1/36 Clinton Road, Geilston Bay TAS 7015
1/36 Clinton Road, Geilston Bay TAS 7015
Low-maintenance townhouse | 290sqm land | Geilston Bay convenience | strong rental demand
This property offers a rare combination of a compact 97sqm footprint on a usable 290sqm block, making it competitively positioned for buyers seeking low upkeep without sacrificing outdoor space. The 1993 build with ducted heating and cooling, plus a remote garage and secure parking, reduces immediate capital outlay for upgrades, which strengthens negotiating leverage. The primary school catchment within 0.7km and 5G connectivity add practical appeal for families or professionals. This townhouse best suits first-home buyers or investors targeting stable rental income near $515 per week, given the suburbโs balanced demographic profile and long-term resident base.
The detected bushfire and flood overlays introduce specific due diligence requirements, particularly for insurance costs and future resale liquidity, though these are not uncommon in the area. The heritage overlay inconsistency between sources demands direct verification with Clarence Council to avoid unexpected renovation restrictions. The 2004 last sale date suggests limited recent turnover, which may indicate a tightly held market but also reduces comparable sales data for precise pricing. The opportunity lies in the propertyโs low-maintenance configuration and strong rental yield potential, provided overlay risks are confirmed manageable.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 1/36 Clinton Road, Geilston Bay TAS 7015
Market Insight:
Geilston Bay presents as a stable, established suburb within Greater Hobart, characterised by steady demand and consistent house price growth. The market is driven by purchasers, with a demographic skew towards mature households, supporting a resilient sales environment. Recent conditions show houses transacting efficiently, while the unit segment experiences more varied momentum. Future performance will hinge on maintaining this demand against affordability pressures and the limited turnover in certain housing types.