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TAS › Kingston › Fairway Dr

21 Fairway Dr, Kingston TAS 7050

For saleUnit

$575,000

For sale

Asking

3

Bedrooms

1

Bathrooms

1

Car spaces

446 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $575,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $575,000(Listing record · 27 Aug 2026)
  • FactLand 446 m²; no building size recorded.(Property record)
  • CalculationRecorded Unit sales in Kingston (last 5 years) with land size: median $2,452/m² of land (n=6). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 24% below the Kingston median recorded sale ($761,250, n=58, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Kingston's advertised median rent ($589/wk), implied gross yield would be 5.33% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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

The ask against the evidence

Asking

$575,000

Asking · $1,289/m² of land

No recorded sale for this property.

Local land rate: recorded Unit sales in Kingston (last 5 years) with land size have a median of $2,452/m² of land (n=6). Districts calculation from recorded sales — not a valuation.

Kingston at a glance

13,280

People

$761,250

Median sale

$589/wk

Median rent

4.02%

Suburb gross yield

Median sale from 58 recorded sales (last 12 months) — a Districts calculation.

See the full Kingston report →

Vs Kingston

-24.5%

Median sale

Suburb $761,250

+1.31 pp

Gross yield

Suburb 4.02%

Suburb median $761,250 from 58 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$575,000
Stamp Duty (Tasmania)
$21,435
Transfer/Registration Fee
$257
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$600,392

$25,392 on top of the price (4.4% extra)

  • Stamp Duty (Tasmania)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Pre-filled with Kingston's advertised median rent — not a rent for this listing.

Net yield
3.83%
Annual cashflow (pre-tax)
$-7,897
Interest cover (DSCR)
0.74
Annual rent
$30,628
Operating expenses
$8,625
Loan amount
$460,000
Annual interest
$29,900
Gross yield
5.33%

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.

Open the full yield calculator →

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. Listed$575,000available27 Aug 2026

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 $589/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

Gross yield if leased at the suburb aggregate is 5.3%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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

Kingston in one glance

Kingston at a glance

13,280

People

$761,250

Median sale

$589/wk

Median rent

4.02%

Suburb gross yield

Median sale from 58 recorded sales (last 12 months) — a Districts calculation.

See the full Kingston report →

Keep researching

  • Why Kingston? Read the area thesis →
  • What else is on the market in Kingston →
  • Other records on Fairway Dr →

Listing material

Listed by Stone Real Estate Southern Tasmania

Independent Living with Community at Your Doorstep

Welcome to this beautifully presented stand-alone home, ideally positioned within the sought-after Redwood Village, a welcoming community designed specifically for over-50s living.

If you're looking to downsize without giving up space, comfort or independence, this charming three-bedroom home offers an excellent opportunity to enjoy easy living in a convenient Kingston location.

Lovingly maintained and surrounded by beautifully manicured gardens, the home offers a warm and inviting atmosphere from the moment you arrive.

Read the full description

The open-plan kitchen and dining area provides a practical and sociable heart to the home, flowing into a spacious, sun-filled living room - the perfect place to relax and unwind.

Property Features:

• Three bedrooms, with two featuring built-in wardrobes.

• The versatile third bedroom, positioned just off the living room, is ideal as a

guest room, second sitting area, home office or study.

• Generous bathroom with shower, bath and vanity.

• Convenient laundry with internal access to your private garage.

• Under-house storage, providing plenty of space for belongings.

• Reverse-cycle heat pump for efficient heating and year-round comfort.

• Stand-alone home offering the privacy and independence of your own home within a friendly over-50s community.

• Well maintained, established gardens.

Convenient Kingston Location:

Positioned in the heart of Kingston, you'll have everyday convenience right at your fingertips. Public transport is close by, while Kingston's shops, services, cafes and other amenities are all easily accessible.

Whether you're ready to downsize, looking for a comfortable low-maintenance lifestyle, or simply wanting to enjoy the benefits of community living without compromising your independence, this delightful stand-alone home is well worth your inspection.

Come and discover the comfort, convenience and lifestyle on offer at Redwood Village.

** We have obtained all information in this document from sources we believe to be reliable, however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Listing description written by Louise Wallace, Stone Real Estate Southern Tasmania — reproduced as published, not verified by Districts.

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.