Ulverstone at a glance
6,758
People
$585,500
Median sale
$452/wk
Median rent
4.01%
Suburb gross yield
Median sale from 64 recorded sales (last 12 months) — a Districts calculation.
TAS › Ulverstone › Gollan St
$450,000
Last sold
4 Aug 2026
2
Bedrooms
1
Bathrooms
1
Car spaces
746 m²
Land
102 m²
Building
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$450,000
4 Aug 2026 · derived via latest_sale
Local land rate: recorded House sales in Ulverstone (last 5 years) with land size have a median of $714/m² of land (n=117). Districts calculation from recorded sales — not a valuation.
Ulverstone at a glance
6,758
People
$585,500
Median sale
$452/wk
Median rent
4.01%
Suburb gross yield
Median sale from 64 recorded sales (last 12 months) — a Districts calculation.
Vs Ulverstone
-23.1%
Median sale
Suburb $585,500
+1.21 pp
Gross yield
Suburb 4.01%
Suburb median $585,500 from 64 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Central Coast Local Provisions Schedule
Zone
General Business
104.15
Jurisdiction
Central Coast (Tas.)
Central Coast (Tas.), TAS
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
TASZoned General Business · 104.15 (Central Coast Local Provisions Schedule). Official parcel area about 742 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $452/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned General Business · 104.15 (Central Coast Local Provisions Schedule). Official parcel area about 742 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownmediumOfficial parcel about 742 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Ulverstone at a glance
6,758
People
$585,500
Median sale
$452/wk
Median rent
4.01%
Suburb gross yield
Median sale from 64 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts Ulverstone & PenguinPositioned right in the heart of Ulverstone's CBD, 1 Gollan Street is all about location, potential and possibility.
Set on a substantial 746m² block with General Business zoning, this property offers an incredibly rare opportunity in one of Ulverstone's most central positions. With the northern boundary adjoining the side of the Coles carpark, the exposure, convenience and future potential here are hard to ignore.
While the property includes a 1951-built two-bedroom home, the real value lies in the brilliant location and the flexibility the site provides. With an approximately 8m wide driveway between the home and the northern boundary, there are several exciting options to explore.
You may choose to renovate and extend the existing home to create a spectacular mid-century residence in a truly central location, repurpose the home for business use and utilise the rear of the block for parking, remove the home and develop townhouses, or retain the existing dwelling and build an additional townhouse at the rear, all subject to council approval.
Whether you are a developer, business owner, investor or someone with vision, this is a property that opens the door to a range of possibilities in an unbeatable CBD position.
The property will be going to auction onsite on Saturday, 1 August 2026 at 11:00am sharp. For further details or to request a copy of the auction particulars, please contact the listing agent, Wendy Squibb.
Disclaimer:
While Harcourts Ulverstone & Penguin has taken every care to verify the accuracy of the details in this advertisement, we cannot guarantee its correctness. Prospective buyers need to take such action as is necessary, to satisfy themselves of any pertinent matters.
Listing description written by Wendy Squibb, Harcourts Ulverstone & Penguin — reproduced as published, not verified by Districts.