96 Tranmere Road, Howrah TAS 7018

96 Tranmere Road, Howrah TAS 7018
1956 house | dual self-contained residences | flat 2061mΒ² lot | Derwent & mountain views | tightly held pocket This property presents a rare dual-income or multi-generational opportunity on a large, flat parcel in a low-turnover location. The configuration of two fully self-contained residences is a significant competitive edge, offering immediate rental yield or flexible living arrangements that are uncommon for a 1956 house. Its positioning with views and in a tightly held pocket suggests enduring desirability, best serving a buyer seeking cash flow or extended family accommodation without compromising on land size or outlook. Proceed with disciplined due diligence on the fundamental discrepancies in bedroom counts and lot size, as these materially impact valuation and utility. The wide gap between the asking price and automated estimates necessitates a formal valuation to anchor your offer. The absence of recent comparable sales in the results increases pricing uncertainty. Acquire this for its unique dual-income function on substantial land, hold to benefit from rental coverage and land banking in a supply-constrained area, but only after reconciling the data conflicts through physical inspection and council records.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Howrah is an established eastern Hobart suburb with strong transport links, appealing to families and investors seeking lifestyle and proximity. Demand is driven by competitive bidding from upsizers and first-home buyers, leading to rapid sales. Recent house price growth has been robust, though unit growth is more varied, with the market characterised by tight supply and swift turnover. Future growth is supported by sustained buyer interest, but constrained by significant listing shortages and affordability pressures in a rate-sensitive environment.
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PropCred Estimated Value

Bedrooms

Bathroom

Parking

6

Land

954mΒ²

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