Mowbray at a glance
4,146
People
$541,000
Median sale
$518/wk
Median rent
4.98%
Suburb gross yield
Median sale from 33 recorded sales (last 12 months) — a Districts calculation.
2
Bedrooms
1
Bathrooms
6
Car spaces
893 m²
Land
134 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Mowbray (last 5 years) with land size have a median of $724/m² of land (n=110). Districts calculation from recorded sales — not a valuation.
Mowbray at a glance
4,146
People
$541,000
Median sale
$518/wk
Median rent
4.98%
Suburb gross yield
Median sale from 33 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning scheme
Launceston Local Provisions Schedule
Zone
General Residential
120.8
Jurisdiction
Launceston
Launceston, 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 · 120.8 (Launceston Local Provisions Schedule). Official parcel area about 893 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 $518/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 · 120.8 (Launceston Local Provisions Schedule). Official parcel area about 893 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 893 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
Mowbray at a glance
4,146
People
$541,000
Median sale
$518/wk
Median rent
4.98%
Suburb gross yield
Median sale from 33 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts LauncestonWelcome to Mangin Street, nestled in the heart of Mowbray, a thriving suburb offering the perfect mix of suburban comfort and urban convenience. This beautifully maintained 2-bedroom, 1-bathroom brick-built home is a rare gem, ready to capture attention from first home buyers, savvy investors, and builders or developers looking to expand their portfolio.
Embrace the authentic charm of this home, boasting original character features consistent with its era of construction. From the captivating leadlight windows to the timeless quality brickwork that exudes craftsmanship, this property holds a unique appeal.
The inviting warmth of an enclosed wood fire awaits you during chilly nights or utilize the reverse cycle air conditioner in any season. Two generously sized bedrooms, this home offers ample space for a small family, professionals, or even a shared living arrangement with UTAS, Maritime Collage (AMC) and TAFE close by.
This property presents an incredible opportunity for those taking their first steps into the real estate market. Affordable and well-maintained, it offers a chance to secure a comfortable home in a sought-after neighbourhood without compromising on character and style. Astute investors will recognize the potential of this property to secure steady rental income due to its highly desirable location. Mowbray is known for its strong rental demand, ensuring your investment remains rewarding and provides long-term growth.
With a sizable backyard, this one holds excellent potential for expansion or development. For those with a vision to build an additional unit, seize the opportunity to maximize its potential and capitalize on the thriving real estate market in the area.
Mowbray offers a range of amenities, making it an ideal place to call home. From schools and parks, which are perfect for families, to shopping, cafes, and restaurants for dining and entertainment. The suburb is well-connected to the CBD, ensuring a hassle-free commute for work or leisure activities.
Contact us today to schedule a viewing and secure this incredible opportunity for yourself! Act fast, as properties like this do not stay on the market for long.
Rent Appraisal: Up To $390 Per Week
House size: 134m2
Land size: 893m2
Built: 1942
Rates: $1,810 p.a.
Council Zoning: Residential
Council: City Of Launceston
Heritage listed: No
**Harcourts Launceston has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate.
Listing description written by David Hernyk, Harcourts Launceston — reproduced as published, not verified by Districts.