24 Amundsen Cres, Warrane TAS 7018
24 Amundsen Cres, Warrane TAS 7018
compact 3-bed layout | low-maintenance townhouse feel | strong first-home and investor pull | practical amenity location | modest land size
A compact three-bedroom configuration is offered by this property, and it suits buyers wanting manageable size without sacrificing function. Low-set dwellings with off-street parking dominate the street, so a similar character can be expected here. Broad appeal is created in Warrane by first-home buyers, small families, and investors. Its position near Eastlands and Hobart CBD makes it a convenient base without premium architectural character. Updated climate control and a fenced yard are likely to be present. This is a sensible entry-level house that should hold demand because it matches what the local market wants: modest, functional space.
Main value influences are land size, condition, and internal finish. Modern fixtures and good light may justify a modest premium. A small or parking-constrained parcel might limit upside. No active strata fees helps, but title structure should be confirmed. Price sensitivity is likely, but rental appeal and local demand help. These factors should be weighed carefully.
Detailed Independent Property Report prepared by PropCred Analyst team for 24 Amundsen Cres, Warrane TAS 7018
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
Income Risk
1
Execution Risk
2
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Market Insight
Warrane, in Clarence, Tasmania, is a compact family-oriented suburb with a mature demographic: average age 38, families 59%, and 54% of owners holding mortgages. Rents are firm—houses $525–$540 weekly, units $435–$510—supported by a tight 0.41–0.47% vacancy rate. House prices range $563,500–$585,250 with 2.27–6.0% annual growth; units lag at 0.29%. Houses sell in as few as 16 days median, yet annual turnover is thin at 31–33 sales, indicating low liquidity. Demand is driven by scarce rental supply and steady owner-occupier activity, though affordability is sensitive: listing prices have dipped slightly over two years. Future growth relies on road links via Cambridge Road and Bligh Street plus school catchments. Key risks: limited listed stock, mortgage-rate sensitivity, and subdued unit performance.
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PropCred Estimated Value
Comparable Sales: 1/22 Amundsen Crescent (mid-$400,000s) and a 3-bed Warrane sale on 350 m² ($666,000) | Property Price Band: $500,000-$600,000 | Value Drivers: condition, land size, layout and presentation.
Bedrooms
3
Bathroom
2
Parking
1
Land
605m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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