15 Casuarina Cres, Berriedale TAS 7011

15 Casuarina Cres, Berriedale TAS 7011
4-bed house on large block | 963 sqm land in Berriedale | 272 sqm building | 4 car spaces This property presents a substantial land holding within a suburban context, a configuration increasingly rare and valuable. The four-bedroom, four-parking format on a block nearing 1,000 sqm offers significant utility for a family seeking space or an owner with future extension or subdivision potential, subject to council zoning. Its scale positions it above typical suburban stock, best serving a long-term occupier or a strategic land banker. The primary risk is the lack of detailed comparables and property attributes, obscuring true market positioning and potentially masking capital requirement for updates. Proceed only with a disciplined due diligence process on building condition, zoning, and recent unlisted sales to validate its premium. This property is a hold for capital growth, leveraging its irreplaceable land component.

Independent, Unbiased Research from  our PropCred Analyst team 

Market Insight:

Berriedale presents a tightly held, mature suburb characterised by high owner-occupancy and an ageing demographic. Demand is driven by singles and outright owners, creating a stable, low-turnover market. Recent price trends indicate strong seller sentiment and significant capital growth, with houses substantially outperforming units. The market is constrained by extremely low vacancy and limited rental availability, indicating intense competition for a small stock of properties, which underpins future price resilience but presents a clear entry challenge for buyers.

PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

4

Land

963m²

Built

Recent Assessments