118 James Street, Devonport TAS 7310
118 James Street, Devonport TAS 7310
Original 3-bed house on massive block | Opposite St Brendan-Shaw College | Water views | Renovation potential | Unique land size
This property is a rare offering in Devonport, defined by its unusually large landholding that far exceeds typical suburban blocks. The water views and position directly opposite St Brendan-Shaw College further elevate its appeal. It is best suited to families seeking room to grow, or to buyers who recognise the value of a substantial site with renovation upside. The combination of land, outlook, and school adjacency creates a competitive edge that is not commonly found in the area.
The house is presented in original condition, which may require a significant investment to modernise. This factor could affect its immediate marketability and constrain price relative to turnkey homes. However, the land itself holds potential for redevelopment or extension, provided planning permissions are feasible. The property’s value is likely supported by its location and rarity, but buyers should weigh the cost of renovation against the long-term upside this site offers.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 118 James Street, Devonport TAS 7310
Market Insight:
Devonport is a well-established regional centre with a diverse demographic base supporting its residential market. Demand is driven by a mix of family types seeking entry-level affordability and established housing. The house market has demonstrated robust capital growth, significantly outpacing the unit segment, and properties are transacting with relative speed, indicating solid buyer appetite. Future growth is underpinned by its role as a key service hub, though market conditions show variability in selling times, presenting a balanced but nuanced opportunity.