11 Breedon Way, Clarendon Vale TAS 7019
11 Breedon Way, Clarendon Vale TAS 7019
3-bed 2-bath house | fully fenced & double-glazed | near primary school | internal laundry & ensuite
This house presents a competitively configured offering against the suburb standard, with its second bathroom and double-glazed windows providing tangible quality and comfort advantages for a family occupant. Its position within walking distance of the primary school anchors its utility for that buyer segment, while the fully fenced yard and deck support a practical lifestyle. The configuration is efficiently sized, avoiding the land tax burdens of larger plots while delivering core functionality.
The primary risk is the illiquid market, evidenced by a zero percent auction clearance rate, which may challenge resale timing and price discovery. The listed price sits above the recent suburb median, demanding validation through direct comparable sales analysis. For a buyer, the opportunity lies in securing a modernized, low-maintenance home in an entry-point suburb; hold it as a long-term primary residence to mitigate volatility and capture incremental growth. Proceed only with a negotiated purchase price that firmly bridges the gap between ask and evidenced suburb values.
Recent suburb sales show a median house price of $492,500 over the past year. This establishes a benchmark, indicating the listed ‘offers over $570,000’ seeks a significant premium. Your offer must be justified by this property’s specific upgradesthe second bathroom and double glazingnot suburb-wide averages.
Detailed Independent Property Report prepared by PropCred Analyst team for 11 Breedon Way, Clarendon Vale TAS 7019
Checks found:
Value Risk
!
1
Liquidity Risk
✕
2
Planning Risk
✓
Income Risk
✓
Execution Risk
✕
2
Market Insight
Clarendon Vale presents as an affordable entry point with strong recent capital growth, driven by buyer demand for value in a tightly held market. This demand is reflected in rapid sales and consistent price appreciation, supported by a competitive rental yield. Future growth is underpinned by this sustained momentum, though its trajectory is linked to broader economic conditions and the limited turnover of available stock.
PropCred Estimated Value
Bedrooms
Bathroom
Parking
2
Land
469m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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