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TAS › St Helens › Penelope St

15 Penelope St, St Helens TAS 7216

For saleHouse for Sale

$760,000

For sale

Asking

2

Bedrooms

2

Bathrooms

5

Car spaces

785 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $760,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $760,000(Listing record · 3 Aug 2026)
  • FactLand 785 m²; no building size recorded.(Property record)
  • CalculationAsk is 47% above the St Helens median recorded sale ($518,500, n=19, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at St Helens's advertised median rent ($409/wk), implied gross yield would be 2.80% — 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

$760,000

Asking · $968/m² of land

No recorded sale for this property.

St Helens at a glance

2,479

People

$518,500

Median sale

$409/wk

Median rent

4.10%

Suburb gross yield

Median sale from 19 recorded sales (last 12 months) — a Districts calculation.

See the full St Helens report →

Vs St Helens

+46.6%

Median sale

Suburb $518,500

-1.30 pp

Gross yield

Suburb 4.10%

Suburb median $518,500 from 19 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$760,000
Stamp Duty (Tasmania)
$29,385
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
$793,342

$33,342 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 St Helens's advertised median rent — not a rent for this listing.

Net yield
1.30%
Annual cashflow (pre-tax)
$-29,652
Interest cover (DSCR)
0.25
Annual rent
$21,268
Operating expenses
$11,400
Loan amount
$608,000
Annual interest
$39,520
Gross yield
2.80%

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$760,000available3 Aug 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 $409/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 2.8%. 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

St Helens in one glance

St Helens at a glance

2,479

People

$518,500

Median sale

$409/wk

Median rent

4.10%

Suburb gross yield

Median sale from 19 recorded sales (last 12 months) — a Districts calculation.

See the full St Helens report →

Keep researching

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

Listing material

Listed by Key2 Property

More Than Meets the Eye

From the street, this beautifully presented home gives very little away. Step inside and you'll quickly discover a property that has been designed for comfortable living, effortless entertaining and incredible versatility.

Positioned to capture the cooling St. Helens Bay breezes, the home enjoys an elevated setting with light-filled living spaces that are both practical and impeccably maintained.

The kitchen is the heart of the home, offering generous bench space for meal preparation, excellent storage and a large corner pantry that keeps everything within easy reach.

Read the full description

Both bedrooms include built-in wardrobes with sliding doors, while the spacious bathroom is complemented by a separate toilet. A second powder room beside the laundry adds everyday convenience.

Then there's the deck...

Crafted from beautiful Jarrah timber and finished with glass balustrades, this enormous outdoor entertaining area is where you'll spend countless afternoons and evenings. Whether it's family barbecues, entertaining friends or simply watching another spectacular sunset, this is a space you'll never tire of.

But the surprises don't end there.

The separate garage opens the door to so many possibilities. Workshop, studio, games room, home gym, hobby room or the ultimate teenager's retreat—the choice is yours. With an additional shower and third toilet located nearby in the expansive under-house area, it's a setup that offers genuine flexibility for growing families or visiting guests.

Storage is another standout feature. The under-house storage area is enormous and will easily accommodate everything from tools and camping gear to bikes and those items every family seems to accumulate.

Parking is equally impressive, off street for 5 cars, with undercover space for three vehicles. The double carport features seasonal blinds, allowing it to double as yet another entertaining area when family and friends come together.

Outside, the level backyard has been intentionally kept low maintenance, leaving you with a blank canvas to create exactly what you want—a garden, extra shedding, a fire pit or simply room for children and pets to enjoy.

All of this is located just four minutes from the St. Helens shopping hub, giving you the perfect balance of peaceful living and everyday convenience.

Practical. Flexible. Immaculately presented. A home that offers far more than first meets the eye.

Features;

• Land Approx. 785m²

• Built approximately 2000

• Living Approx. 124m2

• Council Rates: Approx. $388 per quarter

• Water Rates: Approx. $330 per quarter

• Power: Approx. $440 per quarter

• Estimated Rental Return: Approx. $520.00 per week

• Electric Heating wall unit in the lounge

• Expansive Jarrah timber entertaining deck with glass balustrades

• Separate garage ideal as a workshop, studio, games room, home gym or teenager's retreat

• Additional shower and third toilet in the under-house area

• Huge under-house storage area

• Double carport with lined ceiling, Italian tiled floor and outdoor blinds

• Off-street parking for 5 vehicles plus boat and trailer

• Wall and ceiling batt insulation

• Outdoor shower—ideal for rinsing off after a day at the beach or working in the garden.

Distance;

• Approx. 2km to St. Helens IGA Shopping Centre and Marina

• Approx. 163km to Launceston

• Approx. 253km to Hobart

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 Nigel Smith, Key2 Property — 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.