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TAS › Cygnet › Wattle Grove Rd

229 Wattle Grove Rd, Cygnet TAS 7112

House

$1,250,000

Last sold

3 Sept 2025

6

Bedrooms

3

Bathrooms

12

Car spaces

202,300 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,250,000 (3 Sept 2025).(Recorded sale)
  • FactLand 202,300 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Cygnet (last 5 years) with land size: median $667/m² of land (n=41). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned Rural (115.20) under the Huon Valley Local Provisions Schedule.(theLIST · 31 Aug 2026)

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. 1No 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

What this lot has actually traded at

Last sold

$1,250,000

3 Sept 2025 · derived via latest_sale

Local land rate: recorded House sales in Cygnet (last 5 years) with land size have a median of $667/m² of land (n=41). Districts calculation from recorded sales — not a valuation.

Cygnet at a glance

1,939

People

$778,000

Median sale

$460/wk

Median rent

3.07%

Suburb gross yield

Median sale from 17 recorded sales (last 12 months) — a Districts calculation.

See the full Cygnet report →

Vs Cygnet

+60.7%

Median sale

Suburb $778,000

-1.16 pp

Gross yield

Suburb 3.07%

Suburb median $778,000 from 17 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

Huon Valley Local Provisions Schedule

Zone

Rural

115.20

Jurisdiction

Huon Valley

Huon Valley, TAS

Planning overlays

  • Data unavailable

Development activity

Data unavailable

Source

  • Provider: theLIST
  • Dataset: Tasmanian Planning Scheme Zones
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 1882981

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. Sold$1,250,0003 Sept 2025
  2. Listedprice unknowncompleted30 May 2025
  3. Listedprice unknowncompleted30 May 2025

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?

Confidence: medium

Zoned Rural · 115.20 (Huon Valley Local Provisions Schedule). Official parcel area about 64,148 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $460/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

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

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.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned Rural · 115.20 (Huon Valley Local Provisions Schedule). Official parcel area about 64,148 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

    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?

    Knownmedium

    Official parcel about 64,148 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

    Unknown

    Flood overlay has not been queried for this lot. 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

    No DA adapter returned applications 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

Cygnet in one glance

Cygnet at a glance

1,939

People

$778,000

Median sale

$460/wk

Median rent

3.07%

Suburb gross yield

Median sale from 17 recorded sales (last 12 months) — a Districts calculation.

See the full Cygnet report →

Keep researching

  • Why Cygnet? Read the area thesis →
  • What else is on the market in Cygnet →
  • Other records on Wattle Grove Rd →

Listing material

Listed by Harcourts Huon Valley

Mesmerising Views

Situated on top of a hill in between Cygnet and Wattle Grove this unique, almost 50 acre property takes in the views of Mount Wellington, Sleeping Beauty and the rolling hills over Cygnet to the North, along with magnificent Southerly views over to Bruny Island, Port Cygnet, Huon River and D'Entrecasteaux Channel, to the south. The view continues on out to the Hartz mountain ranges and Tasmania's south west world Heritage area in the west, from this private and unique location.

Just minutes from the popular Cygnet township, featuring a mixture of level and gently sloping pasture paddocks, mature gumtrees, including magnificent blue gums and a huge dam which is more than ample for any agricultural purposes you could have in mind for this great property, with a nice undulation there is plenty to enjoy and explore around this beautiful piece of land.

There is approximately one acre of mature blueberry bushes that have been established for many years, giving you instant income potential from the property and also offer a seasonal changing colour to the landscape, in the foreground of that stunning view of Bruny Island from both the house and the self-contained cabin.

Read the full description

The dwellings provide a combination of options with a flexible layout and the ability to have multiple families under the roof of the house, with 4 bedrooms and a bathroom on the entry level, along with 1 bedroom, a bathroom and living area downstairs. Plus additional family members can utilise the fully self-contained cottage that has council approval in place to be used as an Airbnb.

The home features a slow combustion stove with a wet back and new hot water cylinder, offering hydronic heating that is situated throughout the entry level bedrooms, and the living area of the home along with providing a wonderful cooking source, additionally there is a wood heater and a reverse cycle air conditioner. The owners have recently repainted, replaced the carpets and installed a new dishwasher. The kitchen includes both a wood oven and a brand new electric oven for cooking, along with a stainless steel fridge and there is also a brand-new main bathroom with underfloor heating, and modern finishes including a Bluetooth mirror with a built-in heating feature.

Positioned to capture both the northern sun and also the stunning views from every window in the home, all framing the unique view toward the mountains, native bushland and established gardens.

Continuing outside the large timber shed fits into the natural landscape providing ample space for machinery storage with a workshop while being located close to the house and cabin. The property is self-sufficient with multiple water tanks and a septic system which has been upgraded recently and has really only power as its outgoing cost.

The lower paddocks are fenced to accommodate livestock, leaving the house, cabin and shed area free for you to utilise or could easily be immediately fenced if you'd prefer. The access to the property is from the council road via a crown reserved road and is shared with one other property which is located on the northern side of the hill.

Overall the options are endless with this stunning property, with a mixture of pasture and mature native bushland, you can enjoy the wildlife whilst still having the option of creating a hobby farm with your own animals, while accommodating all family members and guests or to create an ongoing income.

Offering privacy, peace and quiet but still being close to neighbours so you don't feel too isolated. The surrounding peaceful environment allows your very own country escape while having the convenience of shops and services close by.

Located within a short drive of the Cygnet town centre, where there are cafes, supermarkets, schools and services, along with a wonderful monthly local market. This home and property offers an idyllic, sought after lifestyle in the Huon Valley, just 50 minutes from Hobart. Continue along Wattle Grove road and you can turn 1 of 3 directions to the Cygnet Coast road loop and reach the bays and coast within 5 minutes from the home and enjoy the calm sheltered waterways of the Huon River and Port Cygnet.

Please contact us anytime if you have further questions or would like to arrange to inspect this beautiful property.

Rates $2300 approx pa

Listing description written by Nick Bond, Harcourts Huon Valley — reproduced as published, not verified by Districts.

Property features

  • Balcony
  • Built-in Robes
  • Dishwasher
  • Ensuites: 2
  • Floorboards
  • Toilets: 3
  • Water Tank
  • Workshop
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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.