4 Betsy Mack Place Howrah TAS 7018
4 Betsy Mack Place Howrah TAS 7018
3-bed 2013 house | 193mΒ² build on 604mΒ² | 32% site coverage | Bushfire overlay | Fibre NBN & 5G
This property presents a competitively modern house on a low-density footprint, offering a rare combination of recent construction and substantial land within Howrah. Its three-bedroom, two-bathroom configuration with dual living areas serves the established family segment most effectively, providing immediate utility without renovation risk. The low building coverage preserves outdoor space and future flexibility, a tangible advantage over newer, high-density stock.
The primary decision mechanism is the bushfire overlay, which imposes specific construction standards and may elevate ongoing insurance premiums. The 11-year ownership span suggests a motivated vendor, creating a negotiation opportunity against the listed price. This house is a hold property for long-term capital growth, leveraging its land component. A Propcred report validates its real market valuation, clarifies overlay compliance costs, and benchmarks locality-specific insurance risk.
Nearby comparable sale at 1/2 Betsy Mack Place, a four-bedroom townhouse, transacted within an estimated $770,000-$771,000 range. This infers the subject property’s premium is justified by its freestanding nature, larger land holding, and greater building area, anchoring its listed price within a credible market segment.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Howrah is an established eastern Hobart suburb with strong transport links, appealing to families and investors seeking lifestyle and proximity. Demand is driven by competitive bidding from upsizers and first-home buyers, leading to rapid sales. Recent house price growth has been robust, though unit growth is more varied, with the market characterised by tight supply and swift turnover. Future growth is supported by sustained buyer interest, but constrained by significant listing shortages and affordability pressures in a rate-sensitive environment.