4/9 Childs Drive, Old Beach TAS 7017
4/9 Childs Drive, Old Beach TAS 7017
3-bed house on 557m² | 104m² built area | Owner-occupied suburb | 2-car garage | Modest internal footprint
A compact detached house is offered within an established owner-occupied suburb where family-sized homes are the norm. The 557m² block is considered typical for the area, while the 104m² internal layout is seen as efficient rather than spacious. This property is best suited to first-home buyers or small families seeking a low-maintenance lifestyle. Its location within a predominantly separate-house neighbourhood is viewed as a positive for long-term occupancy, and the two-car accommodation adds practical appeal. The modest footprint is balanced by the land component, which provides opportunities for future extension or landscaping, subject to planning approvals.
Value may be influenced by the condition of the original structure and the level of modernisation already undertaken. The absence of a confirmed build year might lead buyers to factor in potential maintenance of older systems. Land size and the potential for redevelopment may be weighed against the compact floor area. The property’s orientation and aspect might affect natural light and energy efficiency, which could moderate buyer appeal. These factors are likely to be assessed against comparable sales in the vicinity.
>> Comparable Sales: 37 Jetty Road sold $640,000 | Property Price Band: $600K-$700K | Value Drivers: land size, condition, internal layout
Detailed Independent Property Report prepared by PropCred Analyst team for 4/9 Childs Drive, Old Beach TAS 7017
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
1
Income Risk
1
Execution Risk
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Market Insight
Old Beach TAS 7017 is a low-volume market, with 74–85 house sales annually. Demand is supported by the rental profile: gross yields of 4.27% for houses and 5.54% for units, and weekly rents of $610 and $500 respectively. The median house price is $720,000, with annual growth ranging from 0.4% to 1.1%, flat but stable. Houses sell in 40 days on average, indicating balanced conditions. Units rose 10.51% quarterly to a $510,000 median, though the small sample limits interpretation. The thin sales base makes momentum difficult to confirm.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
2
Land
555m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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