302 Cambridge Road, Warrane, TAS 7018 | House for sale | OnTheHouse
 
FOR SALE
Offers Over $645,000

302 Cambridge Road
Warrane TAS 7018

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 99m2
Land area: 946m2
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Develop, Invest, Prosper

Set on an expansive allotment in one of Hobart's fastest growing suburbs, this is the kind of property that buyers wait for. With a broad parcel of land, established services and exciting redevelopment potential (STCA), the opportunity here extends far beyond the existing home. Whether you're looking to build multiple dwellings, landbank for the future, or secure a prime development site close to the city, the possibilities are outstanding.
The existing three bedroom weatherboard home is largely original throughout, providing a practical holding income opportunity or a solid starting point for those wanting to renovate. With generous living spaces, a functional floorplan, ample off street parking, a large garage and workshop, plus a substantial backyard, you have the flexibility to lease it while plans are prepared, improve it over time, or make way for something entirely new.
Development opportunities of this size in established suburbs are becoming increasingly difficult to secure. Located just minutes from Hobart CBD, Eastlands Shopping Centre, schools, parks and public transport, this is a rare chance to secure a significant landholding in a high demand location where today's purchase could become tomorrow's success.
• Expansive allotment with development potential (STCA)
• Original three bedroom weatherboard home ready to renovate or lease
• Outstanding opportunity to develop, invest or landbank
• Large, level backyard with excellent future possibilities
• Separate garage, workshop and additional outbuildings
• Comfortable existing accommodation while planning your next project
• Convenient location close to schools, shops and public transport
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Property Details for 302 Cambridge Rd, Warrane

302 Cambridge Rd, Warrane is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1955. The property has a land size of 946m2 and floor size of 99m2. The place is currently for sale with Petrusma Property.

Building Type
House
Year Built
1955
Floor Size
99m2
Land Size
946m2
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About Warrane 7018

The size of Warrane is approximately 4.0 square kilometres. There are 13 parks, covering nearly 33.5% of the total area. The population of Warrane in 2016 was 2431 people. By 2021 the population was 2695 showing a population growth of 10.9% in the area during that time. The predominant age group in Warrane is 20-29 years. Households in Warrane are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Warrane work in a community and personal service occupation.In 2021, 45.30% of the homes in Warrane were owner-occupied compared with 46.00% in 2016.

Warrane has 1,180 properties. Over the last 5 years, Houses in Warrane have seen a 39.44% increase in median value, while Units have seen a 22.54% increase. As at 31 May 2026:

  • The median value for Houses in Warrane is $659,324 while the median value for Units is $626,923.
  • Houses have a median rent of $550 while Units have a median rent of $550.
There are currently 2 properties listed for sale, and 5 properties listed for rent in Warrane on OnTheHouse. According to Cotality's data, 58 properties were sold in the past 12 months in Warrane.

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Jake Towns
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Petrusma Property
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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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