211 Tugrah Road, Tugrah TAS 7310

211 Tugrah Road, Tugrah TAS 7310
Detached studio with kitchenette and bathroom | 1.94 acres in Tugrah with no flood overlay | Three living areas across 260sqm | Bushfire overlay detected The property’s competitive strength lies in its rare combination of a self-contained studio and three separate living zones on nearly two acres, which gives a buyer immediate flexibility for multigenerational living, guest accommodation, or a home office with no compromise to the main house. The 2010 build with air conditioning and built-in robes reduces immediate renovation pressure, and the absence of flood or heritage overlays simplifies due diligence. This property best serves a buyer seeking space, separation of uses, and a country feel within commuting distance of Devonport. The bushfire overlay is the primary risk, as it imposes construction and vegetation management costs that a buyer must factor into their budget and timeline. However, the overlay is known and mapped, so it does not introduce uncertainty if addressed early. The studio adds genuine income or lifestyle optionality that most comparables lack. Hold this property as a long-term family base or a dual-occupancy setup, using the studio to offset holding costs or house extended family.

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

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Market Insight:

Tugrah is a tightly held family suburb, evidenced by its very low sales volume and rapid house sales. Demand is driven by established families, with a dominant demographic of owner-occupiers with mortgages seeking larger homes. Recent price growth for houses has been strong, reflecting this sustained demand within a constrained market. Future performance will hinge on the suburb’s appeal to its core family demographic and broader economic factors influencing mortgage holders.
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PropCred Estimated Value

Bedrooms

4

Bathroom

3

Parking

6

Land

1.94 acres

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