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TAS › Waverley › Bunbury St

15 Bunbury St, Waverley TAS 7250

House

2

Bedrooms

1

Bathrooms

0

Car spaces

556 m²

Land

77 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • CalculationLand 556 m² against a 77 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Waverley (last 5 years) with land size: median $592/m² of land (n=53). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.
  • FactZoned General Residential (120.8) under the Launceston Local Provisions Schedule.(theLIST · 31 Aug 2026)

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. 1No 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

What this lot has actually traded at

Last sold

No recorded sale price for this property yet.

Local land rate: recorded House sales in Waverley (last 5 years) with land size have a median of $592/m² of land (n=53). Districts calculation from recorded sales — not a valuation.

Waverley at a glance

1,657

People

$525,000

Median sale

$446/wk

Median rent

4.42%

Suburb gross yield

Median sale from 5 recorded sales (last 12 months) — a Districts calculation.

See the full Waverley report →

Planning

Planning and development

Planning scheme

Launceston Local Provisions Schedule

Zone

General Residential

120.8

Jurisdiction

Launceston

Launceston, TAS

Planning overlays

  • Data unavailable

Development activity

Data unavailable

Source

  • Provider: theLIST
  • Dataset: Tasmanian Planning Scheme Zones
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 6915295

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. Soldprice unknown30 Aug 2022
  2. Listedprice unknowncompleted11 Aug 2022
  3. Listedprice unknowncompleted11 Aug 2022
  4. Soldprice unknown23 Aug 2021
  5. Listedprice unknowncompleted15 July 2021
  6. Listedprice unknowncompleted15 July 2021

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?

Confidence: medium

Zoned General Residential · 120.8 (Launceston Local Provisions Schedule). Official parcel area about 558 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $446/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

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

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.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned General Residential · 120.8 (Launceston Local Provisions Schedule). Official parcel area about 558 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

    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?

    Knownmedium

    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

    Unknown

    Flood overlay has not been queried for this lot. 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

    No DA adapter returned applications 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

Waverley in one glance

Waverley at a glance

1,657

People

$525,000

Median sale

$446/wk

Median rent

4.42%

Suburb gross yield

Median sale from 5 recorded sales (last 12 months) — a Districts calculation.

See the full Waverley report →

Keep researching

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

Listing material

Listed by Ray White Living Here Invermay

Cosy City Cottage

Be welcomed home by the entry of polished floorboards and then flowing throughout. The nice, bright, and airy, 2 bed cottage is warmed (cooled) by reverse cycle air in the lounge

Immaculately maintained interior by the tenant who is very house proud and would love to continue living here

Nice tidy bathroom with separate toilet, separate laundry. Ramp to the rear door aids with access. The kitchen overlooks the large yard with plenty of green grass, garden storage shed and the tall poplar trees bordering the back fence. Freshly painted roof and aluminum windows liven the exterior. Plenty of area to park the cars / motorhome / boat

Read the full description

Only 3 minutes' walk to the beautiful and calming Waverley Lake Park and Waverley Primary School is also in this same street. Only 10 minutes in each direction to Launceston CBD, Kings meadow Shopping precinct and Mowbray Shopping precinct. Also, on the 121/122 bus route!

A great entry priced home or for the investor

current rental appraisal $290-$310/week.

Enjoyable, relaxed living in this cosy, city cottage

Features

* Two Bedroom

* Timber flooring through out

* Bathroom with shower separate toilet

* Reverse cycle air-conditioner

* Fully fenced yard

* Built in1959

Offers over $ 299k

Open home this saturday 3th of august 10 15 to 10 45

Listing description written by Terri Reynolds, Ray White Living Here Invermay — reproduced as published, not verified by Districts.

Districts

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

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.