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.
TAS › Mowbray › Vermont Rd
$481,000
Last sold
24 Oct 2024
3
Bedrooms
1
Bathrooms
2
Car spaces
1,459 m²
Land
121 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
$481,000
24 Oct 2024 · derived via latest_sale
Local land rate: recorded House sales in Mowbray (last 5 years) with land size have a median of $726/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.
Vs Mowbray
-11.1%
Median sale
Suburb $541,000
+0.62 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 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 $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.
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
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.
Listing material
Listed by Ray White Living Here InvermaySet amidst mature and lush gardens, this home presents an excellent opportunity for first home buyers, investors or developers. The spacious approx 1,459m2 site provides future scope for development (STCA), though currently is home to lush gardens with an abundant selection of fruit trees, flowers and bulbs.
Comprising three spacious bedrooms, the master bedroom is of generous size and offers built-in storage. One of the two secondary bedrooms is currently configured as a second living area, though has traditionally been used as a bedroom. Both secondary bedrooms are also of good proportions.
The kitchen provides plentiful cupboard and bench space and adjoins the open plan dining, where sliding doors open to the entertaining deck with sweeping city views and lush gardens.
The bathroom has undergone recent tasteful renovations, the separate toilet offers further convenience. Heated and cooled with a reverse cycle system, cosy wood fire heater and heat transfer system, you can be sure to be kept comfortable in all seasons.
Immaculate gardens surround the home, offering a selection of fruit trees which include stella cherries, apricots, blood orange, raspberries, red globe grapes and many more. Ornamental trees, bulbs, flowers and heritage fruit trees like bramley apple, josephine pear and greengage plums make for a true sanctuary!
You will appreciate the convenience of the detached single car garage and workshop as well as the many secure parking options.
This home has been incredibly well looked after by the current owners. Perfectly suited for investors, downsizers, or first-home buyers and ideally positioned with easy access to public transport, a short five minute walk to the Mowbray shopping precinct where all essential services and amenities are at your fingertips. It is also a short eight minute drive to the Launceston CBD. Contact Lochie today to register your interest.
Listing description written by Lochie Reid, Ray White Living Here Invermay — reproduced as published, not verified by Districts.