22 Sunrise Drive, Legana TAS 7277
22 Sunrise Drive, Legana TAS 7277
4 bedrooms, 3 bathrooms, single-level bespoke house built in 2020 on approximately 2 acres. The floor size is roughly 229 square metres for the main house with a separate 98-square-metre workshop. North-facing orientation with double-glazed windows and a wood heater.
This property is competitively rare in Legana because it combines a new, energy-efficient build with a genuinely large 2-acre lot within walking distance of shops and schools. Most houses of this age on this much land are found further from amenities. The north-facing aspect and double glazing reduce heating costs, while the oversized garage and substantial workshop appeal to buyers needing serious storage or hobby space. It serves best families seeking a contemporary home with rural space but without isolation.
The property’s value may be influenced by its position in a low-density residential zone with a bushfire overlay on the street, which could affect insurance costs or future building flexibility. The 20-minute drive to Launceston might be a constraint for daily commuters, though this is typical for acreage properties. Council rates near $2,400 per annum are higher than smaller lots but reasonable for the land size. The rental yield would likely be modest given the high price point, so the property suits owner-occupiers more than investors.
Detailed Independent Property Report prepared by PropCred Analyst team for 22 Sunrise Drive, Legana TAS 7277
Checks found:
Value Risk
!
1
Liquidity Risk
✕
2
Planning Risk
!
1
Income Risk
!
1
Execution Risk
!
1
Market Insight
Legana presents as a family-oriented suburb with a stable, middle-income demographic, where demand is primarily driven by owner-occupiers and couples with children. Recent market conditions show house prices experiencing some volatility, while the unit segment demonstrates stronger growth momentum. Future prospects are supported by solid rental yields, attracting investor interest, though the market’s sensitivity to broader economic conditions remains a key consideration for price stability.
PropCred Estimated Value
Bedrooms
4
Bathroom
3
Parking
5
Land
2.09 acres
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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