Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

TAS › Dynnyrne › Waterworks Rd

25 Waterworks Rd, Dynnyrne TAS 7005

House

$1,700,000

Last sold

31 Mar 2023

5

Bedrooms

3

Bathrooms

6

Car spaces

1,583 m²

Land

292 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 $1,700,000 (31 Mar 2023).(Recorded sale)
  • CalculationLand 1,583 m² against a 292 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Dynnyrne (last 5 years) with land size: median $1,465/m² of land (n=18). 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

$1,700,000

31 Mar 2023 · derived via latest_sale

Local land rate: recorded House sales in Dynnyrne (last 5 years) with land size have a median of $1,465/m² of land (n=18). Districts calculation from recorded sales — not a valuation.

Dynnyrne at a glance

1,556

People

$965,000

Median sale

$543/wk

Median rent

2.93%

Suburb gross yield

Median sale from 9 recorded sales (last 24 months) — a Districts calculation.

See the full Dynnyrne report →

Vs Dynnyrne

+76.2%

Median sale

Suburb $965,000

-1.27 pp

Gross yield

Suburb 2.93%

Suburb median $965,000 from 9 recorded sales (last 24 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$1,700,00031 Mar 2023
  2. Listedprice unknowncompleted21 Mar 2023

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 $543/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

Dynnyrne in one glance

Dynnyrne at a glance

1,556

People

$965,000

Median sale

$543/wk

Median rent

2.93%

Suburb gross yield

Median sale from 9 recorded sales (last 24 months) — a Districts calculation.

See the full Dynnyrne report →

Keep researching

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

Listing material

Listed by Elders Real Estate Hobart

A statement family home with water views

Offered to market for the first time since construction, this much loved family home is a statement in design. A superb example of the P&O architectural style, named such for the Peninsula and Orient shipping company, given the dwelling's ship like boldness with curved frontages and strong horizontal lines, the home enjoys an elevated position in Dynnyrne taking in mesmerising 270 degree views from Mt Wellington, sweeping the River Derwent down to Wrest Point.

Architecture enthusiasts will be interested to know that its builder/owner Dudley Webb added an extra level to the design and set to work recycling 83,000 salvaged bricks retrieved from T.J Cane's workshop and other buildings being demolished. The curved corner windows of the main rooms have continuous 9ft glazing, believed by its manufacturer Giffards to have been one of the longest spans of curved glass in Australia at the time. Romantics will be interested to know that Dudley built the home upon request of his wife Doreen, who spotted a photo of the house in the pages of Australia's Pix Magazine and asked Dudley if they could build a house just like it for them and their four children. Held in the family for almost 60 years, this is a superb opportunity to acquire a distinctive family home in a sought after locale.

Set across three levels, the ground floor is dedicated to living with a living room and sitting room adjacent to either side of the entry foyer, dining room leading into the kitchen, bedroom/study and powder room and laundry facilities. A substantial, north facing deck takes in views and sunshine, the perfect spot for your morning coffee and twilight vino. A single car garage is accessed from the level, rear entrance.

Read the full description

The curved staircase to the upper level reveals the private master suite with ensuite bathroom, two further double bedrooms, study and central bathroom and separate WC. The upstairs balcony is arguably one of the best vantage points to watch the NYE fireworks and arrival of the Sydney to Hobart yachts. The lower ground floor enhances the flexibility of the home, accommodating a self-contained apartment comprising open plan living/dining and kitchen, double bedroom and bathroom.

Situated on a generous allotment of 1583sqm, with dual entrances allowing for the possibility of subdivision STCA. The property is surrounded by low maintenance, terraced gardens. There is off street parking for up to 6 vehicles and a second garage of 7m x 5.7m. Character filled and of solid double brick construction, contemporary updates and some double glazing enhance the amenity of the home.

This quiet and established neighbourhood is within easy reach of excellent schools and the shops, cafes and facilities of both South Hobart and Sandy Bay Villages. This is an exceptional opportunity to acquire a property of substantial proportions and become the next custodian of this much loved family home.

Listing description written by Abi Freeman, Elders Real Estate Hobart — reproduced as published, not verified by Districts.

Property features

  • Balcony
  • Built-in Robes
  • Dishwasher
  • Ensuites: 1
  • Living Areas: 4
  • Remote Garage
  • Reverse Cycle Aircon
  • Shed
Districts

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

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.