5 Macquarie Street, Evandale TAS 7212
5 Macquarie Street, Evandale TAS 7212
3 bed | 2 bath | 1890s cottage | renovated on 452 mยฒ | heritage with modern finishes
This property is competitively rare in Evandale because it combines an intact 1890s cottage with a meticulous restoration and expansion, offering high Victorian ceilings and Tassie oak French doors that are not common in typical village stock. The 3-bedroom, 2-bathroom configuration on a compact 452 mยฒ block is well-suited for owner-occupiers seeking period character and modern amenities without a large land commitment. It sits comfortably in a historic village environment, making it most attractive to downsizers or lifestyle buyers who value heritage streetscape and walkable access to local amenities.
The modest lot size and older house profile may limit appeal for buyers seeking substantial land or low-maintenance living, and the reported 32% building coverage suggests a relatively dense footprint for a cottage block. The sale historyโvacant land at $225,000 in 2022 followed by a $771,000 house sale in 2023โindicates the renovation added significant value, but future price growth might depend on how the market values heritage character versus modern finishes in this location. The absence of detected bushfire, flood, or heritage overlays is a neutral factor, though buyers should verify council records for any site-specific constraints.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 5 Macquarie Street, Evandale TAS 7212
Market Insight:
Evandale presents a mature, established lifestyle market with a demographic skew towards older, outright owners. Demand is driven by regional Tasmania’s lifestyle appeal and relative affordability, though recent price trends indicate a softening market with extended selling periods. Future growth is underpinned by steady transactional activity, yet constrained by limited stock and the suburb’s sensitivity to broader affordability pressures.