Shearwater at a glance
2,105
People
$732,500
Median sale
$536/wk
Median rent
3.81%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
TAS › Shearwater › Lockwood St
3
Bedrooms
2
Bathrooms
1
Car spaces
724 m²
Land
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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Shearwater (last 5 years) with land size have a median of $988/m² of land (n=47). Districts calculation from recorded sales — not a valuation.
Shearwater at a glance
2,105
People
$732,500
Median sale
$536/wk
Median rent
3.81%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning scheme
Latrobe Local Provisions Schedule
Zone
General Residential
119.8
Jurisdiction
Latrobe (Tas.)
Latrobe (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 Residential · 119.8 (Latrobe Local Provisions Schedule). Official parcel area about 725 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 $536/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 · 119.8 (Latrobe Local Provisions Schedule). Official parcel area about 725 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 725 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
Shearwater at a glance
2,105
People
$732,500
Median sale
$536/wk
Median rent
3.81%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Living HereBuilt in 2022 and beautifully maintained, this modern home blends contemporary design with an easy-care lifestyle, perfectly positioned in one of Shearwater's quiet residential pockets. Set on a flat 724 m² block, it offers three bedrooms plus a study, two bathrooms and bright open-plan living that flows naturally from indoors to out. The perfect first home with room to expand with your family.
From the moment you enter, the light timber flooring and crisp colour palette create an inviting coastal feel. The sleek kitchen forms the heart of the home, featuring quality benchtops, appliances and pendant lighting and smart electric blinds. Sun-filled living and dining areas open onto a timber deck overlooking a fully fenced backyard - ideal for children, pets or entertaining with friends.
The private master suite enjoys a beautiful ensuite and walk in wardrobe, while the two additional bedrooms are serviced by a beautifully appointed main bathroom with freestanding bath and herringbone feature tiles. The separate study at the front of the home provides flexibility for working from home, hobbies or a quiet reading space.
Currently leased at $580 per week until February 2026, the home is exceptionally well cared for, providing peace of mind for investors or the opportunity for future owner-occupiers to secure their place now and move in later. With a single garage, ample parking and low-maintenance landscaping, this is a smart coastal buy that balances lifestyle, comfort and value.
*Harcourts Devonport & Shearwater have no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate. Some images may include virtual enhancements such as lighting adjustments or virtual styling. All fixed structures and permanent features remain true to the original property.
Listing description written by Cordell Richardson, Ray White Living Here — reproduced as published, not verified by Districts.