Chigwell at a glance
2,264
People
$640,000
Median sale
$504/wk
Median rent
4.10%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
$530,000
Last sold
23 Sept 2024
3
Bedrooms
1
Bathrooms
1
Car spaces
465 m²
Land
109 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
$530,000
23 Sept 2024 · derived via latest_sale
Local land rate: recorded House sales in Chigwell (last 5 years) with land size have a median of $841/m² of land (n=51). Districts calculation from recorded sales — not a valuation.
Chigwell at a glance
2,264
People
$640,000
Median sale
$504/wk
Median rent
4.10%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Vs Chigwell
-17.2%
Median sale
Suburb $640,000
+0.84 pp
Gross yield
Suburb 4.10%
Suburb median $640,000 from 15 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Glenorchy Local Provisions Schedule
Zone
General Residential
113.8
Jurisdiction
Glenorchy
Glenorchy, 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 Residential · 113.8 (Glenorchy Local Provisions Schedule). Official parcel area about 465 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 $504/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 Residential · 113.8 (Glenorchy Local Provisions Schedule). Official parcel area about 465 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?
KnownmediumNo 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
Chigwell at a glance
2,264
People
$640,000
Median sale
$504/wk
Median rent
4.10%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ripple RealtyInviting and low-maintenance, this three-bedroom property is situated in a family-friendly area close to northern suburbs amenities and only 15 minutes from central Hobart. Built by Wilson Homes in 2011, its quality construction and convenient location will appeal to a range of buyers.
Inside, you will find a layout that perfectly complements modern living. The comfortable living room with Daikin reverse cycle air conditioner leads through to a light and central kitchen with ample storage and space for dining, as well as a second reverse cycle air conditioner. From here there is access to the covered deck - an ideal spot for entertaining, informal family dining, or taking some time out to relax and admire the magnificent views that stretch across to the Derwent River, Eastern Shore, and towards Claremont.
Two of the three double bedrooms have generous built-in storage, and the superior master bedroom is full of natural light thanks to the glass sliding door to the shared deck. The family bathroom includes a vanity, separate bath and shower; there's a toilet adjacent, plus laundry facilities leading to the rear yard.
The 465 sqm block is fully fenced and provides an ideal opportunity to create an outdoor space to suit your lifestyle. Either maintain the low maintenance area as-is, or if you're an enthusiastic gardener, consider landscaping or extending the existing veggie patch - just imagine what you can achieve here! There's also a single carport and garden shed available.
As well as being only five minutes away from the many services at Glenorchy's Northgate shopping centre, there's a bus service just around the corner, and a choice of local schools. You won't need to go far for outdoor fun, with parks and playgrounds nearby and internationally renowned MONA approximately 1.5km away.
Recently tenanted for $510 per week and available for vacant possession, this outstanding property is sure to impress those starting out on their home ownership journey or looking to invest in a property with proven rental returns. Contact Mel today to find out more and arrange a viewing time.
Listing description written by Mel Shutt, Ripple Realty — reproduced as published, not verified by Districts.