15 Goulburn Street, St Leonards TAS 7250

Solid brick veneer | 818m² land | 2018 extension | Solar PV system | St Leonards Primary catchment This house presents a competitively strong landholding in a growing suburb, with its 818m² parcel being a rare and appreciating configuration in today’s market. The 2008 extension on a 1995 solid brick veneer build suggests a modernised, low-maintenance structure. It serves the family buyer decisively, offering three bedrooms within the catchment of a proximate primary school, with the solar PV system providing operational cost control. Your decision hinges on paying a significant premium for land size and location growth, as the current asking price reflects nearly a 100% increase since 2018. This demands confidence in St Leonards’ continued capital growth to justify the entry cost. For a buyer, the commercial logic is a long-term hold; its rental yield supports a holding strategy while the land component appreciates. Proceed only if your portfolio requires a land-heavy, family-oriented property for a five-to-ten-year horizon. The last sale of this specific property was $329,000 in October 2018. While recent comparable sales in St Leonards are noted in the data, specific figures are unavailable. This lack of immediate, precise comparables necessitates extra due diligence on your part to validate the current price against the suburb’s recent sales trajectory. The substantial appreciation since its last sale underscores the market’s movement but requires confirmation against other sales to assess if the premium is justified.