44 Prossers Forest Road, Ravenswood TAS 7250

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44 Prossers Forest Road, Ravenswood TAS 7250

Offers Above $539,000

House 3 Beds 1 Bath 2 Cars 612 m² 102 m²

Listed: 2 days ago

Updated: 20 hours ago

Overview

Situated in the Ravenswood suburb of Tasmania, this three-bedroom house presents an excellent investment proposition, combining practical living space with established rental income. Spanning approximately 102 square meters internally, the home offers a functional layout that includes built-in robes and heating, which enhance comfort and ease of living.

The property is positioned on a generous 613 square meter allotment, providing a spacious yard that can accommodate outdoor activities or future enhancements. Additional storage and utility needs are met with a separate shed and a double garage, which also contribute to the property's appeal.

Currently tenanted with a long-term occupant, the property generates a reliable rental income of $22,360 per annum, equivalent to $860 per fortnight. The tenant has expressed interest in renewing their lease, suggesting potential continuity for new owners and reducing the risk of vacancy.

This residence is located within a General Residential zoning area, free from flood and heritage overlays, although it is subject to bushfire zoning. Council rates and water charges are modest, estimated at approximately $1,500 per annum and $300 quarterly, respectively.

The property's proximity to schools, shops, and transport options enhances its desirability for a range of investors or those seeking a manageable family home in a convenient location. With these features, the home represents a sound blend of comfort, practicality, and steady income potential.

Three bedrooms complemented by one bathroom
Built-in robes and heating provide comfort and storage
Double garage and detached shed augment space and utility
613sqm block offers ample outdoor area
Approximate internal living space of 102sqm
Established rental income of $22,360 per annum with lease renewal prospects
General Residential zoning with no flood or heritage constraints
Conveniently close to schools, shops, and public transport

Local Market Insights

In Ravenswood, Quiet Listings observed 61 new houses entering the market over the last 30 days, up from 46 during the previous 30-day period, with an average advertised asking price of $776,230. The property type mix of listed properties is predominantly Houses at 57%, followed by land (21%), and units (15%). The most active agency for houses in the Ravenswood area is currently Harcourts, representing 20% of new listings, followed by Harrison Humphreys Real Estate with 18%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.