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TAS › Westbury › King St

137 King St, Westbury TAS 7303

For saleHouse for Sale

$795,000

For sale

Asking

4

Bedrooms

2

Bathrooms

3

Car spaces

1,431 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $795,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $795,000(Listing record · 30 June 2026)
  • FactLand 1,431 m²; no building size recorded.(Property record)
  • CalculationAsk is 39% above the Westbury median recorded sale ($570,000, n=45, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Westbury's advertised median rent ($486/wk), implied gross yield would be 3.18% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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

$795,000

Asking · $556/m² of land

No recorded sale for this property.

Westbury at a glance

2,609

People

$570,000

Median sale

$486/wk

Median rent

4.43%

Suburb gross yield

Median sale from 45 recorded sales (last 12 months) — a Districts calculation.

See the full Westbury report →

Vs Westbury

+39.5%

Median sale

Suburb $570,000

-1.25 pp

Gross yield

Suburb 4.43%

Suburb median $570,000 from 45 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$795,000
Stamp Duty (Tasmania)
$30,960
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
$829,917

$34,917 on top of the price (4.4% 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 Westbury's advertised median rent — not a rent for this listing.

Net yield
1.68%
Annual cashflow (pre-tax)
$-27,993
Interest cover (DSCR)
0.32
Annual rent
$25,272
Operating expenses
$11,925
Loan amount
$636,000
Annual interest
$41,340
Gross yield
3.18%

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

  1. Listed$795,000available30 June 2026

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 $486/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 3.2%. 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

Westbury in one glance

Westbury at a glance

2,609

People

$570,000

Median sale

$486/wk

Median rent

4.43%

Suburb gross yield

Median sale from 45 recorded sales (last 12 months) — a Districts calculation.

See the full Westbury report →

Keep researching

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

Listing material

Listed by Harrison Agents Launceston

A Home Filled with Warmth, Character & Opportunity!

Behind its charming character façade and inviting front veranda, 137 King Street is a home that immediately feels welcoming from the moment you step through the front door.

Positioned proudly with strong street presence in one of Westbury's most desirable streets, this residence blends warmth, functionality and lifestyle, creating a property that will appeal to a wide range of buyers.

A central hallway guides you through the home before opening into the heart of the residence, a spacious open-plan living, dining and kitchen zone designed for everyday living and entertaining alike. A stunning wood fire creates a cosy atmosphere throughout the cooler months, while the added comfort of air conditioning ensures year round enjoyment.

Read the full description

The kitchen is perfectly positioned to overlook the beautifully landscaped backyard and offers an abundance of cabinetry, generous bench space, an electric cooktop, oven and rangehood. A separate laundry and additional pantry storage provide practicality, with direct access through to the backyard.

The dining and living spaces flow seamlessly together, with soft carpet underfoot and a welcoming ambience that makes this area the true hub of the home. Sliding doors extend the living outdoors to a fantastic undercover entertaining deck, complete with roll-down blinds that allow the space to be enjoyed comfortably through every season.

Accommodation is flexible, offering four bedrooms or the opportunity to utilise one as a second living area if desired. Two bedrooms are complemented by updated ensuites, while the main bathroom enjoys dual access and a seperate toilet, making it convenient for both family living and visiting guests.

Adding even more versatility is an additional room that could serve as a home office, quiet sitting room, hobby space or simply a blank canvas to suit your needs. The home also benefits from a heat transfer system and solar panels, providing both comfort and efficiency.

Outside, the lifestyle offering continues. The enclosed and undercover entertaining area creates a wonderful extension of the home, while established gardens provide a peaceful setting to relax and unwind. Raised vegetable beds, fruit trees and a chicken run offer the chance to embrace a more sustainable lifestyle and enjoy fresh produce straight from your own backyard.

One of the property's most unique features is its direct connection to the recreation ground behind. A well-positioned gate provides easy access to the park, creating the perfect extension of the backyard for families, children and pets to enjoy.

Parking is well catered for with a double garage, single carport and additional off street parking spaces, ensuring there is room for vehicles, trailers and guests alike.

Set on a generous allotment, the property presents exciting future potential, with a previous proposal having explored a two-lot subdivision opportunity (STCA).

Located within the peaceful and historic township of Westbury, this home places local amenities, schools, cafes and picturesque surrounds within easy reach while maintaining the relaxed lifestyle the area is renowned for.

137 King Street is more than just a property, it's a place where family gatherings, quiet mornings, backyard adventures and lasting memories are waiting to be made.

Rental Appraisal: $660-$680 per week.

The information on this website has in part been supplied to Harrison Agents Launceston by third parties and all information is published solely for potential purchasers to assist them in deciding whether or not they wish to make further enquiries about the properties. Harrison Agents Launceston has not checked the accuracy of the information and does no more than pass it on.

Listing description written by Josh Schaeche, Harrison Agents Launceston — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Ensuites: 1
  • Floorboards
  • Fully Fenced
  • Living Areas: 1
  • Outdoor Entertaining
  • Reverse Cycle Aircon
  • Secure Parking
  • Solar Panels
  • Study
  • Toilets: 2
Districts

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

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