13 Acacia Drive Romaine TAS 7320
13 Acacia Drive Romaine TAS 7320
3-bedroom house | below suburb median price | large 812m² lot | high owner-occupier street
This property presents a clear entry point into a stable, owner-occupied street, with its asking price positioned below the suburb median for three-bedroom houses. The substantial land parcel is its primary competitive strength, offering latent value for a buyer seeking space or future flexibility, best serving an owner-occupier or a long-term holder comfortable with potential renovation.
The core risk is the absence of verified recent sales data, making the true market valuation speculative against the agent’s price guide. Proceed by commissioning independent valuation and building due diligence to quantify renovation costs, as the condition is unspecified. This property is a hold for capital growth, contingent on confirming its structural integrity and precise market position through professional checks. Our report would ground your offer with real sales evidence, a tailored due diligence checklist for this property’s age, and locality-specific risk assessment for insurance.
Detailed Independent Property Report prepared by PropCred Analyst team for 13 Acacia Drive Romaine TAS 7320
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
Income Risk
1
Execution Risk
2
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Market Insight
Romaine presents a compelling entry point into Tasmania’s robust regional market, driven by mainland buyers seeking lifestyle and relative affordability. This demand has fueled strong recent capital growth, with houses transacting swiftly in a competitive environment. Future growth is underpinned by sustained lifestyle migration and constrained new housing supply, though this same supply constraint alongside increased competition from government incentive schemes presents a key risk to affordability and accessibility.
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PropCred Estimated Value
Bedrooms
3
Bathroom
-
Parking
-
Land
811m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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