Park Grove at a glance
2,733
People
$697,500
Median sale
$418/wk
Median rent
3.12%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
TAS › Park Grove › Futuna Ave
$476,000
Last sold
17 June 2022
4
Bedrooms
2
Bathrooms
1
Car spaces
637 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
$476,000
17 June 2022 · 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
$697,500
Median sale
$418/wk
Median rent
3.12%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
Vs Park Grove
-31.8%
Median sale
Suburb $697,500
+1.45 pp
Gross yield
Suburb 3.12%
Suburb median $697,500 from 20 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Burnie Local Provisions Schedule
Zone
General Residential
103.8
Jurisdiction
Burnie
Burnie, 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 · 103.8 (Burnie Local Provisions Schedule). Official parcel area about 639 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 $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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned General Residential · 103.8 (Burnie Local Provisions Schedule). Official parcel area about 639 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 639 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.
Nearby
Area
Park Grove at a glance
2,733
People
$697,500
Median sale
$418/wk
Median rent
3.12%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by First National Real Estate BurnieWow, what an opportunity for this family friendly home!! What makes this such an amazing offering you may ask?
With two of the expensive areas attended to, brand new and yet to be used bathrooms, this home is
set upon two levels of family living split between 3 bedrooms, bathroom, kitchen, dining and living space upstairs and the lower level with laundry, the 2nd bathroom and a large games/rumpus room.
Privacy is assured in the established backyard, the foliage providing the perfect privacy screens.
A circular driveway provides ease when driving, confidence when entering and exiting the street.
Park Grove has always been the local attraction suburb, renowned for the amenities attracting the public and people that want to reside in the area. Gym, garden nursery and cafe’, public education and private education of choice, medical professionals who sought residence close to the nearby hospital.
With so much demand in Park Grove, why not invest in this solid residence's generous proportions and update the kitchen, fittings, furnishings and paintwork throughout?
With a great plan of attack and rolling up the sleeves, do it well and watch the property value soar whilst enjoying the comfort of your own creation.
Call Jenna and Andrew to arrange an inspection, a polish and this property will shine!
DISCLAIMER: The above information has been provided to us by the owner/s and other third parties. We have not verified whether or not that information is accurate and do not have any belief one way or the other in its accuracy. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. All interested parties should make and rely upon their own inquiries in order to determine whether or not this information is in fact accurate.
Listing description written by Jenna and Andrew Miles, First National Real Estate Burnie — reproduced as published, not verified by Districts.