95 Athena Drive, Risdon Vale TAS 7016

95 Athena Drive, Risdon Vale TAS 7016
– 95 Athena Drive, Risdon Vale TAS 7016 is a 4-bedroom, 2-bathroom house on a 479 m² lot, with a building size of about 131 m², 1 living area, 1 ensuite, built-in robes, dishwasher, floorboards, reverse-cycle air conditioning, and full fencing. The property was listed for sale as a house in Risdon Vale. 4 bed | 2 bath | 2024 build | compact 479m² lot | bushfire overlay present | FTTP and 5G connected This property is competitively positioned as a low-maintenance, modern family house in a suburb where older housing stock is more common. The 2024 build date, combined with hard flooring, reverse-cycle air conditioning, and built-in storage, gives it a distinct advantage over established homes that may require updating. The 4-bedroom, 2-bathroom layout suits families or households needing space for work-from-home use, and the strong digital connectivity through FTTP and 5G adds further appeal for remote workers. The compact lot limits outdoor space but reduces upkeep, which is a deliberate trade-off that attracts first-home buyers or owner-occupiers seeking a newer home without the premium of inner Hobart suburbs. The bushfire overlay may affect insurance costs and could be a consideration for some buyers, though it is not unusual for edge-of-urban locations in this region. The inconsistent parking data across sources suggests either limited on-site parking or a data feed issue, which warrants clarification. While the 479 m² lot is efficient for a new build, it offers less yard space than older suburban houses, and the lack of verified aspect or solar exposure means orientation and natural light cannot be assumed. Estimated rental income of $720 per week implies a moderate yield, but the price range between $695,000 and $780,000 indicates some uncertainty in market positioning. These factors should be weighed carefully when forming a view on price.
Detailed Independent Property Report prepared  by PropCred Analyst team for 95 Athena Drive, Risdon Vale TAS 7016
Checks found:
Value Risk 2
Liquidity Risk
Planning Risk
Income Risk 2
Execution Risk 2
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Market Insight

Risdon Vale presents as an affordable entry point into the Hobart market, characterised by high owner-occupancy and steady demand. This demand is primarily driven by local buyers seeking value, evidenced by rapid sales and a tight rental market with strong yields. Recent price trends indicate stable, moderate growth, supported by ongoing development activity. Future prospects are underpinned by this sustained demand and infrastructure investment, though key constraints include rental affordability pressures and a market sensitive to broader economic conditions.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

479m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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