4/134-136 Shearwater Boulevard, Shearwater TAS 7307

4/134-136 Shearwater Boulevard, Shearwater TAS 7307
4/134-136 Shearwater Boulevard, Shearwater TAS 7307 is a freestanding 3-bed, 2-bath villa/unit in the gated complex “The Cove”, positioned privately at the rear of the development. The property was listed for sale as a unit in Shearwater. private gated villa | coastal lifestyle setting | 3 beds 2 baths | parking count varies | downsizer and lifestyle appeal This property is positioned as a rare freestanding villa within a gated complex, with a private rear setting that is considered uncommon for unit-style living. The configuration of three bedrooms and two bathrooms, along with multiple car spaces, is viewed as generous and is likely to appeal to downsizers or lifestyle buyers who value coastal proximity and low-maintenance convenience. The property is situated within a premium tier of its local market, where such a freestanding unit often commands detached-house-like consideration in terms of space and privacy. The inconsistency in reported parking and land figures across public records may create a need for verification through contract documentation, as any discrepancy could influence buyer perception and financing. Additionally, the property’s pricing at the higher end of the unit market might make it more sensitive to broader market conditions, though its freestanding format and gated setting may provide some insulation. The potential for body corporate costs and the absence of detailed amenity information should be weighed when forming a value assessment.
Detailed Independent Property Report prepared  by PropCred Analyst team for 4/134-136 Shearwater Boulevard, Shearwater TAS 7307
Checks found:
Value Risk ! 1
Liquidity Risk ! 1
Planning Risk ! 1
Income Risk 2
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

3

Land

340m²

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