1/19 Upper Havelock Street, Smithton TAS 7330

1/19 Upper Havelock Street, Smithton TAS 7330
2-bed villa, 1999 build | 93 mยฒ internal, land size disputed | north-facing layout | walkable to Smithton centre The buying case rests on its quiet internal-block position and low-maintenance layout. A north-facing living area opening to a paved courtyard suits downsizers or retirement buyers seeking a walkable position near shops and services. The tenancy until July 2027 provides immediate income certainty, though the rental rate sits near the lower end of the estimated range. School zone access to Smithton Primary adds practical appeal for owner-occupiers with children. The property fits a modest investment or lifestyle purchase, not a renovation or development play. The main constraint is the unresolved land size discrepancy between 292 mยฒ and 650 mยฒ, which affects confidence in the property’s underlying value. Bushfire, flood, and heritage overlays require verification for insurance and any future building works. The price picture remains unclear given differing estimates across sources, so fair value cannot be relied on from visible evidence alone. Can the lease terms and strata arrangements be confirmed before forming a purchase view?
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 1/19 Upper Havelock Street, Smithton TAS 7330
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Market Insight:

Smithton presents as an affordable entry point into the Tasmanian market, characterised by a tight rental environment and steady demand from a mix of small households and investors. Recent price growth has been modest for houses, though unit values have shown stronger momentum. The market is supported by consistent sales activity and very low vacancy, but its sensitivity to interest rates and limited stock turnover present inherent constraints on liquidity and volatility.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

1

Land

292mยฒ

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