Scottsdale at a glance
2,480
People
$470,000
Median sale
$406/wk
Median rent
4.49%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
TAS › Scottsdale › George St
$400,000
Last sold
5 May 2022
2
Bedrooms
1
Bathrooms
2
Car spaces
1,012 m²
Land
95 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
$400,000
5 May 2022 · derived via latest_sale
Local land rate: recorded House sales in Scottsdale (last 5 years) with land size have a median of $455/m² of land (n=107). Districts calculation from recorded sales — not a valuation.
Scottsdale at a glance
2,480
People
$470,000
Median sale
$406/wk
Median rent
4.49%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
Vs Scottsdale
-14.9%
Median sale
Suburb $470,000
+0.79 pp
Gross yield
Suburb 4.49%
Suburb median $470,000 from 23 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
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 $406/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
Scottsdale at a glance
2,480
People
$470,000
Median sale
$406/wk
Median rent
4.49%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Knight Frank LauncestonYou can bank on this bank being a sound investment! Formerly a bank, this centrally located property has been completely renovated to an immaculate standard and converted into the most gorgeous 2 bedroom home. What's best is this home is positioned directly at the front of this flat, fully fenced 1012m2 block, leaving room to build your dream home or units at the rear (STCA).
The entire house has a French Provincial elegance with modern functionality, and the country style kitchen/ dining room is no exception. Featuring electric cooking, a breakfast bar, classic subway tiles, and plenty of bench space to feed the family.
The home is heated by an reverse cycle air-conditioner and an electric heater that sits in the restored fireplace and the room retains a very special remnant of its former life - the old vault door! Through to the sitting room, this versatile space could just as easily be an office or playroom.
Both bedrooms are double size and especially spacious at 5.6 mt long each. This size allows for each to be set up as a family room with several beds if the property is being rented on Airbnb.
The perfectly on trend bathroom is a mixture of modern fixtures mixed with a vintage dresser and leadlight window. Great functionality and so elegant. A shower and vanity feature in the bathroom and the toilet is located next door.
Outside you will LOVE the cottage garden, with rows of neat flowers interspersed with vegetables, you will think you have stepped into a Beatrix Potter book. Take a pot of tea on the veranda in your own private sanctuary and still watch all the hustle and bustle of the street go by. Perfection!
Scottsdale is the Services Hub of the North East of Tasmania, located 62kms from Launceston and 34Kms from Derby, home of the world-renowned mountain bike trails. Also located just 25kms from the beaches of Bridport and world class Barnbougle Dunes & Lost Farm golf courses.
This impressive home is beautifully presented, perfectly located close to schools and shops and represents a rare investment opportunity in this tightly held Scottsdale market. Rent out the front and build on the back, or just enjoy the smartest house in central Scottsdale with a fabulous big garden!
Currently rented for $325 per week on a month to month basis. Don't miss out.
Listing description written by Justin Wiggins, Knight Frank Launceston — reproduced as published, not verified by Districts.