West Launceston at a glance
4,336
People
$705,000
Median sale
$527/wk
Median rent
3.89%
Suburb gross yield
Median sale from 41 recorded sales (last 12 months) — a Districts calculation.
TAS › West Launceston › Esther St
$716,500
Last sold
5 July 2024
3
Bedrooms
2
Bathrooms
2
Car spaces
450 m²
Land
147 m²
Building
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
$716,500
5 July 2024 · derived via latest_sale
Local land rate: recorded House sales in West Launceston (last 5 years) with land size have a median of $861/m² of land (n=106). Districts calculation from recorded sales — not a valuation.
West Launceston at a glance
4,336
People
$705,000
Median sale
$527/wk
Median rent
3.89%
Suburb gross yield
Median sale from 41 recorded sales (last 12 months) — a Districts calculation.
Vs West Launceston
+1.6%
Median sale
Suburb $705,000
-0.07 pp
Gross yield
Suburb 3.89%
Suburb median $705,000 from 41 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 $527/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
West Launceston at a glance
4,336
People
$705,000
Median sale
$527/wk
Median rent
3.89%
Suburb gross yield
Median sale from 41 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Living Here InvermayLocated within one of West Launceston's most desirable streets, a short walk from the Launceston CBD, this property impeccably merges the charm of its 1920's heritage with the comfort and practicality of its modern, high-end renovation.
Entry via the covered porch through stained glass doors immediately imparts the cosy feel this property offers. Comprising three spacious bedrooms, the master suite offers a walk-in robe and ensuite bathroom. Underfloor heating and high quality fittings and cabinetry are demonstrations of the effort and consideration that has been put into the restoration of this property.
The secondary bedrooms are both of good size. All bedrooms benefit from incredible light and sun through oversized sash windows. Further down the hall, the central bathroom features underfloor heating, a separate freestanding bath, and a walk-in shower. Well considered design choices have made for impressive utilisation, hidden behind bi-fold doors within the bathroom, a European laundry provides ample storage.
Extending on from the walls of the original cottage, the modern addition has been designed to feel spacious while retaining the coziness of the original structure. The kitchen offers abundant storage, its contemporary design provides seamless contrast between the old and new through neutral colour choices and sleek contemporary finishings.
The raked ceiling and stacking doors, which stack completely into the wall cavity, seamlessly blend the north facing, indoor and outdoor entertaining spaces. Here, established, low-maintenance gardens with blossoming cherry trees, bulbs, plums and more provide privacy from neighboring properties.
Cosy wood fire heating with a thermostatically controlled heat transfer system keeps the whole house toasty in the cooler months and is supplemented by a reverse cycle heat pump.
Ample storage is available, including a spacious linen closet and internal wood storage with external access. Additional storage is provided under the house and to the rear within the garden shed. The side of the house offers multiple off-street parking options and convenient access into the rear of the home through the lockable roller door.
The thoughtful design choices made in this renovation are truly commendable, reflecting the care and love of its current owners. Opportunities like this are rare, contact Lochie today to register your interest.
Listing description written by Lochie Reid, Ray White Living Here Invermay — reproduced as published, not verified by Districts.