3001 Gordon River Road, Tyenna TAS 7140
3001 Gordon River Road, Tyenna TAS 7140
3-bed weatherboard | 3,149m² parcel | 6-car capacity | rural Tyenna lifestyle | low-volume market
A genuine rural foothold is offered by this property, combining a practical three-bedroom layout with over three-quarters of an acre and parking for six vehicles. This configuration is rarely seen in Tyenna’s sparse stock, where larger lifestyle blocks tend to dominate. The weatherboard construction and cosy presentation are well suited to owner-occupiers seeking a move-in-ready country house. The property is served best as a first rural purchase or a downsized lifestyle retreat for buyers wanting established space without heavy upkeep.
Value may be affected by the balance between land size and dwelling condition, as the unusual 3,149m² parcel is often prized for space while the modest house might limit immediate price growth. Uncertainties about construction year and interior specifics might cause cautious buyers to discount the offering. Consideration is also likely to be given to bushfire overlay risks in the locality, which may influence insurance costs and resale ease.
>> Comparable Sales: Prior sale of this property 2021 at $370,000 | Property Price Band: $500,000–$600,000 | Value Drivers: land size, condition, rural setting
Detailed Independent Property Report prepared by PropCred Analyst team for 3001 Gordon River Road, Tyenna TAS 7140
Checks found:
Value Risk
✕
2
Liquidity Risk
✓
Planning Risk
✓
Income Risk
✓
Execution Risk
✕
2
Market Insight
Tyenna is a rural Tasmanian locality with minimal transactional depth but reported upward momentum in houses. Demand is driven by mostly outright owners and families, an older cohort, seeking larger rural allotments up to 1.62 ha. Median house price is contested: a single sale at $320,000 sits alongside CoreLogic figures of $391,448 (8% growth) and $421,621 (13% growth). House rental yields carry a premium, with weekly rents at $523 and scarce supply. Future growth rests on thin supply and demand for larger rural lots, but risks are significant: just one sale in 12 months, incomes below regional averages, and an older, rate-sensitive demographic. Median price signals remain indicative given thin volume.
PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
6
Land
3125m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst