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TAS › Geilston Bay › Bellemont Ct

29 Bellemont Ct, Geilston Bay TAS 7015

For saleLand for Sale

$250,000

For sale

Asking

0

Bedrooms

0

Bathrooms

0

Car spaces

817 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $250,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $250,000(Listing record · 25 Aug 2022)
  • FactLand 817 m²; no building size recorded.(Property record)
  • CalculationAsk is 70% below the Geilston Bay median recorded sale ($820,000, n=15, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Geilston Bay's advertised median rent ($563/wk), implied gross yield would be 11.71% — 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

$250,000

Asking · $306/m² of land

No recorded sale for this property.

Geilston Bay at a glance

3,654

People

$820,000

Median sale

$563/wk

Median rent

3.57%

Suburb gross yield

Median sale from 15 recorded sales (last 12 months) — a Districts calculation.

See the full Geilston Bay report →

Vs Geilston Bay

-69.5%

Median sale

Suburb $820,000

+8.14 pp

Gross yield

Suburb 3.57%

Suburb median $820,000 from 15 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$250,000
Stamp Duty (Tasmania)
$7,935
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
$261,892

$11,892 on top of the price (4.8% 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 Geilston Bay's advertised median rent — not a rent for this listing.

Net yield
10.21%
Annual cashflow (pre-tax)
$12,526
Interest cover (DSCR)
1.96
Annual rent
$29,276
Operating expenses
$3,750
Loan amount
$200,000
Annual interest
$13,000
Gross yield
11.71%

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$250,000available25 Aug 2022
  2. Listed$235,000availabledate unknown

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 $563/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.

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 11.7%. 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

Geilston Bay in one glance

Geilston Bay at a glance

3,654

People

$820,000

Median sale

$563/wk

Median rent

3.57%

Suburb gross yield

Median sale from 15 recorded sales (last 12 months) — a Districts calculation.

See the full Geilston Bay report →

Keep researching

  • Why Geilston Bay? Read the area thesis →
  • What else is on the market in Geilston Bay →
  • Other records on Bellemont Ct →

Listing material

Listed by One Agency Sorell

Imagine You Here - Competitive Price Reduction

A generous large vacant building block of 817m2 (lot 3) with access to all services (underground). Significant new homes surround one of the last remaining vacant lots in this new well located subdivision area of Geilston Bay.

Now at a competitively reduced price indicator, this block has a sunny westerly aspect with great views of the valley through to Lindisfarne and north toward Risdon with Mt Wellington visible above the ranges. A parcel that is now priced to sell at a very competitive level in the market for this size and therefore helping the build budget. The land is mostly unrestricted as far as covenants and easements other than the services easement along the bottom fence line. Building works now establishing on all sides meaning your plans for this allotment can be done with confidence about the impact of the neighboring properties. An ideal lot to consider something that is a bit different to normal.

The new highway upgrade through Geilston Bay makes this block location an ideal central and convenient commuter location to much of the major centres and attractions in the greater Hobart area. The centre of Hobart, Bellerive beach, Northern suburbs, Mona, Cambridge and Airport, Richmond and Coal River district are all of a similar convenient timeframe from this location.

Read the full description

The owner reserves the right to accept offers at any time.

For further details, please do not hesitate to contact us.

Listing description written by Gavin Shaw, One Agency Sorell — reproduced as published, not verified by Districts.

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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.