2/55 Penambul Drive, Miandetta TAS 7310
2/55 Penambul Drive, Miandetta TAS 7310
2/55 Penambul Drive, Miandetta TAS 7310 appears to be a vacant-residential land parcel rather than an improved dwelling: multiple listing/data sources describe it as a house/land with 567 m² of land, no bedrooms, and no parking, and one source records it as sold in 2011 for $50,000 and later listed around $137,000 in 2021–2024-era records. ## Property features, finishes, aspect, building age, floor level, amenities, land attributes The property was listed for sale as a vacant land in Miandetta.
vacant land parcel | 567m2 lot | no existing dwelling | infill development holding | buyer seeking to build
This property is considered a rare infill holding within an established residential suburb. Its configuration as a vacant 567 square metre lot provides an opportunity for a purchaser to construct a dwelling to their own specifications, which is not commonly available in this built-up area. The land is situated in a quiet street with access to local schooling and amenities, making it suitable for a builder, a family planning a new home, or an investor looking to develop. The property is best suited to those who are prepared to manage a construction project and value a location that is already surrounded by established homes.
The property’s value is primarily determined by its land size and location due to the absence of improvements. The total investment return may be affected by the cost and timeline required for construction. Development potential might be influenced by local demand for new builds and any zoning restrictions. The financing requirements for a vacant lot may also need to be considered by purchasers.
Detailed Independent Property Report prepared by PropCred Analyst team for 2/55 Penambul Drive, Miandetta TAS 7310
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
2
Income Risk
1
Execution Risk
2
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Market Insight
Miandetta presents as a stable, mature suburb with a demographic skew towards established homeowners. Demand is anchored by downsizers and childless couples, creating a steady market for well-located houses. Recent price trends show resilience with moderate growth, supported by very low vacancy rates and strong rental yields. Future performance hinges on the limited stock available, with supply constraints potentially underpinning values, though the market remains sensitive to broader economic shifts affecting its older demographic.
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PropCred Estimated Value
Bedrooms
-
Bathroom
-
Parking
-
Land
567m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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