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 › Sandpiper Dr
$750,000
Last sold
5 May 2023
3
Bedrooms
2
Bathrooms
3
Car spaces
646 m²
Land
142 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
$750,000
5 May 2023 · derived via latest_sale
Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.
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
+0.7%
Median sale
Suburb $745,000
-0.03 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 scheme
Sorell Local Provisions Schedule
Zone
General Residential
124.8
Jurisdiction
Sorell
Sorell, 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 · 124.8 (Sorell Local Provisions Schedule). Official parcel area about 646 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 $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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned General Residential · 124.8 (Sorell Local Provisions Schedule). Official parcel area about 646 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 646 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
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 Harcourts HobartThis premium brick home with handsome street appeal built in 2013 by respected "Ronald Young Builders" in a peaceful new homes area enjoys single level accommodation, and scenic outlooks across Orielton Lagoon and Pittwater.
The home is a perfect size for those just starting out and looking to spread their wings, and for those winding back to more relaxed stages of life. It would make for a great set and forget investment too with an anticipated return of $480 to $500 per week.
The house is low maintenance inside and out and enjoys contemporary, light, bright and airy floorplan, and décor all the way through.
The kitchen with island bench / breakfast bar is well equipped with high end appliances and serves an open plan dining area which is flanked by a sitting room and lounge room. These spaces are open, functional, sundrenched, and comfortable.
There are three good sized bedrooms each with abundantly proportioned built-ins, the main with walk-in-robe, ensuite, and opulent water outlooks.
Outside there are two alfresco spaces (covered and uncovered) both with easy indoor/outdoor access via sliding glass doors - perfect for BBQs with company, or blissfully alone with a good book and favourite drink.
There are established low-care ornamental and edible plantings as well as tool shed, garden water tank, and an energy efficient 16-panel solar system on the roof.
A generous separate garage/workshop is great for handy-people and hobbies, and provides good storage for caravan, car, or boat. Further off-street parking is available.
The property is positioned beautifully well for lifestyle and convenience. Popular and picturesque Pittwater Golf Course is merely 300m away, there are local shops and services, yacht club, tavern, nature walks, and more. In just ten minutes' drive is the substantial and ever-expanding satellite town of Sorell that has everything one could need and forms the gateway to all the wonderful adventure awaiting you up the East Coast or down the Tasman Peninsular. Sorell school is well-regarded from Kindergarten to twelfth grade. Ten minutes in the opposite direction is the airport, and Hobart CBD is a mere 20-minute commute.
This one will resonate with a range of buyers so be quick to schedule an inspection.
Council Rates: $1,725.00 per annum (approx.)
Water Rates: $1,000.00 per annum (approx.)
Rental Estimate: $480 - $500 per week (approx.)
Disclaimer: Every effort has been made to ensure the accuracy of the information contained herein. While there is no reason to doubt it's accuracy, guarantee cannot be assured. The content is not intended as advice and as such cannot be taken as absolute fact. Accordingly, all interested parties should make their own enquiries to verify this information.
Listing description written by Colin Miller, Harcourts Hobart — reproduced as published, not verified by Districts.