34A Tinderbox Road, Blackmans Bay TAS 7052

34A Tinderbox Road, Blackmans Bay TAS 7052
Compact updated unit | no body corporate | two bathrooms | solar and double glazing | family-friendly street This property holds a clear edge over typical two-bedroom units in Blackmans Bay. The second bathroom and two off-street spaces are genuinely uncommon at this size, and the lack of body corporate removes the ongoing levies that usually come with attached housing. The renovations are practical rather than decorative: double glazing, solar panels, and heat pumps reduce running costs, while the fenced yard and low-maintenance grounds suit buyers who want space without upkeep. It sits comfortably between a first home and a downsizing option, offering the privacy of a house with the convenience of a unit. The building area is modest at 94 m², so the layout must work efficiently to feel spacious. The utility room convertible back to a garage adds flexibility that may appeal to a buyer wanting storage or a workshop. Being one of two units on the site means shared driveway considerations could influence long-term appeal, though the absence of strata fees offsets that. The land size of 510 m² is generous for a unit, but the usable outdoor space may be shaped by how the two units are positioned. Buyers should weigh the improved condition against the compact footprint. >> Comparable Sales: nearby 2-bed unit sold $560,000 Jul 2025 | Property Price Band: $600K–$700K | Value Drivers: no body corporate, renovated condition, dual bathrooms and parking
Detailed Independent Property Report prepared  by PropCred Analyst team for 34A Tinderbox Road, Blackmans Bay TAS 7052
Checks found:
Value Risk ! 1
Liquidity Risk ✕ 2
Planning Risk ✕ 2
Income Risk ! 1
Execution Risk ! 1
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Market Insight

Blackmans Bay, a family dominated pocket of Greater Hobart, draws professionals earning $78k–$130k; 75% of households are families, and 45% of owners carry mortgages. House prices show conflicting signals: median $850k over 12 months, but annual compound growth of -2.8% and one estimate at -7.7%. Units sit at $593k. Sales volume is thin at 91–93 per year, averaging 37 days on market. Tasmania’s rental growth has compounded at 10–12%, and houses sell 6% above asking. Supply constraints tighten the market: new approvals fell 2.5% to 2,426, short of the National Housing Accord by 2,736, with Hobart supply down 26%. The risk: Blackmans Bay underperforms post boom, and rate sensitivity is elevated given high mortgage prevalence.
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PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

1

Land

511m²

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