53 Pipit Drive, Risdon Vale TAS 7016

Modern 3-bed layout with ensuited master | Larger-than-average 722m² lot in Risdon Vale | Priced below estimated market midpoint | Bushfire-prone area requires due diligence This property presents a competitive entry point for buyers seeking a modernised home in Risdon Vale, with its two-bathroom configuration being a distinct advantage over the typical one-bathroom comparables in the suburb. The 722m² lot, with only 16% building coverage, offers substantial outdoor space that is increasingly valued by families. The asking price, sitting below the low-end valuation range, positions this house as a potential value play in Clarence City Council’s growing outer-Hobart market, particularly suited to first-home buyers or investors targeting the rental market where a 4.6% gross yield is achievable. The confirmed bushfire-prone overlay is the primary risk, potentially affecting insurance premiums and lender appetite, requiring a formal BAL assessment before purchase. However, the property’s location within the Risdon Vale Primary School intake zone and full 5G mobile coverage supports long-term liveability and resale appeal. The larger bathrooms and ensuited master bedroom offer a clear differentiation from older stock in the area, which could translate to stronger demand when selling.