17 Beverley Hills Road, Newstead TAS 7250
17 Beverley Hills Road, Newstead TAS 7250
Solid brick in quiet cul-de-sac | Northerly aspect & light | 880m² land with 14% coverage | Suited for families.
This property presents a competitively strong offering for a family seeking a low-maintenance, practical home in a peaceful location. Its solid brick construction on a large 880m² block with minimal building coverage provides rare future flexibility within a quiet cul-de-sac, a combination increasingly scarce. The northerly aspect ensures strong natural light and thermal efficiency, while the four car spaces and fully fenced yard meet core family needs directly. It is positioned within walking distance to well-regarded government schools, anchoring its appeal to a specific and consistent buyer pool.
Proceed with the understanding that its 1987 build may necessitate capital expenditure for modernisation, a direct cost against the purchase price. The discrepancy in reported floor area requires immediate clarification, as it impacts valuation metrics. The current offer-pending status signals genuine demand, validating its market position. Acquire this as a long-term family home with latent land-value upside, not for short-term gain. Its configuration supports a hold strategy, leveraging its land asset and established neighbourhood character for steady capital growth.
Detailed Independent Property Report prepared by PropCred Analyst team for 17 Beverley Hills Road, Newstead TAS 7250
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
Income Risk
2
Execution Risk
1
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Market Insight
Newstead presents as an established, family-oriented suburb with strong professional demographics driving demand, supported by its proximity to city amenities and local schools. Recent market conditions show a period of price adjustment, indicating sensitivity to broader economic factors. Future growth is underpinned by steady sales activity and the suburb’s relative affordability within the Tasmanian context, though this same adjustment phase highlights a market responsive to supply and rate changes.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
4
Land
880m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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