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TAS › Ulverstone › Wadecliff Rise

2 Wadecliff Rise, Ulverstone TAS 7315

House

$555,000

Last sold

15 Apr 2025

3

Bedrooms

2

Bathrooms

1

Car spaces

917 m²

Land

137 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $555,000 (15 Apr 2025).(Recorded sale)
  • CalculationLand 917 m² against a 137 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Ulverstone (last 5 years) with land size: median $714/m² of land (n=117). 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

$555,000

15 Apr 2025 · derived via latest_sale

Local land rate: recorded House sales in Ulverstone (last 5 years) with land size have a median of $714/m² of land (n=117). Districts calculation from recorded sales — not a valuation.

Ulverstone at a glance

6,758

People

$585,500

Median sale

$452/wk

Median rent

4.01%

Suburb gross yield

Median sale from 64 recorded sales (last 12 months) — a Districts calculation.

See the full Ulverstone report →

Vs Ulverstone

-5.2%

Median sale

Suburb $585,500

+0.22 pp

Gross yield

Suburb 4.01%

Suburb median $585,500 from 64 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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. Sold$555,00015 Apr 2025
  2. Listedprice unknowncompleted26 Sept 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 $452/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.

Area

Ulverstone in one glance

Ulverstone at a glance

6,758

People

$585,500

Median sale

$452/wk

Median rent

4.01%

Suburb gross yield

Median sale from 64 recorded sales (last 12 months) — a Districts calculation.

See the full Ulverstone report →

Keep researching

  • Why Ulverstone? Read the area thesis →
  • What else is on the market in Ulverstone →
  • Other records on Wadecliff Rise →

Listing material

Listed by Harcourts Ulverstone & Penguin

Where comfort meets charm…

What a delight it is to bring this property to market… Built in 2016 this home is move in ready. Nestled in a quiet cul-de-sac, you almost feel like you're in the countryside with only a short drive into the heart & township of Ulverstone, where you'll find all of the amenities there is to offer close by.

A very modern and neutral colour scheme has been used throughout to give this home a timeless appeal… With fresh carpet and a fresh coat of paint it almost looks brand new again. There is a spacious open plan living, dining & kitchen with glass sliding doors out onto the lovely & freshly painted deck. Inbuilt seating overlooks the large back yard, and this is the perfect place to entertain family and friends.

The main bedroom is spacious and has a good size walk-in robe as well as a great size ensuite which is neat and tidy. The other 2 bedrooms are also of a good size, with built in wardrobes. A clever use of design sees a walk-through study nook complete with loads of storage, which is perfect for those who work from home or studying. There are dual blinds throughout the whole home, and a near new reverse cycle air conditioner will keep the home warm in the winter and cool in the summer.

Read the full description

The yard is large and has great potential for those who love building and growing their gardens from scratch. There would be enough room to build a shed (STCA) if you so wish. There is also a double end to end car garage with remote access, and a second roller door at the rear to get to the back yard.

Location is excellent with access to plenty of schools, shopping, restaurants and cafes that Ulverstone has to offer… So please pick up the phone and call Wendy Squibb or come along to one of our upcoming open homes, we will be delighted to show you through.

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.

Property features

  • Ensuites: 1
  • 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.