1/14 Milford Street, Lindisfarne TAS 7015
1/14 Milford Street, Lindisfarne TAS 7015
This is a 2-bedroom, 1-bathroom unit in a small complex of only four residences, built in 1979. It includes two car spaces and sits on approximately 151 square metres of land, located in a quiet cul-de-sac in Lindisfarne. The property is well-presented and offers a rare combination of privacy and low-maintenance living within the suburb.
What is competitively strong about this property is its configuration within a small, four-unit complex, which provides a level of privacy more commonly associated with a townhouse than a standard apartment. This is a relatively rare offering in Lindisfarne, where much of the housing stock consists of detached homes. The quiet cul-de-sac location further enhances its appeal, making it particularly well-suited to retirees, downsizers, or investors seeking a low-maintenance property in a peaceful setting. The unit’s position within the suburb is solid, offering a balance of seclusion and access to local amenities without being in a high-density zone.
The age of the property, built in 1979, may mean that some internal finishes or systems could require updating, which is a factor a buyer should weigh when considering overall value. The conflicting information on parking capacity suggests that the arrangement might be shared or less straightforward than a single dedicated space, so it is worth clarifying how the spaces are allocated. The land size of 151 square metres is modest, which may limit future expansion but also keeps maintenance low. These factors should be considered when forming a view on price, as they may influence the property’s long-term appeal and resale potential.
Detailed Independent Property Report prepared by PropCred Analyst team for 1/14 Milford Street, Lindisfarne TAS 7015
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
1
Income Risk
1
Execution Risk
1
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Market Insight
Lindisfarne presents a stable, mature market with a strong owner-occupier presence, appealing to downsizers and professionals seeking a settled lifestyle. Recent price trends show varied performance, indicating a market in a period of adjustment rather than uniform momentum. Current conditions are characterised by relatively swift sales for family homes and a tight rental vacancy rate, supporting solid yields for investors. Future growth will likely hinge on its established demographic appeal, though its mature profile suggests supply may be limited, presenting a potential constraint on significant turnover and rapid price appreciation.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
2
Land
151m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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