47 Butler Avenue, Moonah TAS 7009

47 Butler Avenue, Moonah TAS 7009
Zoning risk | conflicting size data | flood overlay | light industrial surrounds The property carries material risk from conflicting internal area figures-426mยฒ versus 152mยฒ-which directly affects per-square-metre valuation and lender appetite, and the flood overlay may raise insurance premiums by an estimated $1,200โ€“$2,000 annually. Its light industrial zoning presents a dual character: potential for higher-density redevelopment or continued residential use, but this also limits standard residential mortgage eligibility and may deter family buyers. Given these factors, this house is best suited as a hold-and-develop or hold-and-renovate play for a buyer comfortable with zoning nuance, not as a straightforward family home. What makes this property competitively rare is the 979mยฒ block in an infill suburb with no bushfire or heritage overlays, offering development optionality that is scarce in Moonah. The 6 open car spaces and 5G coverage serve a buyer needing workshop or trades use, while the Bowen Road Primary intake adds a demographic floor. This property fits best for an investor-buyer or developer-buyer who can absorb the zoning complexity and leverage the land for medium-term capital uplift. Book a site inspection to verify the building footprint and flood risk before proceeding.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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Market Insight:

Moonah presents as a resilient, value-oriented suburb within Hobart’s tightening market, attracting buyers seeking relative affordability. Demand is underpinned by lifestyle appeal and critically low housing supply, which supports capital growth despite broader affordability pressures. Recent price trends show a market in recovery, having cooled from previous peaks but now demonstrating renewed momentum as buyer confidence returns. Future growth is driven by the sustained supply deficit, yet the market remains sensitive to interest rates and local income constraints.
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PropCred Estimated Value

Bedrooms

5

Bathroom

2

Parking

6

Land

979mยฒ

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