34 Buckingham Drive, Howrah TAS 7018

34 Buckingham Drive, Howrah TAS 7018
34 Buckingham Drive, Howrah TAS 7018 is a 3-bedroom, 2-bathroom, 1-car house with a reported 137 m² building size on 519 m² of land. The property was listed for sale as a house in Howrah. The current sale listing describes it as being set across two levels, with updated bathrooms, light-filled living spaces, and a modernised kitchen. 3 bed two bath two-level house | 519m² land in established Howrah | Under median price point | Modernised interior with updated bathrooms | Family-oriented suburb with solid rental demand This property is competitively positioned within Howrah’s housing market due to its updated interior finishes and generous land size. The two-level layout provides distinct living and sleeping zones, which is often preferred by families seeking separation of space. Its configuration of three bedrooms and two bathrooms appeals to both owner-occupiers and investors, as it meets the typical requirements of family buyers while also offering rental appeal. The modernised kitchen and bathrooms reduce the need for immediate renovation, making this a move-in-ready option. Being set on a 519m² parcel, the land component offers future flexibility for additions or landscaping. The property sits in a suburb dominated by detached houses, and its price point is below the broader median for the area, which may attract buyers looking for value in an established residential setting. The property’s value may be influenced by its two-level design, which could be a consideration for buyers with mobility needs or those who prefer single-level living. The presence of flood planning controls in parts of Howrah suggests that due diligence on the specific site’s flood risk is warranted, as this could affect insurance costs or future development potential. The building age is not confirmed, but the modernised finishes indicate some updates have been made, though the condition of original elements like roofing or plumbing should be verified. The land size is typical for the suburb, offering no unusual scarcity or premium in this regard. Rental demand appears solid based on comparable stock, but yield expectations should account for the property’s asking price relative to local rental rates.
Detailed Independent Property Report prepared  by PropCred Analyst team for 34 Buckingham Drive, Howrah TAS 7018
Checks found:
Value Risk 2
Liquidity Risk 2
Planning Risk ! 1
Income Risk 2
Execution Risk 2
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Market Insight

Howrah is an established eastern Hobart suburb with strong transport links, appealing to families and investors seeking lifestyle and proximity. Demand is driven by competitive bidding from upsizers and first-home buyers, leading to rapid sales. Recent house price growth has been robust, though unit growth is more varied, with the market characterised by tight supply and swift turnover. Future growth is supported by sustained buyer interest, but constrained by significant listing shortages and affordability pressures in a rate-sensitive environment.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

3

Land

519m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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