1/49 Purdie Street, West Moonah TAS 7009
1/49 Purdie Street, West Moonah TAS 7009
2 bedrooms, 1 bathroom, single-level villa unit built in 1993 on 342m². Two off-street parking spaces. Built-in wardrobes in both bedrooms. Separate toilet from bathroom. Ground floor, no internal amenities. Positioned as a higher-density, newer dwelling within a suburb dominated by older detached homes, offering a distinct entry point to the area.
This property is competitively positioned as a low-maintenance, affordable alternative to the larger, older houses that define the suburb. Its 1993 construction is notably recent for the area, reducing the likelihood of immediate major structural or systems work. The compact 342m² land parcel, while small, supports a lock-and-leave lifestyle that appeals strongly to first-home buyers seeking a foothold in the Hobart market and investors targeting consistent rental demand for two-bedroom units. The quiet, leafy street character and proximity to the CBD reinforce its suitability for these buyer groups, who prioritise convenience and manageable upkeep over expansive space.
The small land size may constrain future expansion or significant outdoor amenity, which could narrow appeal for families seeking a traditional house block. The higher density of the unit configuration, relative to surrounding detached homes, might also influence buyer perception of privacy and long-term capital growth potential. A buyer forming a view on price should weigh these factors against the property’s clear affordability advantage within the suburb. The lack of detailed interior finish information means the actual condition of flooring, cabinetry, and appliances could materially affect perceived value and should be verified directly.
Detailed Independent Property Report prepared by PropCred Analyst team for 1/49 Purdie Street, West Moonah TAS 7009
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
2
Income Risk
1
Execution Risk
1
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Market Insight
West Moonah is a well-located suburb attracting a professional demographic, driving demand for both home ownership and investment. This has supported solid capital growth, particularly for houses, in a market characterised by tight rental supply and low vacancy. Future growth is underpinned by strong demographic fundamentals, though affordability constraints and sensitivity to changes in housing supply present key considerations.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
2
Land
342m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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