Ulverstone at a glance
6,758
People
$585,500
Median sale
$452/wk
Median rent
4.01%
Suburb gross yield
Median sale from 64 recorded sales (last 12 months) — a Districts calculation.
TAS › Ulverstone › George St
$1,100,000
Last sold
13 Jan 2025
5
Bedrooms
2
Bathrooms
3
Car spaces
1,801 m²
Land
296 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
$1,100,000
13 Jan 2025 · derived via latest_sale
Local land rate: recorded House sales in Ulverstone (last 5 years) with land size have a median of $714/m² of land (n=117). Districts calculation from recorded sales — not a valuation.
Ulverstone at a glance
6,758
People
$585,500
Median sale
$452/wk
Median rent
4.01%
Suburb gross yield
Median sale from 64 recorded sales (last 12 months) — a Districts calculation.
Vs Ulverstone
+87.9%
Median sale
Suburb $585,500
-1.87 pp
Gross yield
Suburb 4.01%
Suburb median $585,500 from 64 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 $452/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
UnknownArea
Ulverstone at a glance
6,758
People
$585,500
Median sale
$452/wk
Median rent
4.01%
Suburb gross yield
Median sale from 64 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts Ulverstone & Penguin29 George Street, known as Wangford is one of the most impressive of our larger period homes in Ulverstone.
Originally built as a school in 1889, it was first known as the Ulverstone Preparatory School, then Ulverstone Grammar and Agricultural School. It continued as a school for 12 years. In 1901 the school was closed as the state school system was expanded to Ulverstone. It then became a home and renamed Wangford, after Wangford on the east coast of England.
The substantial home now boasts five bedrooms, two bathrooms, three living rooms, a dining room and a study.
There's also a larger double garage and an attached studio or workshop plus a carport high enough to accommodate a boat, caravan, camper van.
Gardens are well established and have a variety of fruit and native plants.
All this is set on a generously sized block of 1801m² (close to half an acre) in one of our most sought-after streets. It's an easy walk to the Ulverstone town center, local schools and some of our beautiful sandy beaches.
Feel welcome to phone Raymond Buitenhuis to arrange an inspection. You're sure to be impressed!
Land Size - 1801m²
House size - 296m²
Garage and studio - 92m²
Carport for boat, caravan or camper - 30m²
Built - 1889
Disclaimer:
While Harcourts Ulverstone & Penguin has taken every care to verify the accuracy of the details in this advertisement, we cannot guarantee its correctness. Prospective buyers need to take such action as is necessary, to satisfy themselves of any pertinent matters.
Listing description written by Raymond Buitenhuis, Harcourts Ulverstone & Penguin — reproduced as published, not verified by Districts.
Nearby 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.