Detailed Independent Property Report prepared by PropCred Analyst team for 11A Andrew Street, Brighton TAS 7030
Checks found:
Value Risk
✕
2
Liquidity Risk
✓
Planning Risk
✕
2
Income Risk
✓
Execution Risk
✓
Market Insight
Brighton presents as a well-connected, undersupplied market with a clear affordability spectrum, attracting both young families and investors. Demand is driven by its proximity to Hobart, significant infrastructure investment, and a critically tight rental market with a vacancy rate well below the benchmark. Recent price trends show solid house growth, though unit performance is mixed, and the market is active with swift sales. Future growth is underpinned by ongoing development and sustained demand, yet key risks include supply constraints, sensitivity to interest rates for investors, and a notable divergence between premium and affordable sales segments.
PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
7
Land
880m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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