Park Grove at a glance
2,733
People
$695,000
Median sale
$418/wk
Median rent
3.13%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
TAS › Park Grove › Platinum Dr
$1,190,000
Last sold
22 May 2023
4
Bedrooms
2
Bathrooms
2
Car spaces
1,355 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
Last sold
$1,190,000
22 May 2023 · derived via latest_sale
Local land rate: recorded House sales in Park Grove (last 5 years) with land size have a median of $747/m² of land (n=81). Districts calculation from recorded sales — not a valuation.
Park Grove at a glance
2,733
People
$695,000
Median sale
$418/wk
Median rent
3.13%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
Vs Park Grove
+71.2%
Median sale
Suburb $695,000
-1.30 pp
Gross yield
Suburb 3.13%
Suburb median $695,000 from 21 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Burnie Local Provisions Schedule
Zone
General Residential
103.8
Jurisdiction
Burnie
Burnie, TAS
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
TASZoned General Residential · 103.8 (Burnie Local Provisions Schedule). Official parcel area about 1,356 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $418/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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned General Residential · 103.8 (Burnie Local Provisions Schedule). Official parcel area about 1,356 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
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?
KnownmediumOfficial parcel about 1,356 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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
Park Grove at a glance
2,733
People
$695,000
Median sale
$418/wk
Median rent
3.13%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts BurnieArchitecturally designed, this stunning, executive style home will leave you wanting for nothing. Sitting on the top side of the street in a nice quiet cul-de-sac, this home is superbly built and oozes quality throughout and is simply one of the finest homes that you will see. With the cost of land and building prices going through the roof, this Property represents great value for money and could not be replaced anywhere near the purchase price.
Split-level in design and built to catch the northern sun, the home consists of 4 bedrooms with a huge master bedroom with built-in robe and walk in robe a luxurious ensuite and there is a large separate media/rumpus room, the perfect spot for entertaining friends and family.
The east wing of the home is linked by a long sun-drenched hallway that is known as the "gallery" and is the perfect spot to display feature artworks and this connects to a large open plan living/kitchen and dining area which features beautiful polished concrete floors all opening on to a large undercover alfresco area. The stylish kitchen features state-of-the-art appliances with a roomy butlers' pantry that would make any budding chef proud.
The remaining 3 bedrooms and main bathroom all sit to the rear of the main living area, assuring privacy and space for children and parents alike.
This huge family home ticks all the boxes and will impress upon inspection.
*Harcourts Burnie 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. All measurements are approximate.*
Listing description written by Andrew de Bomford, Harcourts Burnie — reproduced as published, not verified by Districts.