149 Paper Beach Road, Swan Point TAS 7275

149 Paper Beach Road, Swan Point TAS 7275
Large coastal lot | 3-bed contemporary house | direct beach access | tightly held enclave This property’s primary strength is its rare combination of a modern residence on a substantial 19.45-hectare coastal holding with direct beach frontage, a configuration almost unseen in Swan Point’s typically smaller-lot market. The contemporary build completed in 2022 eliminates renovation risk and positions it for immediate occupation, serving buyers seeking a permanent coastal lifestyle or a low-maintenance retreat with significant land assets. Its lack of environmental overlays further streamlines the purchase. The principal risk is valuation justification on a per-hectare basis, given the extreme scarcity of comparable large-block sales, potentially leading to financing challenges. The opportunity lies in securing a tightly held coastal enclave parcel, where future subdivision of the land, subject to council approval, could unlock substantial latent value. This property is best acquired as a long-term hold to capitalise on both land banking and lifestyle utility. * Last sold 2021 for approximately $400,000 (block details unclear). * Prior neighbouring 0.26ha block sold Feb 2021 after 59-year family hold. This sales history indicates strong underlying demand for beach-access land in this enclave, but the dramatic increase in both land size and improved dwelling for this listing necessitates a cautious, evidence-based valuation approach distinct from past transactions.

Independent, Unbiased Research from  our PropCred Analyst team 

Market Insight:

Swan Point is a tightly held, mature suburb with a strong owner-occupier culture, appealing to established, childless couples. Demand is driven by this demographic seeking a settled lifestyle, resulting in very low sales volumes and a critically tight rental market. Recent price performance has been robust, reflecting this constrained supply against steady demand. Future growth is underpinned by its established nature and scarcity of stock, though the primary constraint is the extremely limited property turnover and absence of rental availability, which may challenge entry and investment liquidity.

PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

2628m²

Built

Recent Assessments