38 Bartley Street, Hadspen TAS 7290

38 Bartley Street, Hadspen TAS 7290
A 1960s detached house with 3 bedrooms, 1 bathroom, and 13 parking spaces on a 7,272 m² lot in Hadspen, Meander Valley. This single-story property sits on approximately 1.8 acres, offering substantial land area and high vehicle capacity, placing it well above typical suburban lot sizes. What is competitively strong about this property is its rare combination of acreage and extreme parking capacity, making it an outlier in Hadspen. The 7,272 m² lot positions it in a premium rural-residential category, distinct from the smaller 500–1,000 m² lots typical of the suburb. The 13 parking spaces signal a specialised utility, likely attracting buyers with agricultural, trade, or large-scale recreational needs. This property serves buyers requiring land for grazing, gardening, or potential subdivision, along with space for work vehicles or machinery. Its location in the Meander Valley area offers a semi-rural character with proximity to Carrick and Longford, appealing to those seeking low-density living with practical land use. Several factors may materially affect the property’s value. The 1960s build age suggests potential for updates or maintenance, which could influence renovation costs. The large land size may offer subdivision potential, but this depends on specific zoning codes not confirmed in available data. The high parking capacity is a distinct feature, but its value relies on buyer demand for such utility. Proximity to local services and schools in Hadspen or Longford may affect convenience, though exact catchment boundaries are unclear. Buyers should weigh these variables when forming a view on price, as the property’s unique configuration may not appeal to all market segments.
Detailed Independent Property Report prepared  by PropCred Analyst team for 38 Bartley Street, Hadspen TAS 7290
Checks found:
Value Risk
Liquidity Risk 2
Planning Risk
Income Risk 2
Execution Risk ! 1
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Market Insight

Hadspen is a family-oriented suburb with strong owner-occupier appeal, driven by young families in trades professions. Recent market conditions show a softening in house prices, though the market has demonstrated significant long-term growth. Future demand is underpinned by steady population growth, while key risks include ongoing price sensitivity and a recent contraction in rental returns for houses.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

13

Land

1.8 acres

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