Park Grove at a glance
2,733
People
$695,000
Median sale
$418/wk
Median rent
3.13%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
TAS › Park Grove › Mills Rd
$740,000
Last sold
5 Nov 2024
4
Bedrooms
2
Bathrooms
4
Car spaces
1,047 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
$740,000
5 Nov 2024 · derived via latest_sale
Local land rate: recorded House sales in Park Grove (last 5 years) with land size have a median of $754/m² of land (n=81). Districts calculation from recorded sales — not a valuation.
Park Grove at a glance
2,733
People
$695,000
Median sale
$418/wk
Median rent
3.13%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
Vs Park Grove
+6.5%
Median sale
Suburb $695,000
-0.19 pp
Gross yield
Suburb 3.13%
Suburb median $695,000 from 21 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 $418/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
Park Grove at a glance
2,733
People
$695,000
Median sale
$418/wk
Median rent
3.13%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Jenrew Real EstateIf a popular wish list for property came as a hard copy checklist, it would be a solid description of all that this wonderfully appointed property has on offer.
A solid 1989 construction with 2020+ features and compliant renovations, the most astute and particular of buyers will be easily impressed!
Thermal loss and energy efficiency has been counteracted with majority of double-glazed windows, 9kw reverse cycle upstairs, well insulated and a 5.1kw solar panel system to aid power consumption and home energy costs.
Recently installed new modern plush carpets under foot in living space and meet the gloss finished floorboards, a contrasting feature within the open plan kitchen and dining spaces.
You can’t complain about the kitchens’ lack of storage or food preparation bench tops, a brilliant corner pantry provides the uncluttered storage you’ve been searching for.
A sliding door to the two-way accessed rear decking, compressed sheet flooring and the pull-down roller bistro blind makes this space the ultimate all-year round usable and functional entertainers’ hub. The ideal spot to unwind!
3 great bedrooms on the upper level with sliding door robes, the main bathroom with bath, tiled shower and toilet, a separate toilet alongside the bathroom for family convenience.
Neat paintwork throughout the home, dual privacy blinds and total block out blinds provide a contemporary styling, warmth, and practicality.
Fully self-contained unit with own ensuite bathroom, a functional kitchenette, sitting areas, laundry behind sliding doors, reverse cycle air-conditioner, inclusive of new double-glazed windows and sliding door access. New compliant Internal stairs to upstairs, petitioned off, easily reinstated depending on your family living arrangements or left as is for potential rental income opportunities.
Single Car accommodation under the home with remote access and a beautifully finished 3 car fully powered and remote access stand-alone workshop/garage with perfect led internal lighting.
An easily accessed home with an easy ramp from the side path to the residences mud room on the upper level, a front landing from a couple of steps and level access through the sliding door to the unit.
Well fenced with colorbond fencing, minimalistic landscaping, clean well maintained street appeal.
If a West Burnie/Park Grove location is high on your priorities for work, education, and services, you can’t pass on this immaculately well-presented and correctly renovated home with all compliance certificates, adding confidence for you as the new owner.
Additional Property Information:
Year Built: 1989
Council Rates: $2,420.36pa
Water Rates: $1,148.80pa + usage charges
Floor area: 252.23m2 approx (excluding 3 bay garage )
Land size: 1,047m2 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.