107 Old Bass Highway, Wynyard TAS 7325

107 Old Bass Highway, Wynyard TAS 7325
Beachfront | 4 bed, 4 bath | Fully updated | 343sqm internal | 830sqm lot This property presents a rare, high-utility beachfront holding, directly opposite the shoreline with panoramic ocean views. Its substantial internal area, modern finish, and four-bedroom, four-bathroom configuration create a premium, low-maintenance offering suited for a large family seeking a permanent coastal residence or a high-end holiday home. The combination of immediacy and scale in this location is uncommon. The primary risk is market exposure, having last sold in 2022 and now listed after only four days, suggesting a potential vendor motivation that requires scrutiny. The substantial size commands a premium operational cost. The opportunity lies in securing a turnkey, dominant-position property without a development premium. Acquire for long-term hold as a principal residence; its configuration limits appeal as a yield-focused investment. Recent sales on Old Bass Highway provide context: – 28 Old Bass Highway: Sold for $622,000 (likely a standard house) – 2/47C Old Bass Highway: Sold $300,000-$315,000 (2 bed, 1 bath unit) These comparables underscore the significant value premium commanded by this property’s beachfront position, size, and superior specification. The asking figure reflects its category-defining status within the locale.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Wynyard presents as a mature, established coastal market with a demographic skew towards older, outright owners, suggesting stable but moderate turnover. Demand is underpinned by this demographic’s lifecycle and a modest but growing local income base, supporting recent solid price appreciation across both houses and units. The market exhibits healthy sales volumes and competitive yields, indicating sustained investor and owner-occupier interest. Future growth will likely hinge on continued regional connectivity and its appeal to downsizers, though affordability constraints relative to local incomes and limited rental stock present key watchpoints for market balance.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

6

Land

829mΒ²

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