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TAS › Queenstown › Mcnamara St

27-31 Mcnamara St, Queenstown TAS 7467

For saleHouse

$790,000

For sale

Asking

3

Bedrooms

2

Bathrooms

8

Car spaces

5,239 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $790,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $790,000(Listing record · 23 Jan 2026)
  • FactLand 5,239 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Queenstown (last 5 years) with land size: median $342/m² of land (n=135). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 285% above the Queenstown median recorded sale ($205,000, n=54, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Queenstown's advertised median rent ($292/wk), implied gross yield would be 1.92% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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

The ask against the evidence

Asking

$790,000

Asking · $151/m² of land

No recorded sale for this property.

Local land rate: recorded House sales in Queenstown (last 5 years) with land size have a median of $342/m² of land (n=135). Districts calculation from recorded sales — not a valuation.

Queenstown at a glance

1,828

People

$205,000

Median sale

$292/wk

Median rent

7.41%

Suburb gross yield

Median sale from 54 recorded sales (last 12 months) — a Districts calculation.

See the full Queenstown report →

Vs Queenstown

+285.4%

Median sale

Suburb $205,000

-5.49 pp

Gross yield

Suburb 7.41%

Suburb median $205,000 from 54 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$790,000
Stamp Duty (Tasmania)
$30,735
Transfer/Registration Fee
$257
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$824,692

$34,692 on top of the price (4.4% extra)

  • Stamp Duty (Tasmania)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Tasmania schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Queenstown's advertised median rent — not a rent for this listing.

Net yield
0.42%
Annual cashflow (pre-tax)
$-37,746
Interest cover (DSCR)
0.08
Annual rent
$15,184
Operating expenses
$11,850
Loan amount
$632,000
Annual interest
$41,080
Gross yield
1.92%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

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. Listed$790,000available23 Jan 2026

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 $292/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

Gross yield if leased at the suburb aggregate is 1.9%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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

Queenstown in one glance

Queenstown at a glance

1,828

People

$205,000

Median sale

$292/wk

Median rent

7.41%

Suburb gross yield

Median sale from 54 recorded sales (last 12 months) — a Districts calculation.

See the full Queenstown report →

Keep researching

  • Why Queenstown? Read the area thesis →
  • What else is on the market in Queenstown →
  • Other records on Mcnamara St →

Listing material

Listed by Harcourts West Coast

One of a Kind - Fully Renovated Historic Residence!

This generous and versatile home, dating from 1891, was built by Queenstown's pioneer merchant Frederick Ormiston Henry. Meticulously renovated, the home presents in immaculate condition, combining rich heritage with modern upgrades to create a truly exceptional residence.

The kitchen includes an electric oven with induction cooktop and dishwasher plus excellent storage drawers and cupboards. This space flows seamlessly into the dining area opening onto a partly covered deck. Between the kitchen/dining area and the living room is the original formal dining room which is currently being utilised as a study/library. This layout adds both character and flexibility which would suit many purposes.

The well-proportioned and generous north facing living room opens onto the veranda via a stunning door featuring beautiful stained glass, enhancing both the aesthetics and natural light of the entrance way.

Read the full description

Heating includes a large wood heater in the living room and a ducted and zoned Mitsubishi Heavy Industries induction reverse cycle system to maintain a comfortable temperature throughout the year.

The home has been newly painted throughout, and floorboards restored and well finished adding warmth and authenticity to every room.

The main bathroom has been fully renovated with a claw foot bathtub, walk-in shower, and full tiling throughout. This room opens to both the hallway and the large laundry with built in storage.

The north facing main bedroom has large windows overlooking the veranda and Sedgwick Bluff plus generous built-in wardrobes.

One bedroom has been upgraded to include an en-suite with shower, toilet and vanity, ideal for guests or extended family. There is also a built-in wardrobe.

A third bedroom with a built-in wardrobe is located at the end of the hallway.

An additional room currently utilized as an art studio has French doors opening onto a covered west facing deck plus a single door to the front veranda, making it a flexible space for creative pursuits, a home office, or as a private retreat.

Outside, the improvements continue. The carport has been extended to accommodate additional vehicles. A substantial 30 solar panels have been installed to support energy efficiency.

The grounds have been extensively landscaped with predominantly Australian native species which blend the home into its natural surroundings. In addition, 27 fruit trees plus a variety of berry fruits have been planted and are now coming into production.

At the top of the property there is, a felled tree which has been carved into a beautiful sitting area, offering breathtaking views across Queenstown and Mt. Owen. Timber walkways have been installed to improve access throughout the grounds, allowing easy enjoyment of the elevated outlook and landscaped areas.

There are two access points to the property. One is the driveway with generous parking and turning space at the house., The other is a walkway from the eastern end of the property which also allows vehicle access.

A 6 meter by 4 meter shed is located on the driveway providing ample additional storage space.

The house grounds are on 6 titles allowing for the possibility of subdivision (STCA). A prior house site and old tennis court site are part of those divisions.

This is a rare opportunity to secure a fully renovated, historically significant home.

Please call Rodney to discuss further or to arrange an inspection.

(Please note that NBN is available for connection to the property)

The information on this website has in part been supplied Harcourts West Coast by third parties and all information is published solely for potential purchasers to assist them in deciding whether or not they wish to make further enquiries about the properties. Harcourts West Coast has not checked the accuracy of the information and does no more than pass it on.

Listing description written by Rodney Triffett, Harcourts West Coast — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Floorboards
  • Tennis Court
  • Toilets: 1

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

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