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TAS › Mowbray › Vermont Rd

119 Vermont Rd, Mowbray TAS 7248

House

$665,000

Last sold

10 Mar 2026

4

Bedrooms

2

Bathrooms

3

Car spaces

822 m²

Land

204 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 $665,000 (10 Mar 2026).(Recorded sale)
  • CalculationLand 822 m² against a 204 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Mowbray (last 5 years) with land size: median $722/m² of land (n=109). 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.
  • FactZoned General Residential (120.8) under the Launceston Local Provisions Schedule.(theLIST · 1 Sept 2026)

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. 1No 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

$665,000

10 Mar 2026 · derived via latest_sale

Local land rate: recorded House sales in Mowbray (last 5 years) with land size have a median of $722/m² of land (n=109). Districts calculation from recorded sales — not a valuation.

Mowbray at a glance

4,146

People

$541,000

Median sale

$518/wk

Median rent

4.98%

Suburb gross yield

Median sale from 33 recorded sales (last 12 months) — a Districts calculation.

See the full Mowbray report →

Vs Mowbray

+22.9%

Median sale

Suburb $541,000

-0.93 pp

Gross yield

Suburb 4.98%

Suburb median $541,000 from 33 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

Launceston Local Provisions Schedule

Zone

General Residential

120.8

Jurisdiction

Launceston

Launceston, TAS

Planning overlays

  • Data unavailable

Development activity

Data unavailable

Source

  • Provider: theLIST
  • Dataset: Tasmanian Planning Scheme Zones
  • Retrieved: 1 Sept 2026
  • Version: 1
  • Parcel: 3342217

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

  1. Sold$665,00010 Mar 2026
  2. Listedprice unknowncompleted24 Feb 2026
  3. Listedprice unknowncompleted24 Feb 2026

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?

Confidence: medium

Zoned General Residential · 120.8 (Launceston Local Provisions Schedule). Official parcel area about 822 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $518/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.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned General Residential · 120.8 (Launceston Local Provisions Schedule). Official parcel area about 822 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

    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?

    Knownmedium

    Official parcel about 822 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

    Unknown

    Flood overlay has not been queried for this lot. 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

    No DA adapter returned applications 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

Mowbray in one glance

Mowbray at a glance

4,146

People

$541,000

Median sale

$518/wk

Median rent

4.98%

Suburb gross yield

Median sale from 33 recorded sales (last 12 months) — a Districts calculation.

See the full Mowbray report →

Keep researching

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

Listing material

Listed by The Agency Northern Tasmania

Room for the Whole Family

Set in a convenient and high-demand pocket of Mowbray, this spacious and low-maintenance brick home presents an outstanding opportunity for families seeking room to grow or investors looking to secure a solid addition to their portfolio.

This solidly built residence offers four generous bedrooms, all fitted with comfortable carpet for year-round warmth. The main bedroom enjoys the added privacy and convenience of its own ensuite, heat pump and walk in wardrobe, while a central bathroom services the rest of the home with ease.

Designed with flexibility in mind, the home features two separate living zones - a large main living room ideal for family gatherings and entertaining, plus a smaller secondary living space perfect as a kids' retreat, media room, or quiet sitting area. Both areas are carpeted for comfort and practicality.

Read the full description

Step outside to a fully fenced, low-maintenance backyard - ideal for children and pets to play safely. A handy garden shed provides additional storage, while the easy-care grounds mean more time enjoying and less time maintaining. There is also a huge undercover entertaining area.

Parking is well catered for with room for at least three cars, a valuable addition for larger households or tenants.

Location is where this property truly shines. Just minutes from the Mowbray Golf Course, close to the convenient Mowbray Shopping Centre, and within easy reach of Mowbray Heights Primary School and the Senior Campus of Launceston Church Grammar School, everything your family needs is at your doorstep. Plus, you're only a 10-minute drive to the heart of Launceston CBD.

Whether you're looking to settle into a comfortable family home or secure a strong investment in a high-demand area, this property delivers space, convenience, and low-maintenance living in one appealing package.

Council Rates approx: $1930 p.a

Water Rates approx: $1200 p.a

Listing description written by Richard Bailey, The Agency Northern Tasmania — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Dishwasher
  • Fully Fenced
  • Living Areas: 2
  • Shed
  • Toilets: 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.