Upper Burnie at a glance
1,959
People
$540,500
Median sale
$421/wk
Median rent
4.05%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
TAS › Upper Burnie › Colegrave Rd
$569,000
For sale
Asking
$360,000
Last sold
8 Aug 2022
4
Bedrooms
2
Bathrooms
2
Car spaces
603 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
$569,000
Asking · $944/m² of land
Last recorded sale $360,000 (8 Aug 2022).
Local land rate: recorded House sales in Upper Burnie (last 5 years) with land size have a median of $584/m² of land (n=80). Districts calculation from recorded sales — not a valuation.
Upper Burnie at a glance
1,959
People
$540,500
Median sale
$421/wk
Median rent
4.05%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Vs Upper Burnie
+5.3%
Median sale
Suburb $540,500
-0.20 pp
Gross yield
Suburb 4.05%
Suburb median $540,500 from 11 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$25,137 on top of the price (4.4% extra)
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.
Pre-filled with Upper Burnie's advertised median rent — not a rent for this listing.
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.
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 $421/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.
Gross yield if leased at the suburb aggregate is 3.8%. 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
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
Upper Burnie at a glance
1,959
People
$540,500
Median sale
$421/wk
Median rent
4.05%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Jenrew Real EstateThe contemporary feel and flow, the freshness and presentation instantly welcome a move-in ready opportunity or investors dream reality!
Beautifully painted throughout, neat floor coverings, roller blinds, and a reverse cycle air-conditioner, floor-mounted for efficiency
2 bedrooms with built-robes, perfect ensuite addition to the main bedroom for convenient family living.
Designated dining space central to the lounge room, and the kitchen space, all orientation towards to the north and west, the kitchen with surprising storage, bench space and real functionality, a great design.
A revamped stylish main bathroom, contoured bath, separate shower, up to date vanity, a timeless style and presentation for years to come.
Sliding door from dining and one from the lounge space provides the access to the wrap around decking, a warm pocket to enjoy morning coffees, entertaining friends, family gatherings or unwinding with a quiet book.
Double garage situated in the back yard provides lockable storage for the cars and extras, off-street parking for visitor parking, a well fenced and secure backyard.
A new roof, well-presented exterior and 1960 solid dependability.
Solar panels for household efficiency!
Vacant possession or with the current benefit of a house proud and careful tenant in place with the potential to negotiate mutually agreeable lease terms prior to settlement.
Call the team at Jenrew, it’s us working with you!
Additional property information:
Year Built: 1960
Council Rates: $2,123.38pa
Water Rates: $1,218.32pa + usage charges
Floor Size: 603m2 approx
Land size: 121m2 approx
Council: Burnie
DISCLAIMER: Whilst every effort has been made to ensure the accuracy and thoroughness of the information provided to you in our marketing material, we cannot guarantee the accuracy of the information provided by our Vendors or other third parties, and as such, Jenrew Real Estate makes no statement, representation, or warranty, and assumes no legal liability in relation to the accuracy of the information provided. Interested parties should conduct their own inquiries in relation to each property they are considering purchasing to determine whether this information is in fact accurate. All photographs, maps and images are representative only, for marketing purposes.
Listing description written by Jenna & Andrew Miles, Jenrew Real Estate — reproduced as published, not verified by Districts.