OFF MARKET

17 Pearce Street
Branxholm TAS 7261

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 113m2
Land area: 4169m2
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Property Details for 17 Pearce St, Branxholm

17 Pearce St, Branxholm is a 3 bedroom, 2 bathroom House and was built in 2018. The property has a land size of 4169m2 and floor size of 113m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
House
Year Built
2018
Floor Size
113m2
Land Size
4169m2
Local Government
Dorset
Lot/Plan
1/156108

Last Listing description (July 2023)

Solid Investment opportunity + subdivision potential - Branxies
Already a solid Airbnb success story, Branxies offers the opportunity to continue enjoying great returns with potential to subdivide the large 4,169m2 block STCA and sell-off a smaller 1,000m2 lot.

Offered fully furnished to the smart investor, featuring fast NBN connectivity and near new stylish furniture carefully selected for maximizing Airbnb appeal, Branxies is bright, inviting and impeccably presented. The opportunity to make this engaging property your very own north east Tassie escape is enhanced by the option to continue appreciating its performance as a source of short stay accommodation income.


'Branxies' is a character filled, spacious modern home offering a rural lifestyle opportunity 10mins from Derby. The property boasts a great track record as an established Airbnb property that makes the most of the brilliant setting close to the mountain bike trails and floating sauna that define Derby.

Branxies features a practical layout with large sun filled living and dining areas, 3 x welcoming bedrooms, 2 x stylish bathrooms, modern kitchen, practical laundry/mud room entrance and a spacious wrap-around deck. Views over the Branxholm Valley are enjoyed from most rooms with the exceptional dimensions of the wrap-around deck. Additional attractions include reverse cycle heating/cooling, BBQ facilities, lockable bike storage, a dedicated bike wash area and ample car parking for 4+ cars or trailers onsite.

The village of Branxholm is 10mins from the Derby trailhead (or 30mins riding on the awesome Branxholm-Derby link trail) and has all the practical amenities. The property is walking distance to the well-stocked IGA supermarket, Branxholm Imperial Hotel, restaurant, cafe & in summer you can cool-off in the Branxholm 25m pool (free entry).

In addition, a proposal for subdividing the 4,169m2 block and creating a second site of approx.. 1,000m2 is feasible, subject to compliance with the relevant Dorset Council planning scheme. The proposed subdivision adds yet another layer of value to a savvy investor!

Property History for 17 Pearce St, Branxholm, TAS 7261

A timeline of how this property has performed in the market
Last Sold
$450,000
25 May 2023
Listed for Rent
$260/w
28 Apr 2020
  • 25 May 2023
    Sold for $450,000
  • 27 Mar 2020
    Listed for Rent $260 / week
  • 08 Jan 2020
    Sold for $275,000
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About Branxholm 7261

The size of Branxholm is approximately 45.4 square kilometres. It has 3 parks covering nearly 110.6% of total area. The population of Branxholm in 2011 was 201 people. By 2016 the population was 255 showing a population growth of 26.9% in the area during that time. The predominant age group in Branxholm is 50-59 years. Households in Branxholm are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Branxholm work in a managers occupation. In 2011, 82.9% of the homes in Branxholm were owner-occupied compared with 82.2% in 2016.

Branxholm has 221 properties. Over the last 5 years, Houses in Branxholm have seen a 70.94% increase in median value, while Units have seen a 248.06% increase. As at 31 August 2024:

  • The median value for Houses in Branxholm is $377,853 while the median value for Units is $488,429.
  • Houses have a median rent of $380.
There are currently 4 properties listed for sale, and 1 property listed for rent in Branxholm on OnTheHouse. According to CoreLogic's data, 7 properties were sold in the past 12 months in Branxholm.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.