3/18 Jermyn Street, Ulverstone TAS 7315
3/18 Jermyn Street, Ulverstone TAS 7315
Near-new unit | double garage | high-spec interior | walkable coastal town | tight land
This is one of the newest and most complete units within walking distance of the Ulverstone centre and foreshore, and its specification stands well above typical local stock. The combination of two full bathrooms, a double garage, and premium finishes such as Tasmanian Oak flooring and 2.7-metre ceilings is uncommon for a unit of this size in the area, which is dominated by older housing or smaller, lower-spec configurations. The property is best suited to owner-occupiers seeking low-maintenance living with house-like functionality — downsizers, professionals, or coastal changers who want modern comfort without a large yard. Its position close to schools, shops, beaches, and walking tracks also supports strong liveability, and the fact that it has been owner-occupied since completion suggests it has been cared for from the start.
The 294-square-metre land parcel is compact, which may limit future expansion or significant landscaping changes, but the double garage and private alfresco already provide practical outdoor space. The property is a unit, so strata arrangements and body corporate fees may apply, and these should be confirmed before forming a view on ongoing costs. Its near-new age means depreciation schedules could offer tax benefits for an investor buyer, but the finish level and configuration point more clearly to owner-occupier demand than high-yield rental. The street mix of older houses and newer units suggests gradual infill rather than rapid change, so long-term value growth is likely to be steady rather than dramatic. Buyers should weigh the premium price against the rarity of this specification in the local market.
Detailed Independent Property Report prepared by PropCred Analyst team for 3/18 Jermyn Street, Ulverstone TAS 7315
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
1
Income Risk
Execution Risk
1
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Market Insight
Ulverstone presents as a stable regional market with a mature demographic profile. Demand is underpinned by steady buyer activity and strong recent capital growth, reflecting its appeal to a specific life-stage cohort. The market demonstrates consistent price appreciation and solid rental yields, indicating balanced conditions. Future growth is supported by positive population trends, though its smaller scale means outcomes remain sensitive to localised factors.
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PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
2
Land
294m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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