201 Percival Street, Latrobe TAS 7307

201 Percival Street, Latrobe TAS 7307
Large flat block | 4 bed family layout | near shops and schools | built in 2003 This property presents a strong buying case for families seeking space and convenience. The 910 mยฒ flat block is rare in this price band, and the 297 mยฒ build provides generous separation with a separate lounge, open-plan kitchen, and an additional nook that could serve as a fifth bedroom. The 3-car garage and fully fenced yard reduce typical compromises for families with multiple cars or pets. Positioned near Latrobe Primary School and local shops, it suits buyers prioritising daily practicality over prestige. The 2003 build avoids major maintenance surprises, while the undercover entertaining area adds year-round liveability. The main risk is the absence of bushfire, flood, or heritage overlays, but the propertyโ€™s value sits below recent estimates of $881,000, offering a potential entry discount if negotiated below $800,000. The 12 days on market suggests limited competition, but the search band of $795kโ€“$875k means you must act decisively. NBN Fibre to the Node is adequate but not a prime driver. Hold this property for steady family use; its block size and layout will retain demand in a constrained market.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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Market Insight:

This established suburb attracts a mature demographic, with a significant portion of residents owning their homes outright, indicating stability and lower turnover. Demand is underpinned by downsizers and childless couples seeking a settled environment. Recent price trends for houses show varied performance, while the unit market demonstrates more consistent growth. The market moves at a measured pace, with houses taking longer to sell than units. Future growth is supported by solid rental yields, particularly for units, though the market’s sensitivity to broader economic conditions remains a key consideration for prospective buyers.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

5

Land

910mยฒ

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