Waverley at a glance
1,657
People
$525,000
Median sale
$446/wk
Median rent
4.42%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
$748,000
Last sold
27 Nov 2020
3
Bedrooms
1
Bathrooms
8
Car spaces
37,020 m²
Land
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
$748,000
27 Nov 2020 · derived via latest_sale
Local land rate: recorded House sales in Waverley (last 5 years) with land size have a median of $592/m² of land (n=53). Districts calculation from recorded sales — not a valuation.
Waverley at a glance
1,657
People
$525,000
Median sale
$446/wk
Median rent
4.42%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
Vs Waverley
+42.5%
Median sale
Suburb $525,000
-1.32 pp
Gross yield
Suburb 4.42%
Suburb median $525,000 from 5 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 $446/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
Waverley at a glance
1,657
People
$525,000
Median sale
$446/wk
Median rent
4.42%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Elders Towns ShearingThis unique property has been lovingly cared for by the original owners for over 30 years, there are so many options to choose from, one being to retire the good life, with a good income or maybe a great investment opportunity and reap a substantial income from the lot.
Breakdown is as follows.
HOME:
A lovely 1980's, low maintenance family home with 3 bedrooms, 1 bathroom, lounge complete with a wood heater and a split system, office/3rd bedroom, plus a sun-room.
Outside there are 3 separate sitting and entertaining areas- BBQ, fire pot, and a large sitting area, also there is a full-size tennis court, a one hole golf course, separate garage and carport-suitable for a Winnebago, all this is adjacent to the home and all with sweeping 180-degree views over Launceston, simply magical!
SLEEP-OUTS:
There are two in total, they are around 200 meters from the home and out of sight, both have been completely refurbished, painted inside and out, new carpets, both have their own separate power meters and water supply, both are one bedroom, with a lounge, kitchen, bathroom and toilet, plus undercover parking and tranquil bush views. Their driveways are nowhere near the home.
QUARRY AREA:
This area has its own separate driveway off Boomer Road and does not interfere with rest of the property with any noise and is totally out of site from the home. In the quarry there are 3 storage sheds 20 m x 9 m in total, that are currently rented out, also there is a huge workshop 16m x 9m with an added extra high veranda- 11m x 6m, this section was originally used for truck and heavy machinery repairs. There are two endless chain lifts, 3 phase power, a separate office, a toilet and all this is situated on around one acre of hard pan with fencing and gates.
SUMMARY:
Nine acres, all hidden away, fourteen minutes dive from Launceston's CBD, totally quiet, 180 degree elevated views across Launceston, family home, tennis court, room to park trucks, caravans, cars of any number, two self-contained sleep-outs, storage sheds, a workshop, plus all the lawns are happily mowed by the native wildlife, does not get any better than this!
Potential return; this is outsourced, as we don't have a rental department.
Home, views, tennis court, garage and carport; waiting on an appraisal. My thoughts $400 per week.
2 x cabins; were rented at $200 and $225 per week over last 7 years, now totally refurbished.
Storage shed Quarry; Currently rented 2 tenants at $230 per week.
Huge workshop with an acre of hard-pan; Local Commercial real estate, has stated $480 to $500 per week - tenant easy to find.
Call Peter today for your private viewing.
Property photos by Orbit Property Photography
Listing description written by Peter Haworth, Elders Towns Shearing — reproduced as published, not verified by Districts.