DeskVal
The independent second opinion
Independent Price Check · Snapshot
29 Bowman Drive
Penguin, Tasmania 7316
Reference DeskVal-DAR-2026-0619-v2 · SAMPLE · Prepared 19 June 2026
Prepared for
A private purchaser
Prospective purchaser
Confidential — illustrative sample
Verdict — is the $1,100,000 asking price fair?
At fair value — the $1.1M ask sits ~$25,000 below the evidence-led mid of $1,125,000.
Modestly favourable for a buyer if due diligence is clean — but not a bargain. The upper asking guide of $1,295,000 is clearly above the evidence and not supported.
Assessed indicative value range (AUD)
Mid · evidence-led
$1,125,000
Property type4-bed established, coastal views
Land area881 m² (advertised)
Asking price$1,100,000
Evidence-led Mid$1,125,000
Top comparable sales
| Address | Beds | Sold | Price |
|---|
| 21 Bowman Drive, Penguin | 4 | May 2025 | $1,400,000 |
| 191 Upper Maud St, W. Ulverstone | 4 | 2025 | $1,145,000 |
| 41 Bowman Drive, Penguin | 3 | Jul 2023 | $900,000 |
| 109A South Road, Penguin | 4 | 2025 | ~$850,000 |
Free-stack public evidence (REA, Domain, OldListings, PropertyValue). 21 Bowman Drive — same street, same config — is the strongest reference; settlement confirmed via Domain.
The single key swing factor — floor area
The assessment hinges on one unverified number: the
~327 m² floor area taken from the listing (not independently verified; listings routinely include the garage and alfresco). If the true conditioned area is
275–290 m², the evidence-led Mid moves down toward $1,050,000–$1,080,000 and the $1.1M ask is at the top of fair value. If it is
310 m² or more, $1.1M is comfortably supportable. Confirming the floor area from the building permit before offering is the one step that most tightens this view.
This is the snapshot tier. The Full Desktop Report ($249) adds the comparable-sales analysis, methodology and risk register; Negotiation Support ($349) adds offer strategy.
Indicative price opinion — desktop assessment. Not a valuation. Not a registered valuation.
This document is not a valuation under the Land Valuers Act 2001 (Tas). No registered valuer has produced or signed it. It relies on publicly available information only, with no physical inspection, and must not be relied upon for financing, taxation, statutory, legal or transactional purposes. General information only — not personal financial product advice. Prepared by DeskVal · get@deskval.com.au. Published as an illustrative sample with the buyer's permission; agent and client details removed.
Prepared by DeskVal
get@deskval.com.au · 19 June 2026 · Illustrative sample · Reference DeskVal-DAR-2026-0619-v2