1 Three Street, Dodges Ferry TAS 7173
1 Three Street, Dodges Ferry TAS 7173
4 bed, 2 bath house | 1,161mยฒ lot, 34m elevation | No flood, fire, or heritage risk | Off market, previously guided high $900s
This house offers a rare configuration advantage for Dodges Ferry: a 244mยฒ footprint on a flat, elevated 1,161mยฒ lot with no overlay constraints. The 21% building coverage leaves substantial land for future extension or a secondary dwelling, which is uncommon in this coastal strip. For a buyer seeking a family home with development optionality, the combination of established 1950s build quality and low-risk land positions it competitively against newer but smaller offerings. It serves best a buyer who values space and flexibility over turnkey finish.
The primary risk is the price gap between the $919,000 estimate and the recent $995,000+ marketing-a roughly 8% premium that may reflect aspirational vendor pricing rather than market evidence. The 8-day listing period suggests limited buyer traction at that level. However, the 4-bedroom configuration (where comparable are often 3) and the NBN/5G connectivity strengthen its appeal to remote workers. Hold this property as a long-term family base with the option to subdivide or add a studio in future.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
Market Insight:
Dodges Ferry is a coastal suburb attracting a mature demographic, with demand driven by lifestyle appeal and regional affordability. The market exhibits strong recent price growth, supported by steady conditions and a family-oriented profile. Future drivers remain linked to its coastal location, while balanced regional conditions and local supply dynamics present the primary considerations.