51 Hollyhock Drive, Kingston TAS 7050
51 Hollyhock Drive, Kingston TAS 7050
4-bedroom in White Water Estate | 139 sqm internal area | 3 garage spaces | last sold 2021 | currently listed status unclear
This house presents a configuration uncommon for its bedroom count, with a compact internal floor plan that may appeal to buyers prioritising low-maintenance living over spaciousness within a sought-after estate. Its three garage spaces are a significant practical advantage in this market, offering utility and storage. The property is best suited for a small family or investor seeking a established address with strong subdivision amenity, where the land component and garage capacity provide the core value.
The primary risk is the disproportionately small building area, which demands verification and could limit resale appeal to buyers requiring typical four-bedroom proportions. The discrepancy in current listing status requires immediate confirmation to understand true market positioning. Proceed only with a measured offer that heavily discounts the internal area anomaly, targeting a price well below the suburb median for comparable land value. This property should be viewed as a land play with a functional dwelling, not a premium family home.
Recent sales in Kingston provide essential context:
* 2/43 London Way: $785,000
* 28 Apolline Drive: $870,000
* 32 Paperbark Crescent: $865,000
* 15 Grand Mews: $920,000
* 11 Brook Way: $850,000
* 84 Hollyhock Drive: $875,000
* 66 Eldridge Drive: $860,000
* 28 Malachi Drive: $830,000
* 11 Apolline Drive: $795,000
These comparables establish a firm local price ceiling; this property’s value is anchored by its 2021 sale price and constrained by its atypical layout, suggesting its competitive position is at the lower end of this range.
Detailed Independent Property Report prepared by PropCred Analyst team for 51 Hollyhock Drive, Kingston TAS 7050
Checks found:
Value Risk
Liquidity Risk
Planning Risk
1
Income Risk
2
Execution Risk
1
URL has been copied successfully!
Market Insight
Kingston presents as a stable, family-oriented suburb with a strong professional base, driving consistent demand from owner-occupiers. Recent price trends indicate a stabilising market for houses, while the unit segment shows modest growth. Future prospects are underpinned by significant past population growth, though the market remains sensitive to broader economic conditions.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
4
Bathroom
3
Parking
3
Land
553m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!