1/98 Sunshine Road, Austins Ferry TAS 7011
1/98 Sunshine Road, Austins Ferry TAS 7011
2005-built villa | 3 bed, 2 bath, ensuite | 429m² lot | FTTP NBN | Solar panels, aircon
This property presents a competitively modern and efficient offering within its suburb, built in 2005 with contemporary inclusions like solar panels, air conditioning, and two bathrooms. Its smaller 429m² lot size and villa configuration position it as a lower-maintenance alternative to the larger, standalone houses typical in Austins Ferry, best serving an owner-occupier seeking modern comforts or an investor targeting the primary school catchment.
The primary risk is the lack of recent, direct comparable sales data to firmly anchor its value against the $665,000 asking price, though the neighbouring house at a higher estimated value suggests a lot-size premium. The available strata report must be scrutinised for financial health. Proceed with an offer conditional on that review, as this property is suited for a long-term hold, leveraging its rental appeal and modern infrastructure to offset the inherent illiquidity of a unit in a suburban market.
Detailed Independent Property Report prepared by PropCred Analyst team for 1/98 Sunshine Road, Austins Ferry TAS 7011
Checks found:
Value Risk
Liquidity Risk
Planning Risk
1
Income Risk
1
Execution Risk
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Market Insight
Austins Ferry is a sought-after residential suburb attracting established households, with demand driven by its high owner-occupier presence and a demographic profile of working professionals. The market has demonstrated robust price appreciation, supported by consistent sales activity and tight rental conditions. Future performance will hinge on the suburb’s appeal to this core demographic, though its established nature may temper the pace of future supply and limit volatility.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
1
Land
429m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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