Lutana at a glance
2,532
People
$700,000
Median sale
$528/wk
Median rent
3.92%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
TAS › Lutana › Chestnut Ave
$632,500
Last sold
30 Jan 2025
3
Bedrooms
2
Bathrooms
5
Car spaces
620 m²
Land
116 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
$632,500
30 Jan 2025 · derived via latest_sale
Local land rate: recorded House sales in Lutana (last 5 years) with land size have a median of $1,041/m² of land (n=67). Districts calculation from recorded sales — not a valuation.
Lutana at a glance
2,532
People
$700,000
Median sale
$528/wk
Median rent
3.92%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
Vs Lutana
-9.6%
Median sale
Suburb $700,000
+0.42 pp
Gross yield
Suburb 3.92%
Suburb median $700,000 from 25 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Glenorchy Local Provisions Schedule
Zone
General Residential
113.8
Jurisdiction
Glenorchy
Glenorchy, TAS
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
TASZoned General Residential · 113.8 (Glenorchy Local Provisions Schedule). Official parcel area about 620 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.
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
No advertised rent is recorded. Suburb median rent $528/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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned General Residential · 113.8 (Glenorchy Local Provisions Schedule). Official parcel area about 620 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
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?
KnownmediumOfficial parcel about 620 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
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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
Lutana at a glance
2,532
People
$700,000
Median sale
$528/wk
Median rent
3.92%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Petrusma Property Sandy BayNestled in a convenient and sought-after location, this delightful 1957-built weatherboard home exudes charm and warmth. Lovingly maintained, it offers comfortable living spaces and a versatile layout, making it ideal for a variety of buyers.
A few steps lead to the inviting front porch, where you can unwind and enjoy the water views. Inside, the light-filled living room is equipped with a reverse cycle air conditioner, ensuring year-round comfort. The spacious kitchen boasts ample storage and bench space, providing a functional and practical hub for family living.
The dining room, with an additional reverse cycle air conditioner, is a versatile space that can adapt to your needs, whether for formal meals or casual gatherings. The home comprises three well-sized bedrooms, all with built-in robes, offering plenty of storage.
The family bathroom is complete with a shower-over-bath, vanity, and toilet combination. A second combined bathroom and laundry add further convenience, featuring an additional shower and toilet.
Step outside to the expansive undercover entertaining area, perfect for summer barbecues or relaxing with friends and family. The garage has been thoughtfully lined, creating a flexible space ideal as a teenager's retreat or hobby room.
The property features well-established, low-maintenance gardens, offering a peaceful and manageable outdoor space. There is also off-street parking for up to four vehicles, providing plenty of room for cars, trailers, or guests.
Conveniently located close to schools, shops, public transport, and other essential services, this home provides an excellent lifestyle opportunity. With an approximate 10-minute commute to the Hobart CBD, you can enjoy both suburban tranquility and city convenience.
Water views from the inviting front porch
Light-filled living room with reverse cycle aircon
Functional kitchen with ample storage and bench space
Three bedrooms, all with built-in robes
Family bathroom with shower-over-bath, vanity, and toilet
Second combined bathroom and laundry
Established, low-maintenance gardens
Expansive undercover entertaining area
Lined garage perfect for a teenager's retreat
Listing description written by Tegan Rainbird, Petrusma Property Sandy Bay — reproduced as published, not verified by Districts.