60 Pitcairn Street, Glenorchy TAS 7010
60 Pitcairn Street, Glenorchy TAS 7010
4 bed | 2 bath | 771m² block | renovated family house | flood overlay flagged
This is a genuinely rare configuration for Glenorchy—a full four-bedroom, two-bathroom house on a generous 771 square metre block that has been renovated to a quality standard. Most stock in this suburb is older three-bedroom housing on smaller or more awkwardly shaped allotments, so this property sits clearly above the typical entry-level offering. The large land area combined with the renovated interior and multiple car spaces positions it as a strong family home, particularly for owner-occupiers who want space and move-in condition without needing to renovate. It also appeals to upgraders moving from smaller Glenorchy stock and investors targeting the higher end of the detached rental market. The digital connectivity is excellent with fibre to the premises and 5G coverage, which adds practical value for working-from-home households. The street itself is a conventional residential pocket, not an industrial edge or high-density corridor, which reinforces the family-house character.
The flood overlay detected on this property is the main factor that might affect value or sale price. It could influence insurance premiums and may limit certain future alterations or extensions, so a buyer should investigate the specific flood risk level and any council requirements before forming a price view. The building age is not stated in available material, which means the renovation may not have addressed every structural element—a building inspection would clarify this. Parking records are inconsistent across portals, so verifying the actual car accommodation on site is worthwhile. The block size is above average for the area, which is a strength, but the building coverage is only 16 percent, suggesting there is potential for future expansion if the flood overlay permits it.
Detailed Independent Property Report prepared by PropCred Analyst team for 60 Pitcairn Street, Glenorchy TAS 7010
Checks found:
Value Risk
✓
Liquidity Risk
!
1
Planning Risk
✕
2
Income Risk
!
1
Execution Risk
✓
Market Insight
Glenorchy is positioned as an affordable entry point to Greater Hobart, benefiting from its proximity to the city’s infrastructure. Demand is driven by buyers seeking value and investors capitalising on an acutely undersupplied rental market, with vacancy rates critically low. Recent price trends show solid growth across both houses and units, supported by strong buyer interest and rapid sales. Future growth is underpinned by the persistent housing shortage across Tasmania, though this same supply constraint presents a key risk to affordability and market balance.
PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
771m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
Other Properties to Compare in This Area
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