Ravenswood at a glance
3,950
People
$451,000
Median sale
$402/wk
Median rent
4.64%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
TAS › Ravenswood › Cromwell St
$420,000
Last sold
11 Nov 2024
2
Bedrooms
1
Bathrooms
4
Car spaces
668 m²
Land
105 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
$420,000
11 Nov 2024 · derived via latest_sale
Local land rate: recorded House sales in Ravenswood (last 5 years) with land size have a median of $526/m² of land (n=103). Districts calculation from recorded sales — not a valuation.
Ravenswood at a glance
3,950
People
$451,000
Median sale
$402/wk
Median rent
4.64%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Vs Ravenswood
-6.9%
Median sale
Suburb $451,000
+0.34 pp
Gross yield
Suburb 4.64%
Suburb median $451,000 from 15 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 $402/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
Ravenswood at a glance
3,950
People
$451,000
Median sale
$402/wk
Median rent
4.64%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Parry PropertyBe prepared to be pleasantly surprised when you step through the front door of 29 Cromwell Street, Ravenswood! This home has undergone a stunning transformation that will knock your socks off. What was once a standard house with small rooms has been cleverly renovated to create open, airy spaces, offering a genuine sense of "new." The heart of the home - the kitchen and dining area - has been reimagined with the removal of walls, the addition of a European laundry, brand-new appliances, and extra bench space, creating a modern kitchen with room to entertain.
The lounge room makeover is equally impressive, providing a spacious area to unwind while taking in scenic views over East Launceston, Newstead, and the mountains beyond. Two smaller bedrooms have been combined into one large master suite, complete with a generous walk-in robe, offering both luxury and practicality. Throughout the home, brand-new floor tiling and polished boards enhance the sense of style, and clever storage solutions like a walk-in pantry and large linen cupboard add convenience.
Modern touches continue with new doors throughout, complementing the contemporary feel. Outside, enjoy the best of both worlds with semi-rural living - paddocks next door, backyard vehicle access, and substantial shedding. All of this comes with the convenience of being just a five-minute drive from Launceston, placing everything you need right at your fingertips.
With a land size of 668m² (approx.) and a building size of 105m² (approx.), this 1963-built home offers space and charm. This isn't just a renovation; it's a transformation waiting for you to experience. Don't miss the chance to make 29 Cromwell Street, Ravenswood, your new home. Call now to arrange your inspection!
Land Size: 668m2 approx
Building Size : 105m2 approx
Year Built: 1963
Local Council: Launceston
Disclaimer - We have in preparing this document used our best endeavours to ensure the information is true & accurate. Prospective purchaser are advised to carry out their own investigations.
Listing description written by Ken Jones, Parry Property — reproduced as published, not verified by Districts.
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