25 Barleen Place, West Ulverstone TAS 7315

25 Barleen Place, West Ulverstone TAS 7315
4-bed 2-bath modern house | standard lot around 700 sqm | family-oriented pocket | West Ulverstone growth suburb | moderate rental yield This property is positioned in a pocket of modern detached housing in West Ulverstone, surrounded by contemporary family homes of similar scale. The configuration, a four-bedroom, two-bathroom house on a standard lot of around 700 square metres, is regarded as the most sought-after format for owner-occupier buyers in this part of the North-West Coast. Detached stock at this specification is consistently sought after, with five per cent suburb growth and four per cent yield supported by a healthy buyer balance. The property is best suited to a family wanting a low-maintenance, move-in-ready home near schools and coast, or an investor seeking a reliable regional let. Value may be influenced most by condition and presentation, as standard lots in this pocket trade on how well the house is maintained. Age of the build and internal finishes might push the figure toward either end of the band, while garaging, sheds, or landscaping could add appeal. Layout should be weighed against family needs, as value is best retained by single-level, open-plan formats. >> Comparable Sales: 133 South Road, West Ulverstone sold for $315,000 in 2019 on 2,777 sqm | Property Price Band: $800,000 to $900,000 | Value Drivers: land size, condition, presentation
Detailed Independent Property Report prepared  by PropCred Analyst team for 25 Barleen Place, West Ulverstone TAS 7315
Checks found:
Value Risk ! 1
Liquidity Risk ✕ 2
Planning Risk ✕ 2
Income Risk ! 1
Execution Risk ! 1
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Market Insight

West Ulverstone’s housing market is being driven by older, equity-rich buyers-predominantly childless couples and households aged 50–69-seeking affordable coastal living, with trades and certificate-qualified workers forming the core buyer base. Prices are rising firmly, though data sources vary: median house values range from $530,000 (8.7% annual growth) to $610,000 (14.0%), with one estimate reaching 19.8% growth. Sales volume is robust at 70–77 transactions annually, while selling times are contested: one source reports 109 median days, another just 27, suggesting a market that can move quickly for well-priced stock. Rental demand is moderate, with gross yields of 3.9–4.3% and weekly rents rising from $430 for two-bedrooms to $620 for five-plus bedrooms. Growth drivers are limited to steady owner-occupier demand rather than major infrastructure or supply-side catalysts; no vacancy or affordability data is available, leaving rate sensitivity unquantified. The absence of reliable unit data confirms a detached-house-dominated market.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

421m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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