100 Berriedale Road, Berriedale TAS 7011
100 Berriedale Road, Berriedale TAS 7011
3 bed house on 704mΒ² | Under offer in 17 days | Large block near schools | Council tax $455 p.a.
This propertyΒs primary strength is its land component within a known school catchment, offering a rare sub-$500 annual council rate for a 700mΒ²+ parcel. The swift ‘under offer’ status signals acute demand for entry-level houses on substantial blocks in this corridor. It serves a family or long-term holder seeking land security and stable public education options over immediate amenity.
The decision pivots on paying for unverified condition and the cost of potential deferred maintenance from a 2018 purchase, against the commercial logic of a large, flat block in a tightly held suburb. Hold for land banking or occupy to capture catchment utility; its configuration is too generic for premium resale without capital improvement.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
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Market Insight:
Berriedale presents a tightly held, mature suburb characterised by high owner-occupancy and an ageing demographic. Demand is driven by singles and outright owners, creating a stable, low-turnover market. Recent price trends indicate strong seller sentiment and significant capital growth, with houses substantially outperforming units. The market is constrained by extremely low vacancy and limited rental availability, indicating intense competition for a small stock of properties, which underpins future price resilience but presents a clear entry challenge for buyers.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
2
Land
704mΒ²
Assessments Delivered Today
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