2/11 Jye Court, Old Beach TAS 7017
2/11 Jye Court, Old Beach TAS 7017
3 bed villa | 544m² land | dual parking | bushfire overlay | quiet owner-occupied court
The property offers a rare configuration advantage in Old Beach-a modern 2015 villa on a full 544m² block with dual parking, which is uncommon for this property type. The owner-occupied court with 90% long-term residents signals stable neighbourhood character and low turnover risk. For a buyer seeking a lock-and-leave house with genuine land content and low maintenance, this sits in a strong position. It suits downsizers or investors targeting the 60-plus demographic that dominates the suburb.
The bushfire overlay is the primary risk, potentially affecting insurance costs and future redevelopment flexibility. The FTTN connection is a secondary limitation. However, the 544m² land size on a quiet court offers subdivision or granny flat potential if council permits shift. Hold for land appreciation in a tightening Tasmanian market, or rent for a 4-5% gross yield given the rental midpoint.
Detailed Independent Property Report prepared by PropCred Analyst team for 2/11 Jye Court, Old Beach TAS 7017
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
Income Risk
2
Execution Risk
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Market Insight
Old Beach presents a steady, value-oriented market with modest capital growth for houses, while its unit segment has demonstrated recent strong quarterly performance. Demand is supported by a solid rental market, with units offering particularly attractive yields, indicating investor interest alongside owner-occupier activity. The market is balanced, with houses transacting at a measured pace, reflecting stable conditions. Future performance will hinge on broader economic factors, given the absence of clear, suburb-specific catalysts or constraints identified in the current data.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
3
Land
544m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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