11 Chablis Court, Berriedale TAS 7011
11 Chablis Court, Berriedale TAS 7011
4-bed 4-bath dual-level | 795m² elevated site | panoramic Derwent views | multigenerational layout | flood overlay applies
The property’s competitive strength lies in its unusual combination of scale, elevation, and functional flexibility. The dual-level design with multiple living zones, two ensuites, and a second kitchen area suits extended families or households wanting guest privacy. Built in 2007, the house delivers a substantial 275m² of finished floor space on a 795m² block, with panoramic outlooks across the Derwent toward the vineyards and MONA. Five parking spaces, dual street access, and an indoor spa further differentiate it from conventional local housing. Within Berriedale, this is best understood as a premium family retreat, most likely to appeal to owner-occupiers seeking long-term amenity rather than first-time buyers or investors chasing rental yield.
The flood overlay may require additional assessment for any future extension or redevelopment, which could limit some buyers’ plans. The property’s large size and high specification might also narrow its market compared with simpler local homes, meaning it could take longer to find the right purchaser. The cost of maintaining four bathrooms, five parking spaces, and a spa should be weighed against the lifestyle benefits. Rental demand for a property of this character may be less consistent than for standard family housing, though its estimated weekly rent does point to a genuine upper-market tenancy niche in specific circumstances.
>> Comparable Sales: 2008-built 4-bed elevated on Tamboon Rd sold $1.27M; similar 2006-built 4-bed on Chablis Ct sold $1.19M | Property Price Band: $1.2M–$1.3M | Value Drivers: panoramic view, dual-level flexibility, land size
Detailed Independent Property Report prepared by PropCred Analyst team for 11 Chablis Court, Berriedale TAS 7011
Checks found:
Value Risk
Liquidity Risk
Planning Risk
2
Income Risk
2
Execution Risk
2
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Market Insight
Berriedale, in Hobart’s Glenorchy area, is a thin, tightly-held market. Demand is led by older singles: median age 42, 26% of residents 60-plus, and most homes are outright-owned detached houses. A rental population near 26% and a 0.47–0.49% vacancy rate underpin that buyer case, though scale is small-36–45 houses sold annually. Median house price estimates span $477,000–$610,000, with 12-month growth readings from a 0.7% decline to 13.0% compound; days on market range 23–110, reflecting low transaction depth. Houses yield about 5.0%, units 5.6%, with median rents of $545 and $430 respectively. Future support comes from strong seller sentiment, Main Road access, and generous parking provision. Risks: very limited supply-18 listings last month-plus no rental vacancies, which can push prices beyond local affordability.
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PropCred Estimated Value
Bedrooms
4
Bathroom
4
Parking
5
Land
795m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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