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.
TAS › Waverley › Waverley Rd
For sale
For sale
5
Bedrooms
2
Bathrooms
5
Car spaces
17,401.483 m²
Land
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
Asking
No recorded sale price for this property yet.
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.
Planning
Planning data is being calculated
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
TASPlanning 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.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
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.
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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). 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
UnknownDevelopment applications have not been queried 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
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.
Listing material
Listed by Thomas & Associates TasmaniaOccupying a commanding position just hundreds of metres from Launceston's tightly held Elphin Road precinct, Old Waverley is a rare and evocative historic estate offering remarkable lifestyle appeal today alongside compelling future potential.
Set across approximately 1.73 hectares (4.3 acres), the property centres on a beautifully preserved homestead that retains the integrity, craftsmanship and atmosphere of its era. From the moment you arrive, the sense of place is unmistakable - wide hewn pine floorboards underfoot, soaring ceilings, generous proportions and finely detailed timber joinery speak to a time when homes were built with permanence and grace in mind.
The residence is elevated to take full advantage of its prized north-easterly orientation, capturing abundant natural light and expansive outlooks across the river toward the Launceston cityscape. These views - ever-changing with the seasons - create a rare connection between pastoral calm and urban proximity.
Formal rooms are anchored by original fireplaces, while tall windows frame garden and valley vistas. Bedrooms are generously scaled and filled with light, and the home's interiors offer both warmth and flexibility - equally suited to elegant everyday living or thoughtful future enhancement. A character-rich bathroom, complete with built-in bath and heritage detailing, further reinforces the authenticity of the home.
Surrounding the homestead is productive, gently contoured land with fertile soils and a documented history as a market garden. Established fruit trees form a traditional orchard setting, reinforcing the property's agricultural legacy and offering the opportunity for productive gardening or lifestyle self-sufficiency. A swimming pool is discreetly positioned within the grounds, adding a relaxed, resort-like element to the estate.
Complementing the residence is a series of garages, workshops, carports and ancillary outbuildings, providing substantial infrastructure to support rural living, storage, hobbies or future adaptation - all sympathetic to the scale and character of the historic setting.
Importantly, the property also presents a compelling future dimension. A development opportunity to create additional allotments in conjunction to the existing homestead parcel, offering flexibility for land-banking, staged development or long-term estate planning (STCA).
Despite its sense of seclusion, Old Waverley enjoys exceptional convenience - moments from the CBD, major schools, cafés, medical facilities and transport links. It is this unique duality - country lifestyle in a blue-chip city-edge location - that sets the property apart.
Old Waverley is more than a home. It is a generational estate of substance, history and vision - offering immediate enjoyment, strategic optionality and a level of scale and provenance seldom found so close to the heart of Launceston.
Listing description written by Thomas Baird, Thomas & Associates Tasmania — reproduced as published, not verified by Districts.