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TAS › Bridport › Henry St

12 Henry St, Bridport TAS 7262

For saleHouse

$420,000

For sale

Asking

$625,000

Last sold

17 June 2023

4

Bedrooms

1

Bathrooms

0

Car spaces

1,396 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $420,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $420,000(Listing record · 20 Apr 2024)
  • CalculationLand 1,396 m² against a 122 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Bridport (last 5 years) with land size: median $762/m² of land (n=65). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 35% below the Bridport median recorded sale ($650,000, n=23, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Bridport's advertised median rent ($406/wk), implied gross yield would be 5.03% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$420,000

Asking · $301/m² of land

Last recorded sale $625,000 (17 June 2023).

Local land rate: recorded House sales in Bridport (last 5 years) with land size have a median of $762/m² of land (n=65). Districts calculation from recorded sales — not a valuation.

Bridport at a glance

1,884

People

$650,000

Median sale

$406/wk

Median rent

3.25%

Suburb gross yield

Median sale from 23 recorded sales (last 12 months) — a Districts calculation.

See the full Bridport report →

Vs Bridport

-35.4%

Median sale

Suburb $650,000

+1.78 pp

Gross yield

Suburb 3.25%

Suburb median $650,000 from 23 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$420,000
Stamp Duty (Tasmania)
$14,848
Transfer/Registration Fee
$257
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$438,805

$18,805 on top of the price (4.5% extra)

  • Stamp Duty (Tasmania)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Tasmania schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Bridport's advertised median rent — not a rent for this listing.

Net yield
3.53%
Annual cashflow (pre-tax)
$-7,028
Interest cover (DSCR)
0.68
Annual rent
$21,112
Operating expenses
$6,300
Loan amount
$336,000
Annual interest
$21,840
Gross yield
5.03%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

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

20232024$625k$420k
  • Sold (recorded)
  • Asking price (not a sale)
  1. Listed$420,000available20 Apr 2024
  2. Sold$625,00017 June 2023
  3. Listedprice unknowncompleted23 May 2023
  4. Listedprice unknowncompleted23 May 2023

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 $406/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

Gross yield if leased at the suburb aggregate is 5.0%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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

Bridport in one glance

Bridport at a glance

1,884

People

$650,000

Median sale

$406/wk

Median rent

3.25%

Suburb gross yield

Median sale from 23 recorded sales (last 12 months) — a Districts calculation.

See the full Bridport report →

Keep researching

  • Why Bridport? Read the area thesis →
  • What else is on the market in Bridport →
  • Other records on Henry St →

Listing material

Listed by Water/House Real Estate

12 Henry Street, Bridport, Tasmania - Renovator's Dream with Ocean Views!

*4 Bedrooms | Sunroom | Office | Ocean Views | Walk to Shops & Beaches

This is a rare opportunity to secure a renovator's dream in the heart of beautiful Bridport-just a short walk from the vibrant local shopping street and the stunning beaches. Located at 12 Henry Street, this home offers a fantastic foundation for someone with vision, style, and a passion for renovation.

Key Features:

Read the full description

4 Spacious Bedrooms - Plenty of room for the whole family or guests.

Sunroom - A bright and airy space, perfect for relaxing and enjoying the natural light.

Office - Ideal for a home office or study, offering peace and privacy.

Ocean Views - Enjoy the calming sight of the coastline from your own home.

Prime Location:

Just 2 minutes walk to the local shopping street with cafes, shops, and amenities.

Only 5 minutes to the beach and parks-perfect for beach lovers and outdoor enthusiasts.

This property offers endless potential with its solid structure and sought-after location. Whether you're looking to renovate and create your dream home or invest in a fantastic opportunity by the sea, 12 Henry Street is the perfect place to start.

Contact us today to arrange an inspection and see the potential of this coastal gem!

Listing description written by Jodie Faulkner, Water/House Real Estate — reproduced as published, not verified by Districts.

Districts

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

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