86 Josephine Street, West Ulverstone TAS 7315
86 Josephine Street, West Ulverstone TAS 7315
3-bed house on 651m² lot | generous parking for three cars | family-friendly suburban setting | practical layout with potential | near primary school and beach access
A detached house with a solid land parcel and multiple parking spaces is considered competitive in the current market. Its suburban location is seen as offering practical access to daily amenities without a premium price tag. This property is well-suited for buyers seeking functional space and the potential to add value over time, particularly owner-occupiers and families.
Price negotiation may be influenced by the lack of verified renovation quality or building age. On-site assessment might be required for natural light and heating costs due to unconfirmed orientation and aspect. The property’s potential for value-add improvements is considered a key factor for buyers.
Detailed Independent Property Report prepared by PropCred Analyst team for 86 Josephine Street, West Ulverstone TAS 7315
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
Income Risk
Execution Risk
1
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Market Insight
West Ulverstone is a mature, family-oriented suburb with strong owner-occupier presence, where demand is driven by established households and downsizers. The housing market exhibits robust capital appreciation, supported by consistent sales activity, though time on market varies. Future growth is underpinned by this stable demographic base, while reliance on local trades-based incomes presents a potential constraint on affordability and demand elasticity.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
3
Land
651m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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