6/7 Inglis Street, Wynyard TAS 7325

Low deposit gap | walk to shops | no land leverage | aging single-bathroom layout This unit sits in a thin owner-occupier market where 69 percent of local residents own outright, meaning buyer demand leans heavily on downsizers rather than first-timers who would stretch to a low deposit. The 128 square metres of living space is generous for a three-bedroom unit, but the single bathroom creates a functional bottleneck that will resurface at resale, costing roughly 3 to 5 percent off future value compared to a two-bathroom equivalent. At $448,000 the property offers a 4.7 percent gross rental yield on the $470 per week estimate, which is decent for a regional town, yet the 313 square metre block provides almost no subdivision or extension optionality. A buyer should hold this as a long-term income-producing unit, not a renovation play, and accept that capital growth will track the local median rather than outperform. The strength here is the 1994 build quality—low-maintenance brick and tile construction that spares an owner the repair cycle of older stock. Being 600 metres from Wynyard High School and a short walk to the main street gives it a locational edge over competing villas on the outskirts. The property suits a cash buyer or someone with a 30 percent deposit who needs a lock-and-leave base in the northwest coast region, and who values walkability over school catchment performance. Comparable sales within 500 metres show three-bedroom units moving between $420,000 and $460,000 over the past six months, with the tighter supply under $450,000 supporting the current list price rather than discounting it. To move forward, book an inspection through the listing agent and request a building inspection report dated within the last 30 days—this will surface any hidden moisture issues in a 1994 unit that could otherwise surface after settlement.