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TAS › West Launceston › Wyndella St

27 Wyndella St, West Launceston TAS 7250

House

$575,000

Last sold

19 June 2023

4

Bedrooms

2

Bathrooms

2

Car spaces

736 m²

Land

126 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 $575,000 (19 June 2023).(Recorded sale)
  • CalculationLand 736 m² against a 126 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in West Launceston (last 5 years) with land size: median $861/m² of land (n=106). 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

$575,000

19 June 2023 · derived via latest_sale

Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.

Local land rate: recorded House sales in West Launceston (last 5 years) with land size have a median of $861/m² of land (n=106). Districts calculation from recorded sales — not a valuation.

West Launceston at a glance

4,336

People

$705,000

Median sale

$527/wk

Median rent

3.89%

Suburb gross yield

Median sale from 41 recorded sales (last 12 months) — a Districts calculation.

See the full West Launceston report →

Vs West Launceston

-18.4%

Median sale

Suburb $705,000

+0.88 pp

Gross yield

Suburb 3.89%

Suburb median $705,000 from 41 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

20222023$610k$575k
  • Sold (recorded)
  1. Sold$575,00019 June 2023
  2. Listedprice unknowncompleted5 Mar 2023
  3. Sold$610,0003 Mar 2022
  4. Listedprice unknowncompleted26 Jan 2022

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 $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.

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

West Launceston in one glance

West Launceston at a glance

4,336

People

$705,000

Median sale

$527/wk

Median rent

3.89%

Suburb gross yield

Median sale from 41 recorded sales (last 12 months) — a Districts calculation.

See the full West Launceston report →

Keep researching

  • Why West Launceston? Read the area thesis →
  • What else is on the market in West Launceston →
  • Other records on Wyndella St →

Listing material

Listed by Harcourts Launceston

Opportunity Knocking!

Introducing 27 Wyndella Street that is ideally positioned just 6 minutes from Launceston's CBD and the Launceston General Hospital and just 5 minutes from Launceston's iconic Cataract Gorge. Here is an opportunity to secure a solid investment, first home or a renovation project that has the potential for a fantastic future return when you purchase in one of Launceston's most desirable suburbs. The property meets all standards for a rental and you could move a new tenant in straight away to capitalise on Launceston's buoyant rental market, move in yourself and update as you go or flip the property and reap the rewards that West Launceston is producing for fully refurbished properties. This property has a spacious and functional floor-plan with great flow between the two levels and the gorgeous city and mountain views are a highlight. The combined kitchen and dining leads to both a well-positioned outdoor deck and large lounge area that enjoys reverse cycle heating. The master with en-suite and a further two bedrooms and main bathroom with separate toilet are upstairs. Downstairs has a huge rumpus area or fourth bedroom with separate laundry and second toilet with large garage that enjoys both remote and internal access. Updated metre box and NBN. Sure to be a popular opportunity in this moving market. Don't wait!

Year Built: 1976

Building Size: 126m2

Read the full description

Land Size: 736m2

Rental Estimate: $550 per week

*Harcourts Launceston has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate.

Listing description written by Shelley Spencer, Harcourts Launceston — reproduced as published, not verified by Districts.

Property features

  • Toilets: 2

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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.