9 Mitchell Street, Mayfield TAS 7248
9 Mitchell Street, Mayfield TAS 7248
sprawling 918m2 lot | low site coverage | no detected overlays | East Tamar catchment
This property is distinguished by its exceptionally large land parcel with minimal building coverage, placing it above the typical suburban footprint. Its mid-century construction and generous yard space make it particularly suitable for families seeking room to grow or downsizers wanting single-level living with outdoor amenity. The confirmed primary school catchment adds to its family appeal, and the absence of identified overlays reduces regulatory concerns.
The 1960 build may be seen as requiring updates, and the single bathroom might be considered a limitation for larger households. The property’s value could be influenced by the potential for extensions on the low-coverage lot, subject to local planning constraints. These factors should be weighed by buyers when forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 9 Mitchell Street, Mayfield TAS 7248
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
1
Income Risk
2
Execution Risk
URL has been copied successfully!
Market Insight
Mayfield presents as an affordable entry point with a market characterised by solid capital growth and strong rental yields, attracting investor interest. Demand is underpinned by a high proportion of renters and younger households, creating a consistent tenant pool. Recent price trends indicate a robust market with houses transacting swiftly, reflecting healthy competition. Future growth will likely hinge on broader economic factors, while the market’s reliance on a limited volume of house sales introduces a degree of sensitivity to supply and demand shifts.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
3
Land
918m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!