16 Scamander Avenue, Scamander TAS 7215
16 Scamander Avenue, Scamander TAS 7215
16 Scamander Avenue, Scamander TAS 7215, is a single-storey 3-bedroom, 1-bathroom house built in 1962 on approximately 1,967 m² of land with 2 parking spaces. The property features air conditioning, floorboards, built-in wardrobes, internal laundry, heating, a study, and a shed. This 1962 house on a large 1,967 m² parcel offers a rare combination of generous land size and coastal proximity in Scamander, where older single-storey homes are typical. Its competitive strength lies in the substantial landholding, which is increasingly uncommon for entry-level coastal properties. The single bathroom and original condition position this house as a strong fit for budget-conscious buyers, renovators, or those seeking a holiday retreat with room to expand. The property’s older age and single bathroom may constrain its appeal to families wanting modern layouts, while the large block offers potential for future subdivision or extension subject to council approval. The rental yield of approximately 5% is solid for the area, but the shared laundry arrangement and single-car garage might reduce tenant desirability. Buyers should weigh the cost of updating the 1962 finishes against the value of the land itself.
Detailed Independent Property Report prepared by PropCred Analyst team for 16 Scamander Avenue, Scamander TAS 7215
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
1
Income Risk
Execution Risk
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Market Insight
Scamander presents as a mature coastal market with a stable family-oriented demographic, where demand is driven by established households seeking lifestyle and relative affordability. Recent price trends indicate strong annual growth, supported by a tight rental market with very low vacancy and solid yields. Future growth is underpinned by this sustained demand against limited supply, though the market’s sensitivity to broader economic conditions and interest rates remains a key consideration for its momentum.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
1
Land
1965m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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