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TAS › Ulverstone › Wadecliff Rise

1 Wadecliff Rise, Ulverstone TAS 7315

House

$500,000

Last sold

30 Mar 2026

2

Bedrooms

1

Bathrooms

3

Car spaces

771 m²

Land

104 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $500,000 (30 Mar 2026).(Recorded sale)
  • CalculationLand 771 m² against a 104 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Ulverstone (last 5 years) with land size: median $714/m² of land (n=117). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.
  • FactZoned General Residential (104.8) under the Central Coast Local Provisions Schedule.(theLIST · 1 Sept 2026)

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$500,000

30 Mar 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

$581,000

Median sale

$452/wk

Median rent

4.05%

Suburb gross yield

Median sale from 63 recorded sales (last 12 months) — a Districts calculation.

See the full Ulverstone report →

Vs Ulverstone

-13.9%

Median sale

Suburb $581,000

+0.65 pp

Gross yield

Suburb 4.05%

Suburb median $581,000 from 63 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

Central Coast Local Provisions Schedule

Zone

General Residential

104.8

Jurisdiction

Central Coast (Tas.)

Central Coast (Tas.), TAS

Planning overlays

  • Data unavailable

Development activity

Data unavailable

Source

  • Provider: theLIST
  • Dataset: Tasmanian Planning Scheme Zones
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 2291948

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$500,00030 Mar 2026
  2. Listedprice unknowncompleted3 Mar 2026
  3. Listedprice unknowncompleted3 Mar 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

TAS

Why this lot, not just this suburb

Why could this property outperform?

Confidence: medium

Zoned General Residential · 104.8 (Central Coast Local Provisions Schedule). Official parcel area about 772 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Knownmedium

    Zoned General Residential · 104.8 (Central Coast Local Provisions Schedule). Official parcel area about 772 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

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Knownmedium

    Official parcel about 772 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

    Unknown

    Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    No DA adapter returned applications for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Ulverstone in one glance

Ulverstone at a glance

6,758

People

$581,000

Median sale

$452/wk

Median rent

4.05%

Suburb gross yield

Median sale from 63 recorded sales (last 12 months) — a Districts calculation.

See the full Ulverstone report →

Keep researching

  • Why Ulverstone? Read the area thesis →
  • What else is on the market in Ulverstone →
  • Other records on Wadecliff Rise →

Listing material

Listed by Harcourts Ulverstone & Penguin

Good Bones, Great Position, Endless Possibility

The moment you pull into this quiet cul de sac, something just feels right.

Set proudly on a generous corner block in a peaceful pocket of Ulverstone, this solid brick home offers space, privacy and sweeping rural views that instantly create a sense of calm. It feels settled. Established trees frame the outlook, the surroundings feel wide open, and there's a lovely sense that life can slow down here.

Step inside and you're welcomed by a light filled living room where large windows draw in those beautiful country views. It's comfortable and spacious, with plenty of room to shape the space into something that truly reflects you. This is the kind of home where you can see the potential straight away.

Read the full description

The kitchen is practical in layout with generous cabinetry and good connection to the dining area. There's space here to cook, gather and plan what comes next. Whether you choose to refresh over time or simply enjoy it as it is, the foundation is solid and ready.

Two well sized bedrooms offer built in robes and lovely natural light, while the bathroom is neat and functional. Everything is straightforward and honest. You can move in, settle yourself, and improve at your own pace as your budget allows.

There's also the added bonus of 24 solar panels already installed, helping to keep power costs down and giving you a smart head start when it comes to everyday living expenses. It's a practical inclusion that makes real sense.

Step outside and the lifestyle really opens up. The sunny verandah is a beautiful place to sit with your morning coffee, soaking in the outlook and quiet surroundings. The fully fenced yard gives you security and room to move, whether that's for pets, a veggie patch or future landscaping plans. The separate shed is a genuine bonus too, ideal for storage, tools or weekend projects.

Location matters when you're buying your first home, and this one delivers. You're only minutes from Ulverstone's CBD, local schools, beaches and walking tracks, yet tucked away enough to enjoy genuine peace and privacy.

This is a home with good bones, a great position and plenty of scope to add value over time. A smart first step into home ownership, with room to grow and make it your own.

For more information or to book a private inspection please call the listing agent Kurt Knowles today!

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 Kurt Knowles, Harcourts Ulverstone & Penguin — reproduced as published, not verified by Districts.

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Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.