78 Albion Heights Drive, Kingston TAS 7050
78 Albion Heights Drive, Kingston TAS 7050
Large rural residential lot | 4-bed family house | 8+ car capacity | Kingston fringe
This propertys primary strength is its substantial 2.35-hectare parcel in a metropolitan fringe location, offering a rare combination of family-scale accommodation and extensive utility space. The configuration, with eight to nine car spaces, targets a buyer requiring workshop, vehicle collection, or home business infrastructure, positioning it as a functional holding rather than a standard suburban home. It serves families or occupiers seeking space and versatility over urban proximity.
The decision hinges on reconciling the premium for land volume against the house’s presented condition, with the leased history indicating proven income capacity but also potential deferred maintenance. The wide estimate range reflects uncertainty in valuing such atypical improvements. Acquire for long-term land banking or owner-occupation with income potential; its specific utility justifies the holding but limits mainstream liquidity.
Recent sales data for Kingston provides essential context. While direct comparisons are challenging due to this property’s unique lot size, the available market activity establishes a baseline for standard residential values in the area, against which this property’s significant land component commands a notable premium.
* Sold price history for this specific address is available, providing a clear trajectory of its market performance.
* Recent sales data for comparable properties in Kingston is accessible, allowing for informed benchmark analysis.
This data confirms the property trades on its land value, with the house contributing minimal incremental worth. The listing price sits between its last sale price and the higher current estimates, suggesting a negotiated outcome is probable.
Detailed Independent Property Report prepared by PropCred Analyst team for 78 Albion Heights Drive, Kingston TAS 7050
Checks found:
Value Risk
✕
2
Liquidity Risk
!
1
Planning Risk
✓
Income Risk
✓
Execution Risk
✓
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.
PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
9
Land
2.35 ha
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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