2 Utiekah Drive, Taroona TAS 7053

2 Utiekah Drive, Taroona TAS 7053
1989-built family house | 5 beds on 1,035m² | 22% building coverage | Taroona Primary intake This house presents a competitively strong offering for a family seeking space and established character, with its five-bedroom configuration on a large, level parcel providing rare expansion potential within a sought-after school catchment. The low building coverage and dual car accommodation underscore its utility for long-term occupation, serving buyers who prioritize internal flexibility over contemporary finishes. The absence of environmental overlays simplifies due diligence and future development. The primary risk is the discrepancy in recorded bedroom counts, requiring verification of council approvals for any modifications. The capital growth trajectory is supported by the substantial equity gain since 2015, but the lack of immediate comparable sales data necessitates a bespoke valuation. The estimated rental yield supports a hold strategy, making this property suitable as a long-term family home with inherent subdivision potential, not a short-term trade.

Independent, Unbiased Research from  our PropCred Analyst team 

Market Insight:

Taroona presents as a tightly held coastal suburb with strong owner-occupier appeal, evidenced by its low rental population and minimal available stock. Demand is driven by buyers seeking established houses, supported by robust annual price growth and a remarkably low vacancy rate indicating sustained rental pressure. The market is characterised by competitive conditions with houses transacting relatively quickly, reflecting high desirability against constrained supply. Future growth is underpinned by this chronic supply-demand imbalance, though the established price point presents an affordability constraint for new entrants.

PropCred Estimated Value

Bedrooms

5

Bathroom

2

Parking

4

Land

1035m²

Built

Recent Assessments