15 Katherine Close, Ranelagh TAS 7109
15 Katherine Close, Ranelagh TAS 7109
Modern 2012 build | 3 bed, 2 bath, 4 car | Level 752m² block | Solar, ducted air, separate master
This house presents a competitively strong proposition due to its modern construction on a large, level lot in a quiet cul-de-sac, a combination offering scarcity in today’s market. Its practical, open-plan design requires no immediate capital outlay, while features like solar panels, ducted air conditioning, and substantial secure parking directly address operational cost and utility for a family or professional couple. The property is positioned for an owner-occupier seeking a low-maintenance home with ample outdoor space, or an investor attracted by its estimated rental yield and appeal to long-term tenants.
The primary risk is the valuation gap, with the asking price notably above the automated estimate, requiring independent appraisal to justify the premium. The absence of detailed comparable sales in the immediate area complicates this assessment. However, the lack of overlay constraints and the home’s turnkey condition mitigate holding costs and development risk. Acquire this property as a long-term hold, leveraging its energy efficiency and functional layout for stable occupancy, but proceed contingent on a building inspection and market valuation to anchor the price.
Detailed Independent Property Report prepared by PropCred Analyst team for 15 Katherine Close, Ranelagh TAS 7109
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
1
Income Risk
2
Execution Risk
1
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Market Insight
Ranelagh is a family-oriented suburb in the Huon Valley, with demand driven by purchasers seeking acreage properties. Recent price growth has been evident, supported by a tight rental market with very low vacancy. The market is characterised by moderate turnover, with a limited supply of listings. Future growth is underpinned by strong demographic trends, though the constrained supply of both sales and rental stock presents a key constraint.
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PropCred Estimated Value
Bedrooms
Bathroom
Parking
4
Land
752m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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