Glenorchy at a glance
11,936
People
$668,500
Median sale
$527/wk
Median rent
4.10%
Suburb gross yield
Median sale from 74 recorded sales (last 12 months) — a Districts calculation.
TAS › Glenorchy › Milburn Pl
$600,000
Last sold
1 July 2025
3
Bedrooms
1
Bathrooms
3
Car spaces
703 m²
Land
111 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
$600,000
1 July 2025 · derived via latest_sale
Local land rate: recorded House sales in Glenorchy (last 5 years) with land size have a median of $953/m² of land (n=98). Districts calculation from recorded sales — not a valuation.
Glenorchy at a glance
11,936
People
$668,500
Median sale
$527/wk
Median rent
4.10%
Suburb gross yield
Median sale from 74 recorded sales (last 12 months) — a Districts calculation.
Vs Glenorchy
-10.2%
Median sale
Suburb $668,500
+0.47 pp
Gross yield
Suburb 4.10%
Suburb median $668,500 from 74 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 $527/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
Glenorchy at a glance
11,936
People
$668,500
Median sale
$527/wk
Median rent
4.10%
Suburb gross yield
Median sale from 74 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Slate Estate AgentsHave you been looking for an immaculate home in the Northern Suburbs at a reasonable price point? Then look no further than 24 Milburn Place, Glenorchy.
The owners have maintained this home extremely well, and is sure to impress first and second home buyers, families, and the astute investor.
There is also the potential for a second dwelling to be added at the rear of the property (subject to council approval - please do your own due diligence).
- Attractive street appeal in quiet cul-de-sac
- Lots of natural light streaming into the home
- Open plan living with stunning timber floorboards and tiling to the wet areas
- Updated kitchen, ducted rangehood, dishwasher, and ample cupboards and bench space
- Recent roof restoration, reverse cycle heat pump/air conditioner just serviced
- Modern tiled bathroom with separate shower, bath and vanity
- Generous laundry downstairs which has the versatility to be used as a rumpus
- Storage under the house, garden shed, fabulous sized backyard (fully secured) perfect for children/pets
- Secure off-street parking for up to 3 cars, upgraded driveway and paths with anti-slip texture
- Public reserve at the end of the cul-de-sac (Milburn Place Reserve)
- Opportunity to build additional dwelling at rear (STCA)
Located in such a convenient location being close to numerous schools, childcare facilities, Tolosa Park, mountain trails, local shops, and Hobart's CBD is only a mere 15 mins away. As you can see, this is a tremendous offering, and we look forward to helping you secure this lovely home.
Build year: c1971
LGA: Glenorchy City Council
Council rates: $1,900pa approx.
Water rates: $1,100pa approx.
Listing description written by Chris Hills, Slate Estate Agents — reproduced as published, not verified by Districts.