24 Balleny Drive, Oyster Cove TAS 7150

Renovated end-of-road retreat | 3 bed, 2 bath on 5 bush acres | D’entrecasteaux panorama | rare quiet in sought-after Oyster Cove This property’s competitive strength is its combination of modern renovation and absolute privacy at the end of a no-through road, with panoramic water views that are scarce in this price band. The 150-square-metre internal area on five acres gives a buyer rare spatial separation from neighbours while still being in a sought-after coastal enclave. For a buyer seeking a permanent residence or a high-end weekender that requires no immediate work, the house is ready to occupy. It best suits a professional couple or small family who value outlook and quiet over proximity to services. The primary risk is that the property sits on bushland, which carries fire management obligations and may limit some insurance options. The elevated position and sunny aspects mitigate damp and maintenance issues common in Tasmanian coastal homes, but access along a no-through road could be a factor during severe weather. The value estimate around $692,000 appears reasonable given the land size and views, though comparables in Oyster Cove are thin. The buyer’s opportunity is to hold this as a long-term lifestyle property, where scarcity of similar renovated homes in this location should underpin value. Use it as a private residence or lock-up-and-leave weekender with low ongoing maintenance.