Shearwater at a glance
2,105
People
$732,500
Median sale
$536/wk
Median rent
3.81%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
TAS › Shearwater › Mason Pl
$950,000
Last sold
1 June 2026
4
Bedrooms
2
Bathrooms
3
Car spaces
768 m²
Land
235 m²
Building
Districts View
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
$950,000
1 June 2026 · derived via latest_sale
Local land rate: recorded House sales in Shearwater (last 5 years) with land size have a median of $979/m² of land (n=46). Districts calculation from recorded sales — not a valuation.
Shearwater at a glance
2,105
People
$732,500
Median sale
$536/wk
Median rent
3.81%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
Vs Shearwater
+29.7%
Median sale
Suburb $732,500
-0.88 pp
Gross yield
Suburb 3.81%
Suburb median $732,500 from 18 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Latrobe Local Provisions Schedule
Zone
General Residential
119.8
Jurisdiction
Latrobe (Tas.)
Latrobe (Tas.), TAS
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
TASZoned General Residential · 119.8 (Latrobe Local Provisions Schedule). Official parcel area about 769 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.
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
No advertised rent is recorded. Suburb median rent $536/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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned General Residential · 119.8 (Latrobe Local Provisions Schedule). Official parcel area about 769 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
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?
KnownmediumOfficial parcel about 769 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
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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
Shearwater at a glance
2,105
People
$732,500
Median sale
$536/wk
Median rent
3.81%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts Ulverstone & PenguinTucked into a quiet, no-through street just a short stroll from the centre of Shearwater, this magnificent home delivers the kind of lifestyle most only dream about - space, sunshine, sophistication, and absolutely no compromise.
From the moment you step through the grand entrance, you'll feel it: this one is a cut above. Soaring 2.7-metre ceilings and extra-tall 2.4-metre doors create a beautiful sense of openness and scale. And then there's the spectacular barn door that zones off the bedrooms from the main living area, a clever and stunning design feature.
The heart of the home is a dream kitchen with sleek stone benchtops, a 90cm oven, integrated dishwasher, pull-out bin, and enough storage to make even the most passionate cook happy. The walk-in pantry is spacious, and the island bench makes a perfect breakfast spot or wine bar when friends drop by.
You'll find four generous bedrooms plus a fabulous study nook, ideal for remote work or a quiet space for the kids. The main bedroom sits at the front of the home with a gorgeous ensuite and walk-in robe, while the main bathroom includes a deep tub and separate loo. A dedicated laundry, two hallway cupboards, and great internal storage make day-to-day living beautifully functional.
Two spacious living zones give everyone room to move, a relaxed family area off the kitchen and dining, and a separate theatre room behind double doors in the centre of the home.
Other beautiful features include:
• Beautiful joinery around the main TV area for extra storage
• Dual glass sliding doors opening to the undercover patio
• Induction cooktop and pyrolytic oven
• Stunning wood heater in the open plan living area
• Fully fenced and gated in stylish crisp white timber
Step outside and you'll find the entertainer's dream - a fully enclosed alfresco space with café blinds, perfect for lounging, dining or both. It looks out over the tidy, low-maintenance yard with easy-care lawns and excellent fencing.
There's a second driveway leading to a brand new 6m x 6m powered shed at the rear - absolutely ideal for a motorhome, boat, or workshop. The main driveway, paths and alfresco are all finished in sleek exposed aggregate concrete, giving this property a polished edge from front to back.
Add in plantation shutters, quality window furnishings, loads of sunlight and thoughtful design throughout - and you've got something truly special.
We would love to show you through this fabulous home… for more information or to book a private inspection please call the listing agent Wendy Squibb today!
Disclaimer: While Harcourts Ulverstone & Penguin has taken every care to verify the accuracy of the details in this advertisement, we cannot guarantee its correctness. Prospective buyers need to take such action as is necessary, to satisfy themselves of any pertinent matters.
Listing description written by Wendy Squibb, Harcourts Ulverstone & Penguin — reproduced as published, not verified by Districts.