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
2
Liquidity Risk
2
Planning Risk
2
Income Risk
2
Execution Risk
1
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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.
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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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