24 Tanner Drive, Legana TAS 7277
24 Tanner Drive, Legana TAS 7277
3-bed character home | 2006-built Hamptons style | 2000mΒ² tightly-held pocket | room for caravan/boat
This property presents a competitively strong offering due to its expansive, private allotment in a described “tightly held” location, a configuration increasingly rare near urban centres. The 2006-built, character-style home on over 2000 square metres serves a buyer seeking space and permanence, with the gardens and vehicle storage aligning with a lifestyle-oriented purchaser. Its size and positioning make it a long-term family holding, not a transient investment.
The primary decision mechanism is the lack of recent sales evidence for the property itself, with the last transaction in 2017, creating valuation ambiguity. You must budget for a premium reflective of the large block in a sought-after pocket. Acquire it for lifestyle utility over short-term gain, and hold it to capitalise on the scarcity of large, peaceful allotments as the area develops.
* **20 Tanner Drive:** A relevant comparable, sold for $920,000. It is a larger 4-bedroom, 242mΒ² house on a 2523mΒ² lot, built in 2000. This sale confirms the premium for substantial land holdings in this street, supporting a value inference for 24 Tanner Drive well into the $900,000 range, adjusted for its slightly smaller size and newer build.
Independent, Unbiased Research fromΒ our PropCred Analyst teamΒ
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.