54 Freshwater Point Road, Legana TAS 7277
54 Freshwater Point Road, Legana TAS 7277
This is a single-level, three-bedroom, two-bathroom house with a double garage on a 1,140-square-metre parcel of land, built in 1998. The property sits in a desirable pocket of Legana and offers development potential subject to council approval.
The standout feature here is the land size, which is notably generous for a three-bedroom home in this part of Legana. This gives the property a rare dual appeal: it functions well as a spacious, single-level family home with established gardens, while also offering future flexibility through its development potential. The property is well-suited to buyers who want room to grow or a longer-term hold, rather than a quick renovation flip. Its position within the suburb is strong because larger lots in this price range are not common, and the quiet, semi-rural character of the area continues to attract families and downsizers alike.
The 1998 build is now approaching thirty years old, which means some systems or finishes may require attention or updating, though the property is described as meticulously maintained. The estimated value sits notably above the current listing range, which suggests there may be room for price growth, but this should be weighed against the fact that the property last sold three years ago for a lower figure. The development potential is a genuine opportunity, but it is conditional on council approval, so a buyer should investigate the zoning and any constraints early to understand what is realistically achievable.
Detailed Independent Property Report prepared by PropCred Analyst team for 54 Freshwater Point Road, Legana TAS 7277
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
1
Income Risk
2
Execution Risk
2
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Market Insight
Legana presents as a family-oriented suburb with a stable, middle-income demographic, where demand is primarily driven by owner-occupiers and couples with children. Recent market conditions show house prices experiencing some volatility, while the unit segment demonstrates stronger growth momentum. Future prospects are supported by solid rental yields, attracting investor interest, though the market’s sensitivity to broader economic conditions remains a key consideration for price stability.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
2
Land
1140m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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