East Launceston at a glance
2,199
People
$880,000
Median sale
$571/wk
Median rent
3.37%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
TAS › East Launceston › Ashby St
$1,050,000
Last sold
5 Apr 2022
4
Bedrooms
3
Bathrooms
2
Car spaces
781 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
$1,050,000
5 Apr 2022 · derived via latest_sale
Local land rate: recorded House sales in East Launceston (last 5 years) with land size have a median of $1,436/m² of land (n=54). Districts calculation from recorded sales — not a valuation.
East Launceston at a glance
2,199
People
$880,000
Median sale
$571/wk
Median rent
3.37%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Vs East Launceston
+19.3%
Median sale
Suburb $880,000
-0.54 pp
Gross yield
Suburb 3.37%
Suburb median $880,000 from 15 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 $571/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
East Launceston at a glance
2,199
People
$880,000
Median sale
$571/wk
Median rent
3.37%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by The Agency | Tasmania RentalsLocated in a private, leafy street in the heart of Launceston's most sought after suburb East Launceston this home is walking distance to the CBD, Launceston General Hospital, cafes, parklands and leading public and private schools.
Set on the top side of the split level street the home boasts a great street appeal and capitalises on the amazing views across East Launceston to the mountains.
The home has been beautifully renovated throughout whilst maintaining its original period features such as high ceilings, leadlight windows and ceiling roses creating an elegant and timeless style.
The flexible floorplan allows for comfortable family living or a high return duel income investment. Comprising of 4 bedrooms, all generous in size and master with ensuite. The versatile second living is well positioned and could be utilised as a 5th bedroom. The open plan kitchen and dining boasts great natural light and flows out onto the North/West facing paved outdoor entertaining courtyard. Upstairs features a gorgeous sunroom connecting out onto the North East facing balcony boasting picturesque views. The three bathrooms have all been updated and the main features a freestanding bath. The home also incudes a double car port and extra secure off-street car spaces. Extra features include: Radiant heaters, panel heaters, under floor heating in all three bathrooms, NBN connection and garden shed.
Set on over 780m2 of land this home has enough room for the family but the well thought out landscaping allows for low maintenance living. The home boasts beautiful established gardens and the rear yard is fully fenced perfect for children and pets.
With a rental estimate of $1,000 per week and proven successful rental history makes this a desirable investment in a high demand suburb.
This is a very rare opportunity to secure a quality character home in a tightly held pocket. If you would like more information please contact us today.
Listing description written by George Bushby, The Agency | Tasmania Rentals — reproduced as published, not verified by Districts.