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TAS › Dynnyrne › Waterworks Rd

174 Waterworks Rd, Dynnyrne TAS 7005

House

4

Bedrooms

3

Bathrooms

4

Car spaces

6,900 m²

Land

322 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • CalculationLand 6,900 m² against a 322 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Dynnyrne (last 5 years) with land size: median $1,450/m² of land (n=19). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.
  • FactZoned General Residential (114.8) under the Hobart Local Provisions Schedule.(theLIST · 31 Aug 2026)

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

No recorded sale price for this property yet.

Local land rate: recorded House sales in Dynnyrne (last 5 years) with land size have a median of $1,450/m² of land (n=19). Districts calculation from recorded sales — not a valuation.

Dynnyrne at a glance

1,556

People

$965,000

Median sale

$543/wk

Median rent

2.93%

Suburb gross yield

Median sale from 9 recorded sales (last 24 months) — a Districts calculation.

See the full Dynnyrne report →

Planning

Planning and development

Planning scheme

Hobart Local Provisions Schedule

Zone

General Residential

114.8

Jurisdiction

Hobart

Hobart, TAS

Planning overlays

  • Data unavailable

Development activity

Data unavailable

Source

  • Provider: theLIST
  • Dataset: Tasmanian Planning Scheme Zones
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 2207478

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Soldprice unknown27 June 2023
  2. Listedprice unknowncompleted21 Mar 2023
  3. Listedprice unknowncompleted21 Mar 2023

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

TAS

Why this lot, not just this suburb

Why could this property outperform?

Confidence: medium

Zoned General Residential · 114.8 (Hobart Local Provisions Schedule). Official parcel area about 1,050 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $543/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned General Residential · 114.8 (Hobart Local Provisions Schedule). Official parcel area about 1,050 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Knownmedium

    Official parcel about 1,050 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    No DA adapter returned applications for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Dynnyrne in one glance

Dynnyrne at a glance

1,556

People

$965,000

Median sale

$543/wk

Median rent

2.93%

Suburb gross yield

Median sale from 9 recorded sales (last 24 months) — a Districts calculation.

See the full Dynnyrne report →

Keep researching

  • Why Dynnyrne? Read the area thesis →
  • What else is on the market in Dynnyrne →
  • Other records on Waterworks Rd →

Listing material

Listed by Harrison Agents Hobart

Family home in idyllic setting close to CBD

Looking to the leafy green vegetation on the far side of Sandy Bay Rivulet is one of the many assets of this property, not only because of its peaceful beauty, but because much of it is on the property's title. This four bedroom family home is situated on 6,900m2 of land that straddles the Rivulet with attractively landscaped gardens on the street side and rambling, partially cleared bushland on the other, the two areas connected by a rustic wooden pedestrian bridge.

Since its origins this beautiful home has been basically rebuilt and transformed into the house that proudly sits here today. The living areas occupy much of the middle level, comprising a well-equipped kitchen with quality cabinetry. On one side of the kitchen is a cosy sitting room, whilst an extensive living/dining room on the northern side captures the sun throughout the day. A sliding door opens onto an equally sunny deck, ideally placed to maximise the bushland views and outdoor living. The primary bedroom can also be found on this level along with a large walk-through wardrobe and en suite. The upper level of the home has a versatile floorplan, currently with three double bedrooms, a study and a family bathroom.

The lower level of the property is accessed through a 'secret' door in the kitchen leading to an environmentally efficient spa and sauna serviced by a freshwater tank and solar panels, with accompanying shower and toilet facilities. A garage/workshop and two store rooms are also on this level. A bitumen driveway accesses both the garage and triple carport, under which is a recreation room, currently used for table-tennis, but equally ideal as a pool room, music room or art studio.

Read the full description

The gardens below the home are well established and attractively landscaped for ease of maintenance, with beautiful flowering plants, productive raised bed vegetable gardens and a variety of fruit trees from lemons and figs to walnuts and hazelnuts. Wandering through the securely fenced garden and across the bridge to the 'wild side', offers serenity and escape from the hustle and bustle of daily life.

Not only is the property close to the city, but it is a 6 minute drive to the Sandy Bay shops, two primary schools are within a 2km radius, regular bus services, the local high school and various independent schools are within a 5km radius. With bushland walks on the doorstep, and the beautiful Waterworks Reserve nearby, this is an idyllic property.

Listing description written by Georgie Rayner, Harrison Agents Hobart — reproduced as published, not verified by Districts.

Property features

  • Living Areas: 2
  • Toilets: 3
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.