1/5 Wyndham Road, Claremont TAS 7011
1/5 Wyndham Road, Claremont TAS 7011
Compact three-bedroom villa | two-car parking | 342sqm land | attached form | broad buyer appeal
The property’s strength lies in its uncommon combination of three bedrooms with two dedicated car spaces and a 342sqm land parcel within an attached dwelling form, offering more space than typical units in this suburban context. It sits in Claremont, a well-connected suburb in Hobart’s northern corridor, making it particularly suited to owner-occupiers seeking a lower-maintenance home without compromising on room, as well as investors drawn to its versatile configuration. The generous land size is considered a competitive edge, allowing for potential outdoor use or future value growth.
The attached nature of the dwelling may limit its price premium compared to detached houses in the same area, though the land area might offset that constraint. The property’s condition and building age are unspecified but could materially affect its market value, with any required renovations needing to be weighed against the purchase price. A buyer should consider the trade-off between attached living and land size, as well as how the last sale in early 2021 relates to current market conditions, when forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 1/5 Wyndham Road, Claremont TAS 7011
Checks found:
Value Risk
!
1
Liquidity Risk
!
1
Planning Risk
✓
Income Risk
✓
Execution Risk
✕
2
Insight: Claremont TAS 7011
Claremont presents as an affordable entry point with a clear divergence between its established house and unit markets. Demand is anchored by owner-occupiers, evidenced by strong capital growth in houses, which consistently outperform the unit segment. The market is active with solid sales volumes, though varying time-on-market metrics suggest a nuanced negotiation environment. Future growth will be supported by tight rental vacancy, but the suburb’s trajectory remains sensitive to broader economic conditions and interest rate movements.
PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
2
Land
342m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst