142 Tollard Drive, Rokeby TAS 7019

142 Tollard Drive, Rokeby TAS 7019
Solid brick 1979 build | 601m² generous allotment | 3 bed entry-level family | Strong rental performer | Low 17% site coverage This property presents a competitively strong entry point into the family housing market, distinguished by its substantial landholding relative to typical Rokeby stock. Its single-level, solid brick construction on a low-coverage block delivers a durable, low-maintenance base with immediate rental appeal and clear scope for value enhancement through landscaping or extension. It serves first-home buyers seeking security and space, and investors targeting a reliable yield from a fundamentally sound, high-demand configuration. The primary decision rests on accepting a functionally standard 1979 layout against the cost to modernize, balanced by the rare advantage of expansive, developable land in an entry-tier suburb. Commercial logic favors holding for land-value appreciation or a straightforward renovation to capture equity growth. Proceed with a view to long-term holding, leveraging its inherent land bank and construction quality.

Market Insight:

Rokeby presents as a dynamic, family-oriented suburb with a young demographic, underpinned by strong capital growth and a notably fast-moving market for houses. Demand is driven by working families, reflected in the community’s service-oriented employment profile and the brisk sales of three and four-bedroom homes. Recent price performance has been robust, with houses appreciating significantly, while the unit market offers more moderate growth and attractive rental yields. Future growth will hinge on the suburb’s ability to maintain its appeal to this core demographic, though a lack of data on infrastructure and supply constraints presents a key consideration for prospective buyers.

PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

2

Land

601m²

Built

Recent Assessments