West Ulverstone at a glance
4,672
People
$630,000
Median sale
$414/wk
Median rent
3.42%
Suburb gross yield
Median sale from 45 recorded sales (last 12 months) — a Districts calculation.
TAS › West Ulverstone › Lakin St
$720,000
Last sold
31 July 2026
3
Bedrooms
2
Bathrooms
0
Car spaces
1,214 m²
Land
194 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
$720,000
31 July 2026 · derived via latest_sale
Local land rate: recorded House sales in West Ulverstone (last 5 years) with land size have a median of $686/m² of land (n=131). Districts calculation from recorded sales — not a valuation.
West Ulverstone at a glance
4,672
People
$630,000
Median sale
$414/wk
Median rent
3.42%
Suburb gross yield
Median sale from 45 recorded sales (last 12 months) — a Districts calculation.
Vs West Ulverstone
+14.3%
Median sale
Suburb $630,000
-0.43 pp
Gross yield
Suburb 3.42%
Suburb median $630,000 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 $414/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.
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
West Ulverstone at a glance
4,672
People
$630,000
Median sale
$414/wk
Median rent
3.42%
Suburb gross yield
Median sale from 45 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts Ulverstone & PenguinBuilt in 1912, number 2 Lakin Street stands as one of West Ulverstone's original homesteads, rich in character and local significance. Long held by William Purton, the property forms part of a meaningful local story, with land once gifted to establish what is now the Eliza Purton Aged Care Home, named in honour of his mother 'Eliza'.
Once hidden behind a wall of mature trees, this stately residence has re-emerged and now proudly presents itself to the street, offering a rare opportunity to secure a true piece of West Ulverstone history.
Lovingly held by its current owner for the past 25 years, the home has been thoughtfully renovated and updated over time, with great care taken to preserve its original charm while enhancing comfort and functionality. These owners have enjoyed the friendly quiet neighbourhood where people know each other's names but go about their business respectfully.
Inside, the home showcases the timeless elegance of its era. A wide central hallway welcomes you in, creating an immediate sense of space and grandeur, enhanced by an ornate plaster archway, polished Tasmanian Oak floorboards, high ceilings, and detailed skirting boards. Original doors, door handles and other federation features remain, preserving the craftsmanship and charm of a bygone time.
The layout offers three generous bedrooms along with the spacious loungeroom and formal dining room which are positioned on the northern side of the home, bathed in natural light throughout the day. This area is light bright and lovely and the perfect spot for future gatherings.
The large dine-in kitchen retains its original pantry, original fireplace and surround providing area to prepare meals for your family, and it truly is the heart of the home. There are two good sized bathrooms, the main featuring a deep bath, vanity, and toilet. A small office nook off the front verandah adds flexibility-ideal for those working from home or meeting clients without compromising privacy.
Comfort is well catered for with a Eureka wood heater and reverse cycle air conditioning, blending modern convenience with classic character.
Recent upgrades including new carpet in the three bedrooms and the lounge/dinning area, extensive interior and exterior painting, sheer curtains, a new verandah roof, and updated decking boards. While beautifully refreshed, there remains further scope for those looking to add value and make the home their own.
Set on a generous 1,214m² block, the property is complemented by a large wraparound verandah-perfect for enjoying the space, entertaining, or simply taking in the peaceful surroundings. The mature gardens will give the new owners many hours of enjoyment as they make the house their home.
There are 2 parking spaces on the property providing off street parking.
We would love to share with you 2 Lakin Street, a home rich in history, defined by its character, and filled with opportunity. So please phone the listing agent Wendy Squibb or coming along to one of our upcoming open homes… this stunning home is ready for its next custodian to carry the story forward.
Disclaimer: While Harcourts Ulverstone & Penguin has taken every care to verify the accuracy of the details in this advertisement, we cannot guarantee its correctness. Prospective buyers need to take such action as is necessary, to satisfy themselves of any pertinent matters.
Listing description written by Wendy Squibb, Harcourts Ulverstone & Penguin — reproduced as published, not verified by Districts.