Westbury at a glance
2,609
People
$570,000
Median sale
$486/wk
Median rent
4.43%
Suburb gross yield
Median sale from 45 recorded sales (last 12 months) — a Districts calculation.
$740,000
Last sold
5 June 2024
5
Bedrooms
3
Bathrooms
4
Car spaces
1,385 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 June 2024 · derived via latest_sale
Local land rate: recorded House sales in Westbury (last 5 years) with land size have a median of $434/m² of land (n=93). Districts calculation from recorded sales — not a valuation.
Westbury at a glance
2,609
People
$570,000
Median sale
$486/wk
Median rent
4.43%
Suburb gross yield
Median sale from 45 recorded sales (last 12 months) — a Districts calculation.
Vs Westbury
+29.8%
Median sale
Suburb $570,000
-1.01 pp
Gross yield
Suburb 4.43%
Suburb median $570,000 from 45 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 $486/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
Westbury at a glance
2,609
People
$570,000
Median sale
$486/wk
Median rent
4.43%
Suburb gross yield
Median sale from 45 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harrison Agents LauncestonWelcome to this well-maintained home, located in the picturesque town of Westbury. This property presents a unique opportunity with its blank canvas potential, ready for you to make it your own.
Spanning two levels, this expansive home boasts five bedrooms and three bathrooms, offering ample accommodation for families or those seeking versatility and space. But what sets this home apart is its charming wooden interior, adding warmth and character to the living spaces.
Furthermore, this property is enhanced by the presence of two separate dwellings, one of which is a unit situated at the rear of the property. Currently tenanted for $350 per week until 03/25, this additional dwelling presents a lucrative opportunity for investors or homeowners seeking supplemental income.
Adding to its appeal, the property features a flat garden adorned with established trees, an aviary, and a vegetable patch. This picturesque setting provides a tranquil and inviting ambiance that can be enjoyed throughout the year, making it the perfect place to relax and unwind.
It doesn't stop there; there are also solar panels with a 10kW capacity included, ensuring energy efficiency and cost savings for the residents. Additionally, a large shed is included, ensuring ample storage space or a generous workshop area, with power connected, perfect for DIY projects. An outdoor undercover entertaining space adds to the property's allure, providing the perfect setting for hosting gatherings or enjoying alfresco dining year-round.
Zoned for general residential use and sitting on a generous 1385sqm block, this property also boasts subdividable potential, offering further opportunities for development or investment.
Despite the property's peaceful setting, it is just a short 25-minute drive from Launceston CBD, offering the perfect balance between tranquility and accessibility. Plus, it's conveniently located close to Westbury amenities, including local shops, a pub, Westbury Showground, Sports Center, Bowls Club, and Westbury Primary School, this home offers a comfortable and convenient lifestyle for its residents.
Don't miss out on this rare opportunity to secure a piece of Westbury's history. Schedule a viewing today and unlock the full potential of this remarkable property.
Listing description written by Josh Schaeche, Harrison Agents Launceston — reproduced as published, not verified by Districts.