16 Reservoir Road, Ranelagh TAS 7109
16 Reservoir Road, Ranelagh TAS 7109
This is a 7-bedroom, 3-bathroom house on a 1.21-acre lot with dual living capacity, built in 1997. Its elevated position captures sweeping valley views, and the property includes a workshop, deck, and outdoor spa. This configuration is rare within the suburb, where most homes are smaller single-family dwellings on much less land.
The dual-residence layout is a competitive edge, offering genuine flexibility for extended family or guest accommodation. The large land area and elevated aspect position it as a premium lifestyle holding in a low-density rural setting. This property best serves buyers seeking a private, multi-generational home or a base with space for hobbies and vehicles. Its scale and features are uncommon in the immediate area, giving it a distinct market position.
The bushfire overlay may influence insurance costs and maintenance expectations, though it is common for elevated lots in this region. The property’s high entry price may narrow the buyer pool, and the remote location means reliance on private transport for services. A buyer should weigh the potential for further capital growth against the limited local amenity and the cost of maintaining a large property.
Detailed Independent Property Report prepared by PropCred Analyst team for 16 Reservoir Road, Ranelagh TAS 7109
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
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
7
Bathroom
3
Parking
5
Land
1.21 acres
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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