39 Shearwater Boulevard, Shearwater TAS 7307
39 Shearwater Boulevard, Shearwater TAS 7307
Renovated coastal 3/2/2 | Near beach & village | Low-maintenance with views | Golf course proximity
This property presents a competitively strong offering in a prime coastal pocket, combining a fully updated, low-maintenance home with a highly convenient lifestyle position. The comprehensive internal upgrades and secure, private outdoor spaces create immediate livability, serving owner-occupiers seeking a turnkey coastal lifestyle or an investor targeting the premium rental segment. Its walkability to the beach, golf, and village amenities is a rare and durable value driver that underpins demand.
The decision hinges on paying a premium for this convenience and condition within a suburb where direct comparables are scarce. The main risk is market acceptance of the listed price point without recent, like-for-like sales evidence. The opportunity is securing a modernised property in an irreplaceable location, which typically sustains capital growth and rental appeal. This property is best acquired as a long-term hold, either as a permanent residence or a strategic investment in a tightly held locale.
Sales history indicates significant appreciation:
– Oct 1990: $115,000
– Oct 2006: $295,000
– May 2017: $315,000
This trajectory demonstrates strong long-term capital growth, with the most recent transaction seven years ago. The substantial increase from the 2017 price to the current listing reflects both market movement and the value added by the extensive renovations completed since that purchase.
Detailed Independent Property Report prepared by PropCred Analyst team for 39 Shearwater Boulevard, Shearwater TAS 7307
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
2
Income Risk
1
Execution Risk
1
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Market Insight
This suburb presents a clear value proposition, with a notable price differential between houses and more affordable units. Demand appears steady, supported by consistent annual sales volume, though houses are taking time to sell. Recent price trends for houses have been mixed, while the unit market has demonstrated stronger growth. The rental market offers solid yields, particularly for units, indicating ongoing investor and tenant demand. Future growth will hinge on broader economic factors and the suburb’s ability to attract sustained buyer interest.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
2
Land
668m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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