Park Grove at a glance
2,733
People
$695,000
Median sale
$418/wk
Median rent
3.13%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
TAS › Park Grove › Lorrie Pl
$1,050,000
Last sold
22 Jan 2026
4
Bedrooms
2
Bathrooms
2
Car spaces
805 m²
Land
266 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
$1,050,000
22 Jan 2026 · derived via latest_sale
Local land rate: recorded House sales in Park Grove (last 5 years) with land size have a median of $747/m² of land (n=81). Districts calculation from recorded sales — not a valuation.
Park Grove at a glance
2,733
People
$695,000
Median sale
$418/wk
Median rent
3.13%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
Vs Park Grove
+51.1%
Median sale
Suburb $695,000
-1.06 pp
Gross yield
Suburb 3.13%
Suburb median $695,000 from 21 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Burnie Local Provisions Schedule
Zone
General Residential
103.8
Jurisdiction
Burnie
Burnie, 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 · 103.8 (Burnie Local Provisions Schedule). Official parcel area about 806 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 $418/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 · 103.8 (Burnie Local Provisions Schedule). Official parcel area about 806 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 806 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
Park Grove at a glance
2,733
People
$695,000
Median sale
$418/wk
Median rent
3.13%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Elders Real Estate BurnieTucked away in a peaceful and highly desirable Park Grove enclave, 11 Lorrie Place delivers a refined blend of space, comfort, and effortless sophistication-perfectly suited to modern family living.
The home offers four beautifully proportioned bedrooms, each appointed with built-in wardrobes. The master suite is a true sanctuary, featuring a private ensuite and a walk-in wardrobe, creating a refined and functional retreat designed for comfort and privacy. A central bathroom of elegant design services the remaining bedrooms, complemented by an additional separate toilet for enhanced convenience.
Designed with both form and function in mind, the heart of the home unfolds into an expansive open-plan kitchen, dining, and living domain. This beautifully connected space is ideal for entertaining and everyday living, flowing seamlessly onto a large sun-soaked deck-an inviting setting to relax, host guests, or enjoy long afternoons in the sun.
Two separate lounge areas provide versatility and a sense of understated luxury, offering multiple spaces to unwind, entertain, or retreat in comfort.
A double garage ensures secure parking and everyday convenience, while extensive under-house storage with roller door access further enhances the home's functionality-ideal for additional storage, workshop space, or hobby use plus beautifully present lawns and gardens surround the home.
Positioned in an excellent location close to the hospital, schools, shopping, and essential amenities, this impeccably presented home represents an outstanding opportunity to secure a premium lifestyle in one of Park Grove's most sought-after locations.
DISCLAIMER: While Elders Real Estate Burnie has taken every care to verify the accuracy of the details in this advertisement, we cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters
Listing description written by Bruce Jubb, Elders Real Estate Burnie — reproduced as published, not verified by Districts.