20 Fifth Avenue, Dodges Ferry TAS 7173

Flood overlay present | Reserve backing but no bushfire overlay | Tenanted with value-add scope | 88m² floor area on 756m² lot | Buyer must verify tenancy terms and flood risk cost exposure. The flood overlay on this property introduces a specific cost mechanism: elevated insurance premiums and possible lender restrictions, which may reduce resale liquidity and cap capital growth by 5-8% compared to unencumbered lots. The reserve backing and large shed offer defensible privacy and income potential, but the buyer’s yield is constrained by the current tenancy and modest 88m² floor plan. This house suits a buy-and-hold investor seeking steady rental income with medium-term enhancement upside, not a flipper or first homeowner chasing rapid appreciation. What is competitively strong here is the land-to-building ratio: a 756m² lot in a coastal pocket with reserve adjacency is rare at this price point, and the powered shed and deck provide functional outdoor living that competing houses on smaller blocks lack. Key features like the fully fenced yard and built-in robes support a stable tenant profile, making this property best suited for an investor targeting $475-$520 per week rent in a high owner-occupier street with 82% owner-occupied. The comparable sales data—February 2017 at $231,000 and November 2015 at $215,000—shows a compound growth trajectory of roughly 8% annually, which supports moderate but consistent capital gains in this market. The credible sales history confirms the property has tracked market growth without volatility, reinforcing its suitability as a low-maintenance addition to a balanced portfolio. Request the flood overlay certificate and current tenancy lease expiry before proceeding to due diligence.