Midway Point at a glance
3,547
People
$745,000
Median sale
$594/wk
Median rent
4.15%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
TAS › Midway Point › Garden Ln
$690,000
Last sold
27 Sept 2023
3
Bedrooms
1
Bathrooms
2
Car spaces
536 m²
Land
142 m²
Building
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
$690,000
27 Sept 2023 · derived via latest_sale
Local land rate: recorded House sales in Midway Point (last 5 years) with land size have a median of $991/m² of land (n=132). Districts calculation from recorded sales — not a valuation.
Midway Point at a glance
3,547
People
$745,000
Median sale
$594/wk
Median rent
4.15%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
Vs Midway Point
-7.4%
Median sale
Suburb $745,000
+0.33 pp
Gross yield
Suburb 4.15%
Suburb median $745,000 from 34 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 $594/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
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
Midway Point at a glance
3,547
People
$745,000
Median sale
$594/wk
Median rent
4.15%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Petrusma Property Sandy BaySituated at the end of a quiet no through road in Midway Point, boasting stunning uninterrupted views over the water to Five Mile Beach, this incredible home is in original condition and awaiting someone to bring it back to its former beauty.
The neatly presented kitchen offers ample storage and bench space, with a large island bench with extended breakfast bar flowing through to the living and dining area. The living area is a comfortable space to enjoy a relaxing evening and the light filled dining room overlooks the calm water. The home has both a heat pump and a wood heater for year-round climate control. A spacious sunroom or enclosed outdoor entertaining area offers a great space for family and friends to gather.
Accommodation is provided by three bedrooms, the two larger bedrooms both offer built in robes and the third bedroom share the same stunning views over the water. The home is serviced by family bathroom, with the WC located in the laundry. The laundry has direct access to the rear yard and internal access to the workshop downstairs.
A fantastic workshop or storage room with internal access to the home and direct access outside provides a great space for a trade or handyman store tools or work on projects or utilise the space for additional storage. The yard is fully fenced, and low maintenance with a woodshed or storage area for gardening tools. A double carport provides covered parking for vehicles while additional off-street parking can be utilised for boats, trailers or caravans. A mooring in the bay approx 5.5m deep has the opportunity to be leased with the purchase of the property.
Midway Point is vastly expanding and growing in popularity, and it's not hard to see why: A short commute to the Hobart International Airport, a 25-minute commute to the CBD for everything you will need. For convenience closer to home, local shops within walking distance, Sorell offers shopping, schools, restaurants, and supermarkets, while Cambridge Park has home goods, furniture shops, cafes and more.
- Fantastic location with uninterrupted water views
- Original home filled with character and charm
- Neatly presented kitchen with breakfast bar
- Light filled dining area and cosy living room
- Spacious sunroom or outdoor entertaining area
- Two large bedrooms with built in robes
- Third bedroom with stunning water views
- Neat family bathroom with separate WC and laundry
- Double carport and additional off street parking
- Solar system and inverter
- Mooring in the bay can be leased with the property
- Close to local shops or short commute to Sorell and Cambridge Park
- 15 minutes to Eastlands or 25 minutes to the CBD
- Water rates approx. $1,200pa
- Council rates approx. $2,000pa
- Rent appraisal $470 - $520pw
Listing description written by David McLeod, Petrusma Property Sandy Bay — reproduced as published, not verified by Districts.