Coles Bay at a glance
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Median sale
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Suburb gross yield
TAS › Coles Bay › Swanwick Dr
$899,000
For sale
Asking
3
Bedrooms
2
Bathrooms
2
Car spaces
718 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
$899,000
Asking · $1,252/m² of land
No recorded sale for this property.
Coles Bay at a glance
No data
Median sale
No data
Median rent
No data
Suburb gross yield
$39,597 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
UnknownNearby 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.
Area
Coles Bay at a glance
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Median sale
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Median rent
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Suburb gross yield
Listing material
Listed by Harcourts St HelensUnassuming from the street, 20 Swanwick Drive is a home you will instantly fall in love with as you step inside. Exquisitely styled and updated, the home reflects its premium position on the shores of the Swan River. Known as 'The Reads', this home is a fully furnished three bedroom retreat with a proven track record as premium short stay accommodation.
Step outside through the gorgeous timber french doors and you are just metres to the shoreline; there are so few genuine waterfront properties where it is a flat few steps to the water. Hidden from the street and at the rear of the home, a generous deck looks out over ever-changing river views - the perfect spot for morning coffee or long lunches outdoors.
Inside, vaulted ceilings and exposed timber beams frame an open-plan kitchen, living and dining space, warmed by a wood fire and featuring relaxed nautical styling with carefully curated vintage pieces. Oversized windows draw the river inside, turning the water into a living backdrop. The main bedroom captures the same sweeping outlook with its own private balcony.
Styled by Tasmanian interior designer Vonda Mason and can be sold complete with furniture, The Reads is ready to walk into - continue it as an established tourism investment, keep it entirely as a private escape, or enjoy both.
Just minutes from the shops, cafés and conveniences of Coles Bay, and a short drive to the walking trails and beaches of Freycinet National Park, this is waterfront living, done properly.
AT A GLANCE
• Three bedroom coastal home on 718m², on the shores of the Swan River
• Two full bathrooms including signature claw foot bath
• Direct access to a private, secluded beach
• Sweeping river and landscape views
• Vaulted ceilings, exposed timber beams, open plan living
• Wood fire, nautical styling, curated vintage furnishings
• Expansive entertainer's deck
• Main bedroom with river views
• Can be sold fully furnished
• Established short stay income history
• Listed as one of the six best remote stays in Tasmania
• Minutes to Coles Bay and Freycinet National Park
• Single garage
PROPERTY INFORMATION
Land size: 718m2
Building size: 118m2 + decking + garage
Built: 2000
Zoning: Low density residential
Serviced by: Tank water and septic
SWANWICK
Swanwick is a peaceful waterside community just outside Coles Bay, where life follows the coast - fishing, boating, swimming and walking are among the everyday pleasures here. A relaxed mix of original holiday shacks and contemporary coastal homes gives the area its easy, welcoming character.
Contact Megan Hampton at Harcourts East Coast to arrange a time to experience The Reads in person.
Harcourts East Coast has no reason to doubt the accuracy of the information in this document, which has been sourced from means considered reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations, including enquiries regarding holiday accommodation approvals, forward bookings and income.
Listing description written by Megan Hampton, Harcourts St Helens — reproduced as published, not verified by Districts.