Gagebrook at a glance
1,549
People
$483,000
Median sale
$444/wk
Median rent
4.78%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
TAS › Gagebrook › Laurence Pl
$311,000
Last sold
30 Sept 2021
2
Bedrooms
1
Bathrooms
2
Car spaces
725 m²
Land
77 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
$311,000
30 Sept 2021 · 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 Gagebrook (last 5 years) with land size have a median of $602/m² of land (n=30). Districts calculation from recorded sales — not a valuation.
Gagebrook at a glance
1,549
People
$483,000
Median sale
$444/wk
Median rent
4.78%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Vs Gagebrook
-35.6%
Median sale
Suburb $483,000
+2.64 pp
Gross yield
Suburb 4.78%
Suburb median $483,000 from 8 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Brighton Local Provisions Schedule
Zone
General Residential
102.8
Jurisdiction
Brighton
Brighton, 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 · 102.8 (Brighton Local Provisions Schedule). Official parcel area about 725 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 $444/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 · 102.8 (Brighton Local Provisions Schedule). Official parcel area about 725 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 725 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
Gagebrook at a glance
1,549
People
$483,000
Median sale
$444/wk
Median rent
4.78%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Downton PropertyThis well presented affordable & secure home is located on a flat and extremely sunny block. Neighbouring the Jordan River and positioned within a short commutefrom all shopping, services and conveniences this property is most definitely one of the best available homes for sale in Gagebrook.
23 Laurence provides comfortable living across its floorplan with 2 large bedrooms both with new built in wardrobes, it also features roller shutters on the main bedroom and living room window.Alarge open plan lounge, dining and kitchen, newly renovated family bathroom and laundry with aseparate toilet make for a fantastic place to call home.
Whether you are buying your first home, your first investment or adding to your portfolio. At this figure the property provides a huge yield and an amazing addition to any portfolio.
Outside provides a large flat backyard with plenty of off street parking with a 3x3m garden shed also and potential to erect a larger shed or garage. The yard is safe and secure for children to play or pets to roam. You will be pleasantly surprised at all this home has to offer. The property is definitely worthy of an inspection. View its potential today!! Don't miss out!
The rental potential for this property is $230 - $250 as appraised by our Downton Propertys Property Management Department.
Thinking of Selling?
If you are curious to know the value of your home or are thinking of selling please contact James Lacey from Downton Property for your no obligation free market appraisal.
Buying the perfect property requires the perfect loan. With the best interest rates available and free consultations give Andrew or Sam a call today from Yellow Brick Road Wealth Management Hobart on 03 6135 4875 or head to www.ybr.com.au/hobart to check out what the team can do for you!
Listing description written by James Lacey, Downton Property — reproduced as published, not verified by Districts.