Ravenswood at a glance
3,950
People
$451,000
Median sale
$402/wk
Median rent
4.64%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
TAS › Ravenswood › Ravenswood Rd
$495,000
Last sold
15 Apr 2025
4
Bedrooms
1
Bathrooms
2
Car spaces
878 m²
Land
290 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
$495,000
15 Apr 2025 · derived via latest_sale
Local land rate: recorded House sales in Ravenswood (last 5 years) with land size have a median of $526/m² of land (n=103). Districts calculation from recorded sales — not a valuation.
Ravenswood at a glance
3,950
People
$451,000
Median sale
$402/wk
Median rent
4.64%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Vs Ravenswood
+9.8%
Median sale
Suburb $451,000
-0.42 pp
Gross yield
Suburb 4.64%
Suburb median $451,000 from 15 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
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 880 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 $402/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 880 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 880 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
Ravenswood at a glance
3,950
People
$451,000
Median sale
$402/wk
Median rent
4.64%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Key2 PropertyHome to four generations of the same family since it was built in 1960, 145 Ravenswood Road is situated in old Ravenswood, overlooking Distillery Creek and the North Esk River. Solidly built and recently upgraded, this home offers space and flexibility for the discerning buyer.
The most recent upgrades to this property include a new kitchen featuring a classic colour scheme with grey tiling and an abundance of cupboards and bench space, (as well as the spacious laundry adjacent with yard access), flowing through to dining which features a new large window showcasing the view. The home is freshly painted inside and out, with the addition of new carpets and blinds there’s really nothing to do but move in and enjoy.
The cosy lounge room is home to the first of two heat pumps, (the other located in the master bedroom) ensuring year-round comfort. All four bedrooms are comfortable in size, two have built-in robes and the real stand-out area is additional parents retreat or perhaps a studio space which includes an additional toilet.
The well maintained tiered rear yard is landscaped with multiple levels to entertain. Outdoor improvements include a new roof as well as new Colorbond fencing around the entire property, ensuring privacy. The backyard is fully fenced and gated, making it child- and pet-friendly. The house and the double length garage have been rewired in recent times. The garage also includes two additional storage areas.
Set on a spacious 878m2 approx block, with plenty of space for parking, (it also features a turning circle for even easier access in and out of the property) and situated just a few minutes’ drive to all your shopping needs in the Newstead precinct and an array of schools, this versatile home is worth inspection!
Council rates: $456p/q approx.
Water rates: $370p/q approx.
Building size: 290m2 approx.
Land size: 878m2 approx.
Year built: 1960
Rental Estimate: $$470 - $490 per week
Key2 Property have obtained all information in the document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
Listing description written by Ananda & Kate, Key2 Property — reproduced as published, not verified by Districts.