2/17 Paige Court, Warrane TAS 7018

2/17 Paige Court, Warrane TAS 7018
Modern villa in quiet Warrane cul-de-sac | low-maintenance layout with strong first-home and investor appeal | FTTP connectivity as a supporting convenience. The property presents as a competitively positioned modern villa, built in 2005 on a manageable 369โ€“370 mยฒ lot, in a quiet cul-de-sac that enhances its desirability for owner-occupiers seeking privacy and low upkeep. Its configurationโ€”two bedrooms, one bathroom, and a single living areaโ€”is compact but functional, suiting first-home buyers and downsizers who prioritise convenience over space. The absence of bushfire, flood, or heritage overlays reduces regulatory risk, while the propertyโ€™s location within the Warrane Primary School intake area adds family appeal. For investors, the estimated rental range of $455โ€“$540 per week supports a reasonable yield, and the asking price appears to sit below some automated valuations, potentially offering entry below market estimates. The primary risk lies in verifying the exact parking entitlement, as sources conflict between one and two spaces, which could affect both owner-occupier convenience and rental appeal. The internal size discrepancy (98โ€“110 mยฒ) also warrants clarification, as it influences perceived value per square metre. Strata fees and any special levies remain unconfirmed, and these can materially impact holding costs. On the opportunity side, the propertyโ€™s modern build and low-maintenance character position it well for steady capital growth in a stable suburban market, particularly if the asking price remains competitive. The FTTP connection is a supporting value-add, not a prime driver, but it does enhance appeal for remote workers or tech-oriented buyers.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 2/17 Paige Court, Warrane TAS 7018
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Market Insight:

Warrane presents as a stable, family-centric suburb with a strong rental market and tight supply. Demand is primarily driven by families, supported by local schools, and investors attracted by high yields and low vacancy rates. Recent price trends for houses show moderate growth, though units have been more subdued. Future growth is underpinned by consistent turnover and rising rents, but the market faces constraints from limited stock and sensitivity to mortgage affordability among a significant portion of owners.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

2

Land

369mยฒ

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