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TAS › Cygnet › Wattle Grove Rd

238 Wattle Grove Rd, Cygnet TAS 7112

House

$880,000

Last sold

12 Dec 2024

4

Bedrooms

2

Bathrooms

6

Car spaces

44,700 m²

Land

213 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 $880,000 (12 Dec 2024).(Recorded sale)
  • CalculationLand 44,700 m² against a 213 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • 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?

  • 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.

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. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No 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

$880,000

12 Dec 2024 · 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

+13.1%

Median sale

Suburb $778,000

-0.35 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 data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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$880,00012 Dec 2024
  2. Listedprice unknowncompleted29 Oct 2024
  3. Listedprice unknowncompleted29 Oct 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?

Planning 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.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” 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.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • 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?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). 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

    Development applications have not been queried 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

Picturesque Country Living

Positioned on a North sloping 12 acre parcel of land, that was carefully selected by the original owners that constructed the home, inspired by NSW famous Rose Seidler House that mimics many of the homes design and was years ahead of Tasmanian designs, offering solar passive principals only becoming more common in the Tasmanian Market today.

Ridgelea really needs to be experienced to be fully appreciated, with the home Facing due north, the architectural design uses the natural elements to offer true solar passive benefits, with two sandstone brick walls offering thermal mass storage. And large north facing windows capture the sun all day, plus a rear corridor between the living space and the garage acts as a separation from the cold weather in the south and doubles as a breezeway.

This warm family home is set over two levels, the entry on the upper level welcomes you into the home and leads into the country kitchen and dining area, the bright and airy lounge room from here has big picture windows to take in the views. The master bedroom, study and two way bathroom are set on this level also. The front patio provides a beautiful, tranquil spot to enjoy both the surrounding scenery and rolling hills as far as the eye can see.

Read the full description

Continuing downstairs there are 3 more bedrooms, two of which are complete with built-in robes. This level also includes its own bathroom, sauna, laundry room, great under house access and storage and a tiled undercover entertaining area, ideal for again enjoying the beautiful views.

The double garage is under-roof providing direct access into the home for convenience, this could also be utilised as a workshop. Additionally the home has recently been completely repainted, which is complemented by new flooring and window furnishings throughout. The clever north facing design ensures the home comfortable all round, along with a wood heater and reverse cycle air conditioner.

Outdoors the options are endless with a mixture of pasture and mature native bushland, you enjoy the wildlife whilst still having the option of creating a small hobby farm with your own animals.

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. The surrounding peaceful environment allows your very own country to escape while having the convenience of shops and services close by.

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

Rates $1,650 approx pa.

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

Property features

  • Built-in Robes
  • Deck
  • Dishwasher
  • Ensuites: 1
  • Outdoor Entertaining
  • Secure Parking
  • Study
  • Toilets: 2
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.