Clarendon Vale at a glance
1,639
People
$500,000
Median sale
$540/wk
Median rent
5.62%
Suburb gross yield
Median sale from 11 recorded sales (last 24 months) — a Districts calculation.
TAS › Clarendon Vale › Breedon Way
$508,000
Last sold
10 Sept 2021
3
Bedrooms
2
Bathrooms
2
Car spaces
443 m²
Land
109 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
$508,000
10 Sept 2021 · derived via latest_sale
Local land rate: recorded House sales in Clarendon Vale (last 5 years) with land size have a median of $671/m² of land (n=30). Districts calculation from recorded sales — not a valuation.
Clarendon Vale at a glance
1,639
People
$500,000
Median sale
$540/wk
Median rent
5.62%
Suburb gross yield
Median sale from 11 recorded sales (last 24 months) — a Districts calculation.
Vs Clarendon Vale
+1.6%
Median sale
Suburb $500,000
-0.09 pp
Gross yield
Suburb 5.62%
Suburb median $500,000 from 11 recorded sales (last 24 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 $540/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
Clarendon Vale at a glance
1,639
People
$500,000
Median sale
$540/wk
Median rent
5.62%
Suburb gross yield
Median sale from 11 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Harcourts HobartThis 2020 built, large 3-bedroom, 2-bathroom brick home is situated in the rapidly growing and well serviced suburb of Clarendon Vale. With the neighbouring world class Glebe Hill Village shopping centre now under construction, as well as a proposed major upgrade to the Bayview Heights High School, this property is perfectly positioned to take advantage of the benefits both will bring to nearby residents. Located in a new homes cul-de-sac and opposed by vacant bushland, this property certainly is perfectly situated.
Whilst this property will be available for vacant possession, investors could attract approximately $420-$450 per week in rent, making it an extremely strong yield proposition. Capital investors will also be impressed by Clarendon Vale's 8.4% median sale price growth over the past 12 months and 118% growth over the past 5 years, well in advance of the general market (Sales data source REIT website June 2021)
The home features a lovely open plan living and dining space, serviced by a modern kitchen that is well appointed with quality appliances.
Quality carpeting provides the flooring for the living room and bedrooms, beautifully contrasted by timber floating floors in the kitchen and dining area.
All 3 bedrooms have built in robes whilst the home sound and temperature insulation is maximised by double glazed windows and quality blinds in all rooms.
The main bedroom is serviced by a very smart ensuite featuring a shower, toilet and vanity.
The generously sized main bathroom houses a bath, shower and vanity with the toilet being located separately. A modern internal laundry completes this Ronald Young designed and built home.
Best to act quickly and contact Mark Weaver as this property will create plenty of interest.
Council Rates Approx. $1300 per annum
Water Rates Approx. $1000 per annum
Rental Estimate Approx. $420-$450 per week
- 2020 built by award winning Ronald Young Builders
- 443m2 flat block with garden shed (unassembled) and clothesline
- Located 20mins from Hobart's CBD
- Popular and convenient location close to shopping centres and schools
- High yield investment opportunity
Disclaimer: Every effort has been made to ensure the accuracy of the information contained here in. While there is no reason to doubt it's accuracy, guarantee can not be assured. The content is not intended as advice and such as can not be taken as absolute fact. Accordingly all interested parties should make their own enquiries to verify this information.
Listing description written by Mark Weaver, Harcourts Hobart — reproduced as published, not verified by Districts.