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TAS › Mowbray › Vermont Rd

232 Vermont Rd, Mowbray TAS 7248

House

$525,000

Last sold

23 Aug 2024

3

Bedrooms

1

Bathrooms

4

Car spaces

602 m²

Land

145 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $525,000 (23 Aug 2024).(Recorded sale)
  • CalculationLand 602 m² against a 145 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Mowbray (last 5 years) with land size: median $722/m² of land (n=109). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.
  • FactZoned Low Density Residential (120.10) under the Launceston Local Provisions Schedule.(theLIST · 1 Sept 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

$525,000

23 Aug 2024 · derived via latest_sale

Local land rate: recorded House sales in Mowbray (last 5 years) with land size have a median of $722/m² of land (n=109). Districts calculation from recorded sales — not a valuation.

Mowbray at a glance

4,146

People

$541,000

Median sale

$518/wk

Median rent

4.98%

Suburb gross yield

Median sale from 33 recorded sales (last 12 months) — a Districts calculation.

See the full Mowbray report →

Vs Mowbray

-3.0%

Median sale

Suburb $541,000

+0.15 pp

Gross yield

Suburb 4.98%

Suburb median $541,000 from 33 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

Launceston Local Provisions Schedule

Zone

Low Density Residential

120.10

Jurisdiction

Launceston

Launceston, TAS

Planning overlays

  • Data unavailable

Development activity

Data unavailable

Source

  • Provider: theLIST
  • Dataset: Tasmanian Planning Scheme Zones
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 6929283

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$525,00023 Aug 2024
  2. Listedprice unknowncompleted24 June 2024
  3. Listedprice unknowncompleted24 June 2024

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 Low Density Residential · 120.10 (Launceston Local Provisions Schedule). Official parcel area about 603 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 $518/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 Low Density Residential · 120.10 (Launceston Local Provisions Schedule). Official parcel area about 603 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 603 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

Mowbray in one glance

Mowbray at a glance

4,146

People

$541,000

Median sale

$518/wk

Median rent

4.98%

Suburb gross yield

Median sale from 33 recorded sales (last 12 months) — a Districts calculation.

See the full Mowbray report →

Keep researching

  • Why Mowbray? Read the area thesis →
  • What else is on the market in Mowbray →
  • Other records on Vermont Rd →

Listing material

Listed by Harcourts Launceston

Charming Brick Beauty with Stunning Views and Modern Amenities

Charming 1977 brick home on an elevated block offers breathtaking views of the North Esk River and cityscape. Featuring an 11-panel solar power system, beautiful timber floors and a large open-plan kitchen and dining area with deck access, this home combines elegance with functionality. Enjoy three generous double bedrooms, a bathroom with separate shower and spa bath, reverse cycle air conditioning and energy-efficient solar hot water.

Security is ensured with an alarm system and exterior cameras. Entertain with ease in two outdoor areas, and benefit from a double garage, carport and additional shed with workshop. Conveniently located near public transport, schools, shops and just six minutes from Launceston's CBD.

Key Features:

Read the full description

• Charming 1977 brick home on elevated block overlooking North Esk River & city

• 11 Panel solar power system - a great time to save energy

• Beautiful timber floors offer timeless elegance

• Enjoy beautiful city and rural views from the kitchen and deck

• Large open-plan kitchen and dining area

• Well-appointed kitchen with dishwasher and plenty of storage

• 3 Generous double size bedrooms - 2 with Built-ins

• Bathroom offers a separate shower and spa bath

• Separate toilet for added convenience

• Ease of comfort with a reverse cycle air conditioning

• Energy efficient solar heat pump hot water system

• Alarm system - self-reports to a mobile phone

• Exterior cameras with 90-day hard drive recording

• Two outdoor entertainment areas for all your family get togethers.

• Double garage with roller doors plus carport

• Extra-large additional shed with workshop space

• Close to public transport

• Close to supermarkets, schools & all city conveniences

• Close to private and public schools, University of Tas, Maritime College & TAFE

• Only 6 minutes' drive to Launceston's CBD

Contact Jeremy Wilkinson for further information.

Council Rates - $1711 pa approx.

Rental estimate: up to $480 pw

House size: 125 sqm

Garage under size: 20 sqm

Additional garage/shed size: 42 sqm

Land size: 602 sqm

Built: 1977

Council: Launceston

Zoning: General Residential

**Harcourts Launceston has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate**

Listing description written by Jeremy Wilkinson, Harcourts Launceston — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Alarm System
  • Built-in Robes
  • Deck
  • Dishwasher
  • Floorboards
  • Outdoor Entertaining
  • Remote Garage
  • Secure Parking
  • Shed
  • Solar Hot Water
  • Solar Panels
  • Toilets: 1
  • Workshop
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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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.