Warrane at a glance
2,655
People
$666,000
Median sale
$484/wk
Median rent
3.78%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
$250,000
Last sold
8 Dec 2016
3
Bedrooms
1
Bathrooms
2
Car spaces
678 m²
Land
95 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
$250,000
8 Dec 2016 · derived via latest_sale
Local land rate: recorded House sales in Warrane (last 5 years) with land size have a median of $796/m² of land (n=42). Districts calculation from recorded sales — not a valuation.
Warrane at a glance
2,655
People
$666,000
Median sale
$484/wk
Median rent
3.78%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
Vs Warrane
-62.5%
Median sale
Suburb $666,000
+6.29 pp
Gross yield
Suburb 3.78%
Suburb median $666,000 from 5 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 $484/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
Warrane at a glance
2,655
People
$666,000
Median sale
$484/wk
Median rent
3.78%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Petrusma Property Sandy BayIdeally located near the ever popular Eastlands Shopping Centre and services, this three bedroom home provides the perfect opportunity for the astute buyer to add to their portfolio, or the first home buyer to enter the market. Currently an investment property with fantastic long term tenants willing to stay on paying $320 per week.
Located at the Mornington roundabout end of Warrane, this weatherboard home is in a sunny position with a great flowing floorplan, and provides a fantastic opportunity to renovate to your liking. Featuring a lovely updated kitchen with floorboards, this space is light and bright and provides ample storage and quality appliances including a dishwasher. Flowing on from this space is decent sized living and dining area with the comfort of a reverse cycle heat pump.
The home offers three bedrooms, two of which have the convenience of built in wardrobes, and is serviced by a main bathroom including a shower over bath and seperate toilet. The fully fenced yard is large, low maintenance and provides the ideal space for children and pets alike. Featuring a large double shed and 2 smaller garden sheds, there is plenty of room to house the tools, and undercover timber decking off the home offers a great area for entertaining and enjoying the afternoon sun.
This property is just a short drive to Eastlands Shopping Centre, popular schools and cafes, as well as the Kangaroo Bay foreshore precinct which is home to a range of regional and local events including the Clarence Jazz Festival, Seafarer's Festival, Crown Series Yachting Regatta, and numerous other community and recreational activities.
Additionally, it is only a short drive to Hobart's city centre, the Hobart International Airport and Blundstone Arena.
- Ample OSP and storage sheds
- Updated kitchen with quality appliances
- Large and level fully fenced yard
- Opportunity for renovators to modernise
- Close to schools, shops and services
Year Built: 1952
Construction: Weatherboard
Roof: Galvanized Iron
Heating: Wood heater & reverse cycle heat pump
Annual Council Rates: $1150 approximately
Annual Water Rates: $800 - $1000 approximately
Rental Per Week - $320 per week, lease expires March 2017
Listing description written by Jake Towns, Petrusma Property Sandy Bay — reproduced as published, not verified by Districts.