2A Tregear Street, Moonah TAS 7009
2A Tregear Street, Moonah TAS 7009
1940s solid brick | 508sqm block | walk to schools | no parking | off-market
This house presents a rare configuration edge for Moonah: a full 508sqm block with a solid 1940s build and no heritage overlay, meaning a buyer holds genuine flexibility to renovate, extend, or redevelop without the constraints that often limit period homes in this corridor. The 117sqm floor plan is compact but functional for a couple or small family, and the proximity to Bowen Road Primary and St Thereseโs makes it a logical hold for those prioritising school catchment access over finished presentation. Being off-market and without recent sales history, the buyerโs position is strengthened-there is no competing recent transaction to anchor vendor expectations, and the 1988 purchase price of $46,000 is irrelevant to current negotiations, leaving room for a disciplined, evidence-based offer.
The primary risk is the lack of parking and the need for capital to address an untouched interior, which will cost the buyer in both holding time and renovation budget if they intend to live immediately. Flood and bushfire risk are absent, removing insurance premium concerns. The commercial logic here is to buy on block size and location, not condition; a cosmetic refresh and off-street parking conversion would unlock equity quickly. Hold this property as a long-term land play in a tightening inner Hobart market, or renovate and exit within three to five years.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
Market Insight:
Moonah presents as a resilient, value-oriented suburb within Hobart’s tightening market, attracting buyers seeking relative affordability. Demand is underpinned by lifestyle appeal and critically low housing supply, which supports capital growth despite broader affordability pressures. Recent price trends show a market in recovery, having cooled from previous peaks but now demonstrating renewed momentum as buyer confidence returns. Future growth is driven by the sustained supply deficit, yet the market remains sensitive to interest rates and local income constraints.