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TAS › Trevallyn › North Bank

2 North Bank, Trevallyn TAS 7250

House

5

Bedrooms

2

Bathrooms

5

Car spaces

1,802 m²

Land

202 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • CalculationLand 1,802 m² against a 202 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Trevallyn (last 5 years) with land size: median $781/m² of land (n=104). 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.

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

What this lot has actually traded at

Last sold

No recorded sale price for this property yet.

Local land rate: recorded House sales in Trevallyn (last 5 years) with land size have a median of $781/m² of land (n=104). Districts calculation from recorded sales — not a valuation.

Trevallyn at a glance

4,878

People

$755,000

Median sale

$536/wk

Median rent

3.69%

Suburb gross yield

Median sale from 44 recorded sales (last 12 months) — a Districts calculation.

See the full Trevallyn report →

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. Soldprice unknown5 July 2024
  2. Listedprice unknowncompleted17 June 2024

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 $536/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.

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.

Nearby

Nearby properties

  • 12 North Bank, Trevallyn TAS 7250
  • 5 Woolston St, Trevallyn TAS 7250
  • 43 Newlands St, Trevallyn TAS 7250
  • 11B West Tamar Rd, Trevallyn TAS 7250

Area

Trevallyn in one glance

Trevallyn at a glance

4,878

People

$755,000

Median sale

$536/wk

Median rent

3.69%

Suburb gross yield

Median sale from 44 recorded sales (last 12 months) — a Districts calculation.

See the full Trevallyn report →

Keep researching

  • Why Trevallyn? Read the area thesis →
  • What else is on the market in Trevallyn →
  • Other records on North Bank →

Listing material

Listed by Harcourts Launceston

Iconic Trevallyn Home With Amazing Views

Experience the charm of this stunning 1890's heritage home, beautifully maintained and featuring breathtaking views of Launceston city, The Seaport and Tamar River. This immaculate weatherboard residence boasts Victorian fret work, high ceilings, lead light windows, ornate hallway arches and ceiling roses, embodying timeless elegance. Enjoy the panoramic city and water views from multiple outdoor vantage points and relax in the lovely terraced gardens that surround the home.

The open-plan kitchen and dining area is well-equipped with a dishwasher, gas hotplates, ample storage and picturesque garden views. The light and spacious lounge, with north-facing windows and French doors, opens onto a deck perfect for outdoor living. The fabulous master bedroom suite includes walk-in robes and an ensuite, while the second living room, with double entry points, offers flexible space for the main bedroom or the entire family.

This versatile home accommodates up to six bedrooms, providing options for a home gym, office, or studio. The beautiful main bathroom features a claw-foot bath with incredible views, a separate shower and a toilet. Multiple outdoor living spaces, including an undercover pergola and a breakfast nook, cater to your every need.

Read the full description

Additional features include reverse cycle air conditioning, gas ducted heating, wood heating, original polished timber floors, a monitored security system and a double remote-controlled garage with off-street parking. Conveniently located close to schools, shops, supermarkets and all city amenities, as well as Trevallyn shops, schools, community sports clubs, the Cataract Gorge, and various walking tracks. All this, just a 3-minute drive to Launceston's CBD.

Features:

• A gorgeous 1890's beautifully maintained and immaculate weatherboard home

• Period features include high ceilings, lead light windows, ornate hallway arches & ceiling roses

• Stunning city and water views spanning the home and from the multiple outdoor vantage points

• Lovely established terraced gardens surround the home

• Open plan kitchen/dining features dishwasher, gas hotplates. plenty of storage and views over the garden

• Light and spacious lounge with north facing windows and French doors out to the deck and outdoor living

• Fabulous master bedroom suite offers walk-in robes and ensuite

• Second living room with double entry points make it a seamless living space for the main bedroom or handy for the whole family

• Up to 6 bedrooms with a flexible floor plan providing options for home gym, office, studio if not all bedrooms required

• Beautiful main bathroom features a claw-foot bath with fabulous views, separate shower & toilet

• Enjoy multiple outdoor living spaces for versatile options, including an undercover pergola & a breakfast nook

• Reverse cycle air conditioning (3 units), gas ducted heating & wood heating options

• Original polished timber floors

• Monitored security system

• Double remote controlled garage and off-street parking

• Close to schools, shops, supermarkets and all city conveniences

• Close to Trevallyn shops, schools, community sports clubs

• Close to the Cataract Gorge and a myriad of walking tracks

• Only 3 minutes' drive to Launceston's CBD

Contact Jeremy Wilkinson or Nav Kaur for further information.

Rental estimate: Up to $900 pw

House size: 202 sqm

Deck size: 62 sqm

Garage size: 20 sqm

Land size: 1802 sqm

Built: 1890

Council rates: $2,816 pa

Zoning: General Residential

Council: Launceston

**Harcourts Launceston has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate**

Listing description written by Jeremy Wilkinson, Harcourts Launceston — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Alarm System
  • Balcony
  • Built-in Robes
  • Courtyard
  • Deck
  • Dishwasher
  • Ducted Heating
  • Ensuites: 1
  • Floorboards
  • Fully Fenced
  • Gas Heating
  • Gym
  • Outdoor Entertaining
  • Remote Garage
  • Secure Parking
  • Study
  • Toilets: 2
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.