Sheffield at a glance
1,660
People
$494,500
Median sale
$507/wk
Median rent
5.33%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
$335,000
Last sold
1 Apr 2025
3
Bedrooms
1
Bathrooms
1
Car spaces
836 m²
Land
128 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
$335,000
1 Apr 2025 · derived via latest_sale
Local land rate: recorded House sales in Sheffield (last 5 years) with land size have a median of $414/m² of land (n=54). Districts calculation from recorded sales — not a valuation.
Sheffield at a glance
1,660
People
$494,500
Median sale
$507/wk
Median rent
5.33%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Vs Sheffield
-32.3%
Median sale
Suburb $494,500
+2.54 pp
Gross yield
Suburb 5.33%
Suburb median $494,500 from 8 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
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
TASPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $507/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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). 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
UnknownDevelopment applications have not been queried 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
Sheffield at a glance
1,660
People
$494,500
Median sale
$507/wk
Median rent
5.33%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Sushames Real EstateUnder Contract - An ideal entry level home - Circa 1969 brick veneer 3 bedroom home on 836 square metres in the heart of Sheffield. One of the appealing features is that this home is within approximately 350 to 500 metres walking distance of everything you will need for day to day life in Sheffield; schools, medical and pharmacy, supermarkets, hardware and eateries - convenience is key! This home is tenanted until March 2023 and as such offers a healthy investment opportunity, or an entry level home with returns for someone who does not require immediate access for residential use.
The home has been returned to polished timber floorboards and recently upgraded carpets in the living and bedrooms. Ambiance options are more than adequately catered for with the Jarrahdale inbuilt fan-forced wood heater and Fujitsu reverse cycle conditioning covering all seasons. The kitchen dining-room combination features Chef wall oven and cooktop with GEC rangehood. The spacious room provides options for eating at the breakfast bar or more formal option with plenty of room for family dining at the table while taking in the surrounding views from this bright, well lit room.
The three bedrooms, bathroom and laundry are accessed from the central hallway. The bathroom has separate inbuilt bath and shower options. The laundry is a spacious area and provides access to the toilet as well back yard and utility room. The back yard is fully fenced and features easy to maintain lawns and colourbond storage shed. The home is set on easy to manage moderately sloping title with pleasant views of the surrounding ranges. With a central parkland area only a couple of doors away for recreation or exercising the family dog this is an enticing and convenient location.
Local shops are nearby, a mere 3-4 minutes walk to the heart of Sheffield where all amenities and services from supermarkets, hardware, banking facilities, Service Tas, schools, hospitality and dining venues, rural supplies plus much more are available. Coastal towns and other regional centres including Devonport, Latrobe, Ulverstone, Deloraine and Launceston are all between 30 minutes and one hours drive from this enticing property.
As this home is currently tenanted, appropriate notice to view is necessary. Inspections with the agent strictly by prior appointment only.
Offers Over $280,000 invited
Sushames Real Estate trusts in the information in this document which has been sourced from means which are considered reliable. Prospective purchasers are recommended to carry out their own due diligence regarding permits, measurements, and boundary positions prior to settlement.
Inspections are strictly by appointment with agent only. Please contact Neil on 0429 331 664 for further information.
Listing description written by Neil Colbeck, Sushames Real Estate — reproduced as published, not verified by Districts.