1313 Midland Highway, Mangalore TAS 7030

1313 Midland Highway, Mangalore TAS 7030
Four-bedroom rural house | 24-acre former vineyard | Elevated valley views | 30 minutes to Hobart This property presents a rare dual-purpose holding, combining a substantial, well-appointed family residence with significant agricultural land in a premier commuter belt. The scale of the parcel, its proven viticultural history, and the home’s multiple living zones create a compelling proposition for a buyer seeking a lifestyle shift with income potential or long-term land banking. It serves the family seeking space and privacy without sacrificing urban access, or the agrarian-minded buyer looking for a turnkey rural platform. The decision hinges on managing the operational reality of 24 acres and the bushfire overlay, which imposes ongoing compliance costs and insurance complexities. The substantial land size, however, provides immediate utility and represents the core appreciating value. The commercial logic is to secure the land; the house supports occupancy while the acreage offers future optionality. Acquire this as a permanent lifestyle holding with a view to sustainable land use, not a short-term proposition.

Independent, Unbiased Research from  our PropCred Analyst team 

Market Insight:

Mangalore is a small, established rural suburb with a stable family-oriented demographic and above-average incomes. Demand is driven by local owner-occupiers, evidenced by a predominantly mortgaged and Australian-born population. The market is characterised by very low transaction volumes, indicating constrained supply and a tightly held property environment, which supports price stability within the broader Tasmanian context. Future conditions will hinge on the limited release of stock and broader regional market trends, with the inherent sensitivity to interest rates representing a key consideration for liquidity.

PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

4

Land

9.9 ha

Built

Recent Assessments