Park Grove at a glance
2,733
People
$695,000
Median sale
$418/wk
Median rent
3.13%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
TAS › Park Grove › Cardinal Ct
$1,100,000
For sale
Asking
3
Bedrooms
2
Bathrooms
4
Car spaces
812 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
Asking
$1,100,000
Asking · $1,355/m² of land
No recorded sale for this property.
Park Grove at a glance
2,733
People
$695,000
Median sale
$418/wk
Median rent
3.13%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
Vs Park Grove
+58.3%
Median sale
Suburb $695,000
-1.15 pp
Gross yield
Suburb 3.13%
Suburb median $695,000 from 21 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$48,642 on top of the price (4.4% extra)
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.
Pre-filled with Park Grove's advertised median rent — not a rent for this listing.
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.
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 $418/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.
Gross yield if leased at the suburb aggregate is 2.0%. 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
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
Park Grove at a glance
2,733
People
$695,000
Median sale
$418/wk
Median rent
3.13%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Elders Real Estate BurnieWelcome to something truly exceptional—an elevated luxury residence that doesn’t just offer a home, but delivers a bold statement of prestige and lifestyle. Perfectly positioned in one of Park Grove’s most tightly held and sought-after pockets, this remarkable property captures panoramic outlooks stretching across the coastline, where sweeping ocean views meet glowing sunrise skies and an ever-changing backdrop of pure natural beauty.
Designed over one expansive level, this residence offers a seamless sense of space and connection throughout, creating effortless everyday living with an undeniable sense of presence. Inside, the home features three bedrooms with built-in wardrobes, each thoughtfully positioned for comfort and privacy, along with a highly versatile additional space—perfect as a fourth bedroom, executive home office, or a creative studio, depending on your lifestyle. The home is exceptionally well serviced with two stylish bathrooms plus an additional separate toilet, ensuring convenience and functionality for families, guests, and entertaining on any scale.
At the heart of the home, both the open-plan living and dining zones are bathed in natural light and designed to maximise both space and outlook. These living zones transition seamlessly to an impressive decked alfresco, complete with a covered pavilion crafted for year-round use. Whether it’s relaxed mornings in the sun, long luxurious lunches, or evening gatherings framed by sparkling coastal views, this is an entertainer’s dream and a private sanctuary in one. The property also features large under-house storage with excellent potential, offering ample space for storage, workshop use, or future scope to further enhance and utilise the area to suit your needs.
Positioned in an elevated and highly desirable setting that also shares a boundary with Marist Regional College, the location adds rare convenience and strong lifestyle appeal for families seeking proximity to quality education and community connection.
A home of this calibre is seldom offered—combining elevation, outlook, scale, and effortless single-level living into one remarkable package. This is more than a residence; it is a statement in refined living, designed to impress, inspire, and be enjoyed for years to come.
DISCLAIMER: While Elders Real Estate Burnie has taken every care to verify the accuracy of the details in this advertisement, we cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters
Listing description written by Amy Davidson, Elders Real Estate Burnie — reproduced as published, not verified by Districts.