74 Baskerville Road, Old Beach TAS 7017

74 Baskerville Road, Old Beach TAS 7017
| Bushfire overlay | 1.8ha land low use | oversize garage count | price vs suburb median | The bushfire overlay on this 1.8 hectare lot introduces a specific risk mechanism: increased compliance costs for any future building or subdivision work, which can run into tens of thousands before you even consider vegetation management. The sheer size of the land, combined with the 12 parking spaces and double garages, creates an opportunity cost for a buyer who pays near the $970,000 estimated value but can only use the house and deck effectively; the rest sits as maintenance burden. This property works best as a long-hold residential retreat rather than a renovation flip or subdivision play. What makes 74 Baskerville Road competitively rare is the combination of 1.8 hectares with mountain and rural views in a suburb where the median 4-bedroom house sits at $778,000. The 2019 sale at $665,000 and the 2023 sale at $880,000 show an average annual growth of roughly 7 percent, and the current estimated range of $890,000 to $1,060,000 suggests the price has plateaued slightly. This property serves a buyer who values space and privacy over location convenienceโ€”the nearest primary school is 8.8 kilometres awayโ€”and who needs no further approval costs for their lifestyle. If you want holding power with potential for modest land value gains over the next 5 to 7 years, this is a buy; arrange a private inspection to assess the bushfire management plan and confirm the deck’s condition before your offer.

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

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Market Insight:

Old Beach presents a steady, value-oriented market with modest capital growth for houses, while its unit segment has demonstrated recent strong quarterly performance. Demand is supported by a solid rental market, with units offering particularly attractive yields, indicating investor interest alongside owner-occupier activity. The market is balanced, with houses transacting at a measured pace, reflecting stable conditions. Future performance will hinge on broader economic factors, given the absence of clear, suburb-specific catalysts or constraints identified in the current data.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

12

Land

1.8 ha

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