2 Strawberry Hill Court, Orford TAS 7190
2 Strawberry Hill Court, Orford TAS 7190
Octagonal floor plan | Cul-de-sac coastal retreat | 2-bed under 100sqm | Owner-occupied street | Bushfire overlay noted
The octagonal layout with raked timber ceilings and an open-plan kitchen creates a genuinely uncommon floor plan for a 2010 build, giving this house a distinct point of difference in Orford’s coastal market. Its position in a quiet cul-de-sac on a 1,000sqm lot with a large undercover deck suits buyers seeking a low-maintenance holiday home or permanent residence with outdoor living. The property is best matched to first home buyers, downsizers, or investors targeting the short-term holiday rental market, given its compact size and strong beach proximity.
Bushfire risk is confirmed and should be factored into insurance and landscaping costs, though no flood or heritage overlays apply. The recent October 2024 sale at $575,000 provides a clear recent benchmark, and the current list price near $600,000 suggests modest upside if market conditions hold. The rental yield around 3.5% supports investment use, but the street’s 100% owner-occupied profile and limited turnover imply a stable, low-supply micro-market that may limit resale velocity.
Detailed Independent Property Report prepared by PropCred Analyst team for 2 Strawberry Hill Court, Orford TAS 7190
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
Income Risk
Execution Risk
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Market Insight
Orford presents as a mature, low-turnover coastal market with a stable but ageing demographic, predominantly comprising outright owners and childless couples seeking lifestyle. Demand is driven by this established, older cohort, with limited investor activity and very few unit sales. Recent price trends have softened, with extended selling periods indicating a balanced to subdued market. Future growth is constrained by its small population and limited transactional depth, reliant on broader regional appeal rather than new infrastructure or demographic shifts.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
2
Land
1010m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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