1A Blanche Avenue, Blackmans Bay TAS 7052

1A Blanche Avenue, Blackmans Bay TAS 7052
Renovated coastal 5-bedroom | 195mยฒ on 594mยฒ | 7m roof height, 40m elevation | 5G coverage, no overlays | Suits family or dual-living setup. This property presents a rare configuration edge in Blackmans Bay: a comprehensively renovated five-bedroom home on a 594mยฒ block, with a 33% building coverage and 7m roof height that signals generous internal volume and potential for future adaptation. The 40m ground elevation and absence of bushfire or flood overlays reduce environmental risk, while the 5G coverage and Illawarra Primary School catchment add practical appeal. It is best suited to a family seeking immediate move-in quality with the flexibility to accommodate extended household members or generate supplementary income via the versatile floorplan. The primary risk lies in the open car spacesโ€”four without covered or secure parking may deter buyers with multiple vehicles or high-value cars. The recent March 2025 sale price of $785,000 provides a clear recent benchmark, but the estimated value of $839,000 implies modest short-term capital growth potential. An opportunity exists in leveraging the 594mยฒ land size and low building coverage for a future subdivision or secondary dwelling, subject to Kingborough Council planning, which could unlock significant value for a patient buyer.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 1A Blanche Avenue, Blackmans Bay TAS 7052
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Market Insight:

Blackmans Bay is a family-oriented suburb with a professional demographic, positioning it as a stable residential enclave within Greater Hobart. Demand is primarily driven by established households, supported by a consistent professional income base. Recent market conditions show a period of price recalibration, with sales volumes remaining steady. Future growth is underpinned by broader Tasmanian rental pressures and a constrained housing supply, though the market exhibits sensitivity following a previous growth cycle.
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PropCred Estimated Value

Bedrooms

5

Bathroom

3

Parking

2

Land

594mยฒ

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