Glenorchy at a glance
11,936
People
$668,500
Median sale
$527/wk
Median rent
4.10%
Suburb gross yield
Median sale from 74 recorded sales (last 12 months) — a Districts calculation.
TAS › Glenorchy › Milburn Pl
$627,000
Last sold
1 July 2025
3
Bedrooms
1
Bathrooms
3
Car spaces
652 m²
Land
101 m²
Building
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
$627,000
1 July 2025 · derived via latest_sale
Local land rate: recorded House sales in Glenorchy (last 5 years) with land size have a median of $940/m² of land (n=98). Districts calculation from recorded sales — not a valuation.
Glenorchy at a glance
11,936
People
$668,500
Median sale
$527/wk
Median rent
4.10%
Suburb gross yield
Median sale from 74 recorded sales (last 12 months) — a Districts calculation.
Vs Glenorchy
-6.2%
Median sale
Suburb $668,500
+0.27 pp
Gross yield
Suburb 4.10%
Suburb median $668,500 from 74 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 $527/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
Glenorchy at a glance
11,936
People
$668,500
Median sale
$527/wk
Median rent
4.10%
Suburb gross yield
Median sale from 74 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harrison Agents HobartPositioned in a quiet street and just five minutes' drive to Glenorchy's major amenities-including supermarkets, cinema, cafés, restaurants, and leading retail outlets - 22 Milburn Place offers a lifestyle of ease and flexibility.
This freshly updated home features three well-proportioned bedrooms, a renovated central bathroom, and a brand-new designer kitchen. The interior has been freshly painted and fitted with plush new carpet, complemented by a reverse cycle heat pump for year-round comfort. The rendered exterior adds to the home's clean, modern appeal.
Set on a generous 652m² block, the home is fully fenced, offering privacy and a secure backyard ideal for children and pets. It's perfectly suited to first home buyers, families, and investors alike.
One of the standout features of this property is the impressive external garage, which has been fully lined with plaster, stylish down lights, a heat pump, and an epoxy floor-making it an ideal space for entertaining, a home gym, or a teenager's retreat.
Under the house, you'll discover a versatile space that was previously used as a beauty salon. With its own external access and built-in toilet, this area offers exceptional flexibility-perfect as a home office, workspace, or creative studio, with the added benefit of generous under-house storage.
With so much on offer-and even more potential waiting to be explored-22 Milburn Place is a home that truly stands out.
Don't miss your opportunity to secure this exceptional property. Contact Nick Boon on 0409 818 899 or John Lennard on 0417 556 620 to arrange your private inspection.
Listing description written by Nick Boon, Harrison Agents Hobart — reproduced as published, not verified by Districts.