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TAS › Ranelagh › Waggs Gully Rd

122 Waggs Gully Rd, Ranelagh TAS 7109

House

$950,000

Last sold

9 Jan 2025

3

Bedrooms

2

Bathrooms

0

Car spaces

36,100 m²

Land

128 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 $950,000 (9 Jan 2025).(Recorded sale)
  • CalculationLand 36,100 m² against a 128 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Ranelagh (last 5 years) with land size: median $596/m² of land (n=53). 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

$950,000

9 Jan 2025 · 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 Ranelagh (last 5 years) with land size have a median of $596/m² of land (n=53). Districts calculation from recorded sales — not a valuation.

Ranelagh at a glance

1,591

People

$630,000

Median sale

$484/wk

Median rent

3.99%

Suburb gross yield

Median sale from 8 recorded sales (last 12 months) — a Districts calculation.

See the full Ranelagh report →

Vs Ranelagh

+50.8%

Median sale

Suburb $630,000

-1.34 pp

Gross yield

Suburb 3.99%

Suburb median $630,000 from 8 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

202320242025$745k$950k
  • Sold (recorded)
  1. Sold$950,0009 Jan 2025
  2. Listedprice unknowncompleted17 Oct 2024
  3. Listedprice unknowncompleted17 Oct 2024
  4. Sold$745,0001 Feb 2023
  5. Listedprice unknowncompleted22 Jan 2023
  6. Listedprice unknowncompleted22 Jan 2023
  7. Soldprice unknown13 Jan 2020
  8. Listedprice unknowncompleted18 Oct 2019
  9. Listedprice unknowncompleted18 Oct 2019
  10. Soldprice unknown3 Apr 2017
  11. Listedprice unknowncompleted8 Feb 2017
  12. Listedprice unknowncompleted8 Feb 2017

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 $484/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

Ranelagh in one glance

Ranelagh at a glance

1,591

People

$630,000

Median sale

$484/wk

Median rent

3.99%

Suburb gross yield

Median sale from 8 recorded sales (last 12 months) — a Districts calculation.

See the full Ranelagh report →

Keep researching

  • Why Ranelagh? Read the area thesis →
  • What else is on the market in Ranelagh →
  • Other records on Waggs Gully Rd →

Listing material

Listed by The Property Culture

Picture Perfect

Located up a quaint country road, this property is positioned nearly at the end of the no-through-road, providing you with loads of peace. The twitter of birds, the tussle of the breeze in the trees and the faint sound of the flowing creek are all you will hear around these parts. Consisting of a total of just shy of 9 acres (3.612 ha), the majority being lovely lush forest, there is only just over an acre of cleared land, reducing what you need to maintain to a very manageable level.

The home is simply gorgeous. It is a storybook cottage style with beautiful outlook over your own pastures and forested hill. Between the home and the forest, there is a babbling brook. This is gently flowing nearly all year round. The pasture is fenced off with a gate allowing easy access down to the creek. From here there is a lot of exploring to do through your own piece of native wilderness.

As you enter the chalet, you get a sense of space with the open plan living, dining and kitchen all in one. Here there is a wood fire for those cooler months and great for setting the atmosphere. A reverse cycle air-conditioner will keep you comfortable all year round. Direct access from this area gets you onto the deck, a great spot to sit back with a good book and a cuppa.

Read the full description

Completing the ground floor is the bathroom/laundry and a bedroom, currently used as the music room. This is a great space for the home office, hobby room or could be the main bedroom should you want everything to be downstairs. Up the stairs takes you to 2 spacious bedrooms with a lovely loft feel to them due to the interesting roof lines and dormer windows.

Nearby, there is a container, great for the mower and other tools or simply good extra storage. Access under the house will provide you with a bit more storage. Out in the paddock there is the remains of a fenced in area for the veggie garden. There is so much scope here to develop the property further with fruit trees, more veggie beds and the chicken coop. Ideal as a self-sufficient property, you will love just being home here.

The main hub of the Huon Valley at Huonville is less than 10 minutes down the road where you will find all your shops and services. Hobart is a further 30 minutes over the mountain should you need to commute into the city.

Please contact us for further information or to arrange a private inspection.

Listing description written by Karl Gallienne, The Property Culture — 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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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.