Ravenswood at a glance
3,950
People
$451,000
Median sale
$402/wk
Median rent
4.64%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
TAS › Ravenswood › Wildor Cres
$430,000
Last sold
23 June 2023
3
Bedrooms
1
Bathrooms
3
Car spaces
1,103 m²
Land
123 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
$430,000
23 June 2023 · derived via latest_sale
Local land rate: recorded House sales in Ravenswood (last 5 years) with land size have a median of $529/m² of land (n=103). Districts calculation from recorded sales — not a valuation.
Ravenswood at a glance
3,950
People
$451,000
Median sale
$402/wk
Median rent
4.64%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Vs Ravenswood
-4.7%
Median sale
Suburb $451,000
+0.22 pp
Gross yield
Suburb 4.64%
Suburb median $451,000 from 15 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 $402/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
Ravenswood at a glance
3,950
People
$451,000
Median sale
$402/wk
Median rent
4.64%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Elders Towns ShearingLooking for growth and development in your next adventure, then this would have to be the perfect property at this great location, not just only as a family home with a higher resale further down the track, but as an investment development opportunity of a lifetime.
More than halfway through its renovations, this very spacious family home offers multiple living areas, three bedrooms, the main bedroom part of a recent addition is extremely large, a spacious lounge, stunning new bathroom, Daikin inverter heating and cooling, updated wiring, and a fabulous large rear under cover entertaining area.
If you're an investor looking capitalise on this property!
The home is located towards the front and left of this large block 1103m2 with ample room still left for parking inside the front boundary for the home. There is an extra wide 4.7-meter driveway on the right boundary, with the removal of an old garage, this would allow ample room for access and construction access for maybe two lovely villas behind the main home (STCA).
The extra-large, elevated rear yard behind the home was originally a market garden, and to make your life a little easier boasts two large, elevated levelled areas, ideal location for those two lovely villas. On final completion of the two units, plus the original home, all three dwellings will have sweeping views across Launceston and the Tamar Valley, privacy, plus all-day sun.
Thinking of extra income? Sell or rent all three or even a combination, and with Launceston performance in growth, population and popularity, this would be better than money just sitting in the bank.
This once in a lifetime package is located just a five-minute drive to the Launceston CBD, walking distance to shops, schools, bus stop and a supermarket.
Call Peter today for your personal inspection.
Listing description written by Peter Haworth, Elders Towns Shearing — reproduced as published, not verified by Districts.