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TAS › Miandetta › Penambul Dr

2/55 Penambul Dr, Miandetta TAS 7310

For saleLand

$137,000

For sale

Asking

0

Bedrooms

0

Bathrooms

0

Car spaces

567 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $137,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $137,000(Listing record · 22 Dec 2022)
  • FactLand 567 m²; no building size recorded.(Property record)
  • CalculationAsk is 77% below the Miandetta median recorded sale ($602,550, n=14, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Miandetta's advertised median rent ($556/wk), implied gross yield would be 21.10% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No 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

The ask against the evidence

Asking

$137,000

Asking · $242/m² of land

No recorded sale for this property.

Miandetta at a glance

1,823

People

$602,550

Median sale

$556/wk

Median rent

4.80%

Suburb gross yield

Median sale from 14 recorded sales (last 12 months) — a Districts calculation.

See the full Miandetta report →

Vs Miandetta

-77.3%

Median sale

Suburb $602,550

+16.30 pp

Gross yield

Suburb 4.80%

Suburb median $602,550 from 14 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$137,000
Stamp Duty (Tasmania)
$3,730
Transfer/Registration Fee
$257
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$144,687

$7,687 on top of the price (5.6% extra)

  • Stamp Duty (Tasmania)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Tasmania schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Miandetta's advertised median rent — not a rent for this listing.

Net yield
19.60%
Annual cashflow (pre-tax)
$19,733
Interest cover (DSCR)
3.77
Annual rent
$28,912
Operating expenses
$2,055
Loan amount
$109,600
Annual interest
$7,124
Gross yield
21.10%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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. Listed$137,000available21 Dec 2022

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?

Planning 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.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” 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 $556/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.

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

Gross yield if leased at the suburb aggregate is 21.1%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • 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?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). 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

    Development applications have not been queried 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

Miandetta in one glance

Miandetta at a glance

1,823

People

$602,550

Median sale

$556/wk

Median rent

4.80%

Suburb gross yield

Median sale from 14 recorded sales (last 12 months) — a Districts calculation.

See the full Miandetta report →

Keep researching

  • Why Miandetta? Read the area thesis →
  • What else is on the market in Miandetta →
  • Other records on Penambul Dr →

Listing material

Listed by Halliwell Property Agents

Bush setting in the middle of Devonport!

Nestled at the end of a quiet court in the ever-popular Miandetta this internal block offers privacy and a beautiful and tranquil bush outlook, all while being just a short drive to the CBD of Devonport and the soon to be developed Neighbourhood Shopping Centre at the Homemaker Centre plus the bonus of childcare and schools close by.

This 567m2 allotment is near level and strata titled although there are no associated fees and no active body corporate, keeping it simple. The native bush to the rear of the property is to be a reserve into the future giving the purchaser piece of mind for maintaining the outlook.

The block comes complete with plans for a two-story home including BAL and geotechnical reports ready to submit to council for approval. Add to this underground power, water supply and telephone services connected plus storm water and wastewater outlets already in ground. This presents a great saving in both time and money for the purchaser.

Read the full description

The value for money here is clear, if you are wanting to build in a lovely bush setting with the convenience of town living, then you can't go past this fantastic block! The market is competitive in this space and with a lot of the heavy lifting already done you could be on your way to building onsite in no time STCA.

Contact listing agent Leigh Murphy today for more information.

*All information provided is deemed reliable but is not guaranteed and should be independently verified. Property measurements, including square footage, room dimensions, and land size, are approximate and may vary. Buyers are encouraged to conduct their own inspections and due diligence to confirm the accuracy of all details.

Listing description written by Leigh Murphy, Halliwell Property Agents — reproduced as published, not verified by Districts.

Districts

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

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