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TAS › Cygnet › Lymington Rd

118 Lymington Rd, Cygnet TAS 7112

House

$905,000

Last sold

20 May 2020

2

Bedrooms

2

Bathrooms

2

Car spaces

7,626 m²

Land

184 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $905,000 (20 May 2020).(Recorded sale)
  • CalculationLand 7,626 m² against a 184 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Cygnet (last 5 years) with land size: median $656/m² of land (n=42). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$905,000

20 May 2020 · derived via latest_sale

Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.

Local land rate: recorded House sales in Cygnet (last 5 years) with land size have a median of $656/m² of land (n=42). Districts calculation from recorded sales — not a valuation.

Cygnet at a glance

1,939

People

$778,000

Median sale

$460/wk

Median rent

3.07%

Suburb gross yield

Median sale from 17 recorded sales (last 12 months) — a Districts calculation.

See the full Cygnet report →

Vs Cygnet

+16.3%

Median sale

Suburb $778,000

-0.43 pp

Gross yield

Suburb 3.07%

Suburb median $778,000 from 17 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

20192020$725k$905k
  • Sold (recorded)
  1. Sold$905,00020 May 2020
  2. Listedprice unknowncompleted14 May 2020
  3. Listedprice unknowncompleted14 May 2020
  4. Sold$725,00026 Feb 2019
  5. Listedprice unknowncompleted3 Jan 2019
  6. Listedprice unknowncompleted3 Jan 2019

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

TAS

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $460/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Cygnet in one glance

Cygnet at a glance

1,939

People

$778,000

Median sale

$460/wk

Median rent

3.07%

Suburb gross yield

Median sale from 17 recorded sales (last 12 months) — a Districts calculation.

See the full Cygnet report →

Keep researching

  • Why Cygnet? Read the area thesis →
  • What else is on the market in Cygnet →
  • Other records on Lymington Rd →

Listing material

Listed by Harcourts Huon Valley

Converted Barn on Acres

On approach from the street this home is very private, but on driving through the quaint picket gates the grounds open up to reveal a spacious, classic country garden which encompasses a beautifully converted apple barn originally built in 1891. This home has buckets of character. The land stretches to nearly two acres and includes a lovely creek boundary.

The interior of the home has a casual, relaxed aesthetic with atrium windows running the length of the living areas, the result is a light drenched living space that gently eases visitors into the heart of the home.

This generous room serves many purposes and the layout and size is flexible enough to suit any need. The poured concrete floor throughout this area is wonderfully cool on a hot summers day, but has underfloor heating to keep things cozy on winter nights.

Read the full description

The kitchen is centred around the principles of simplicity and harmony. The large island bench has space to prepare food, sit and eat and provides shelves for storage. There are two options for cooking, the burgundy Savoir­-Faire dual fuel 900mm enamelled gas range and the wood fired bakers oven. An enviable butlers sink rounds out the offering in this hand crafted, true 'Country Kitchen'.

The master suite delivers instant impact with its vaulted timber lined ceilings and capaciousness, at a grand 6.8mx3.4m there is space enough for a sitting area as well as a large bed. The en-suite is compact but beautifully finished with period style tapware.

A guest bedroom rounds out the sleeping accommodation and is just off a second sitting/reading area, which could be converted into a WIR/dressing area or a third bedroom. This area is serviced by the main bathroom with a very generous soaking tub.

There is also plenty of potential with an unfinished loft space which just needs lining and floor coverings and could be a great bonus to the interior of the home.

Outside there is a fantastic chicken house which back onto a fenced run filled with fruit trees of all kinds; pears, apples, cherries and a beautiful old greengage. Springtime brings a multitude of spectacular bulbs. As well a historic smokehouse which serves as the garden shed currently, a wonderful feature to add to the atmosphere of the established gardens.

The wraparound verandahs are fully lined and provide a superb outlook toward the yacht club and over the bay, along with more intimate spaces overlooking the charming gardens. At days end there are multiple places to relax and take in the views, or enjoy a glass of wine.

Just 10 minutes walk along the foreshore to the town of Cygnet, a thriving community with all the services of a small country town including doctors, cafes, a bank and schools. Over the years Cygnet has attracted many artists and creatives, which gives the town an eclectic flair and it's only 45 min to Hobart.

If you are ready to escape the city and enjoy growing your own organic fruit and veggies then don't miss this opportunity, call or email me anytime for an inspection.

Rates $2,100 approx p.a

Listing description written by Melanie Thayer, Harcourts Huon Valley — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Ensuites: 1
  • Fully Fenced
  • Living Areas: 1
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.