14 Merley Road, Austins Ferry TAS 7011
14 Merley Road, Austins Ferry TAS 7011
freestanding house | renovated 2020 | solar panels | 559sqm block | stable owner-occupied street
The property offers a rare combination of a fully renovated freestanding house on a 559sqm block in a street where 95% of residents are owner-occupiers and most have lived there over five years, which typically signals low turnover and strong neighbourhood stability. The 2020 renovation with new Colorbond roof, reverse-cycle air conditioning, and built-in robes means the major capital works are done, reducing immediate maintenance risk for a buyer. Solar panels add a running-cost advantage that appeals to owner-occupiers and tenants alike, while the separate workshop and shed extend usable space beyond the 120sqm floor area. This house best suits a family or downsizer seeking a move-in ready home with outdoor entertaining space in a quiet, established suburb.
The primary risk is the asking price relative to the median for three-bedroom houses in Austins Ferry, as the property sits below that median but has been on market only nine days, suggesting the vendor may be pricing to attract early interest rather than reflecting true market depth. The flood overlay detected on the title warrants a specific insurance quote before committing, as premiums can vary significantly in such zones. On the opportunity side, the estimated rental return of $550 to $670 per week provides a credible fallback if the buyer’s circumstances change, and the NBN FTTP and 5G coverage support remote work viability—a feature that broadens the potential buyer pool when reselling.
Detailed Independent Property Report prepared by PropCred Analyst team for 14 Merley Road, Austins Ferry TAS 7011
Checks found:
Value Risk
✕
2
Liquidity Risk
✓
Planning Risk
✕
2
Income Risk
✓
Execution Risk
✓
Market Insight
Austins Ferry is a sought-after residential suburb attracting established households, with demand driven by its high owner-occupier presence and a demographic profile of working professionals. The market has demonstrated robust price appreciation, supported by consistent sales activity and tight rental conditions. Future performance will hinge on the suburb’s appeal to this core demographic, though its established nature may temper the pace of future supply and limit volatility.
PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
3
Land
559m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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