289 Main Road, Austins Ferry TAS 7011
289 Main Road, Austins Ferry TAS 7011
This single-story, three-bedroom, one-bathroom house on 612m² of land includes a garage and up to four parking spaces. Built in 1958, it is a solid, older home on a standard residential lot in Austins Ferry.
The property’s competitive strength lies in its generous land size and flexible parking, which are rare for an entry-level home in this suburb. Its solid 1958 construction and single-story layout appeal to buyers seeking a low-maintenance, spacious block without the premium of a renovated interior. This house is best suited to first-home buyers or investors looking for a property with strong rental demand, as similar homes in the street are noted for attracting a range of tenants. Its position in Austins Ferry places it in a mature, established neighborhood where older homes on sizeable lots are the norm, offering a stable, family-oriented environment.
The property’s value may be influenced by its age and original finishes, which could require updating to meet modern expectations. While the land size is a clear advantage, the single bathroom and lack of detailed interior information suggest the house may not command a premium without renovation. The conflicting parking count (one garage versus four spaces) might affect buyer perception, though the higher number is a potential selling point. Buyers should weigh the cost of any necessary upgrades against the property’s solid structural base and the suburb’s consistent demand for this property type.
Detailed Independent Property Report prepared by PropCred Analyst team for 289 Main Road, Austins Ferry TAS 7011
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
2
Income Risk
2
Execution Risk
2
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Market Insight
Austins Ferry is a sought-after residential suburb attracting established households, with demand driven by its high owner-occupier presence and a demographic profile of working professionals. The market has demonstrated robust price appreciation, supported by consistent sales activity and tight rental conditions. Future performance will hinge on the suburb’s appeal to this core demographic, though its established nature may temper the pace of future supply and limit volatility.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
4
Land
613m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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