46 Young Street, East Devonport TAS 7310
46 Young Street, East Devonport TAS 7310
Spacious family layout | Elevated position | Inconsistent listing data | Older suburb with low turnover
This property offers a genuinely rare configuration for East Devonport: a large 286–372 square metre interior on a 738 square metre block, with three bathrooms and four to five bedrooms. That scale, combined with a 39 percent building coverage and 46 metre elevation, positions it as one of the more substantial family houses in the suburb. The absence of bushfire, flood, or heritage overlays reduces due diligence friction, while reliable NBN and 5G coverage support modern living. The property best suits a buyer seeking generous internal space and multiple bathrooms in a low-turnover, older demographic area where long-term owner-occupiers dominate. For a family prioritising room count and land size over street vibrancy, this house represents a clear competitive edge in the local market.
The primary risk is the inconsistency across listing sources: bedroom counts vary between four and five, parking between two and three, and building size by nearly 90 square metres. This signals either a data error or a property that has been reconfigured without updated records, requiring verification via inspection or agent. The suburb’s 60-plus average age and 76 percent long-term residency suggest limited local buyer demand, which may extend time on market and reduce resale liquidity. On opportunity, the withdrawn listing from one source may indicate a motivated seller or a price reset, giving a buyer room to negotiate below the advertised range. The recent comparable at 41-43 Upper Drew Street at nearly one million dollars suggests that well-positioned larger houses in the area can command a premium, but only if the configuration and condition are confirmed.
Detailed Independent Property Report prepared by PropCred Analyst team for 46 Young Street, East Devonport TAS 7310
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
1
Income Risk
Execution Risk
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Market Insight
East Devonport is a robust and active residential market, evidenced by strong sales volumes and competitive days on market. Demand is being driven by buyers seeking value, with significant annual price growth reflecting sustained market activity. This momentum is supported by consistent transaction levels and a healthy rental market, indicating solid investor and owner-occupier interest. Future growth will likely hinge on the continuation of these demand drivers, though the market’s current pace suggests a competitive environment for acquisitions.
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PropCred Estimated Value
Bedrooms
5
Bathroom
3
Parking
2
Land
738m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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