Bicheno at a glance
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Median sale
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Median rent
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Suburb gross yield
TAS › Bicheno › Wallace Ave
$825,000
For sale
Asking
3
Bedrooms
2
Bathrooms
6
Car spaces
727 m²
Land
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
Asking
$825,000
Asking · $1,135/m² of land
No recorded sale for this property.
Bicheno at a glance
No data
Median sale
No data
Median rent
No data
Suburb gross yield
$36,267 on top of the price (4.4% extra)
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.
No rent is recorded for this listing. Enter a weekly rent to model yield.
Enter a purchase price and weekly rent to calculate yield.
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.
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 and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.
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.
0 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownArea
Bicheno at a glance
No data
Median sale
No data
Median rent
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Suburb gross yield
Listing material
Listed by Harcourts St HelensNestled in the heart of Tasmania's stunning East Coast, 2 Wallace Avenue, Bicheno presents an outstanding opportunity to secure a modern family home or a high-performing investment property in one of the state's most sought-after seaside destinations.
Built in 2020, this beautifully designed residence combines contemporary comfort, functional living spaces, and a relaxed coastal lifestyle, all set on a generous 727m² block, fully fenced with a secured gated entrance and rear gate with street crossover to cater for storing a boat or caravan.
This property has all the ingredients of a standout investment in one of Tasmania's most sought-after coastal destinations. With Bicheno's thriving tourism market and growing demand for quality short-stay accommodation, 2 Wallace Avenue presents an exceptional opportunity for investors and lifestyle buyers alike.
This contemporary, low-maintenance home is positioned on a generous allotment in a highly desirable coastal location, offering strong appeal to holidaymakers year-round. Modern construction, quality finishes, and easy-care design help minimise ongoing maintenance, while the property's proximity to local attractions enhances its earning potential as a boutique B&B or holiday rental.
Whether you're seeking a high-performing short-term accommodation investment, a long-term growth asset, or a coastal retreat with income-generating potential, 2 Wallace Avenue represents a compelling opportunity in the heart of Bicheno.
Property Features
3 spacious bedrooms with built-in wardrobes
Master bedroom with private ensuite and separate entrance
1 main bathroom featuring a relaxing bathtub
2 toilets
Large laundry with ample storage and workspace
Modern kitchen complete with quality appliances and dishwasher
Open-plan living and dining areas
2 heat pumps providing year-round comfort
Double garage with secure parking for 2 vehicles
Additional external parking for 2 vehicles
Garden Shed
House size: 168m²
Land size: 727m²
Zoning: General Residential
Power, water, and sewer connected
Experience the Bicheno Lifestyle
Living in Bicheno means embracing one of Tasmania's most vibrant coastal communities. Renowned for its pristine beaches, crystal-clear waters, world-class fishing, and spectacular natural beauty, Bicheno offers the perfect balance of relaxation and adventure.
Harcourts Bicheno 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.
Contact Paul Dollisson at Harcourts Bicheno today to arrange an inspection on
0437 266 636.
Listing description written by Paul Dollisson, Harcourts St Helens — reproduced as published, not verified by Districts.
Nearby development applications are not loaded for this property.
Honest achievable rent
UnknownNo advertised rent and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.
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.