119 Fourfoot Road, Geeveston TAS 7116

119 Fourfoot Road, Geeveston TAS 7116
Rural 3-bed brick house | 3-acre pasture setting | dated finishes, personalisation potential | peaceful location, larger land parcel This property offers a rare combination of a solid brick dwelling on a substantial, picturesque landholding within a peaceful rural setting. The three-acre parcel provides significant utility and privacy, a configuration increasingly scarce near township amenities. This house best serves a buyer seeking a lifestyle base or hobby farm, valuing space and tranquility over turnkey convenience, with the capital and vision to update the dated interior to their own taste. The primary cost is the immediate capital and effort required for modernisation, as the basic finishes imply a below-market entry point but necessitate further investment. The commercial logic lies in the land value; holding it as a long-term lifestyle property while incrementally improving the dwelling captures the scarcity premium. Acquire this for occupation and gradual enhancement, not for speculative short-term gain.

Independent, Unbiased Research from  our PropCred Analyst team 

Market Insight:

Geeveston is a regional lifestyle market attracting buyers seeking space and relative affordability. Demand is driven by this persistent lifestyle appeal, supported by ongoing population growth and a chronic undersupply of new homes. Recent price growth has been strong, with market conditions characterised by steady buyer interest and upward price pressure in popular regional pockets. Key future drivers include this sustained undersupply and strong rental growth, though the market faces risks from increased buyer price sensitivity and interest rate settings.

PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

-

Land

1.22 ha

Built

Recent Assessments