Bellerive at a glance
5,111
People
$992,000
Median sale
$618/wk
Median rent
3.24%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
TAS › Bellerive › Buscombe St
$1,140,000
Last sold
27 Nov 2023
3
Bedrooms
2
Bathrooms
2
Car spaces
1,359 m²
Land
150 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
$1,140,000
27 Nov 2023 · derived via latest_sale
Local land rate: recorded House sales in Bellerive (last 5 years) with land size have a median of $1,360/m² of land (n=78). Districts calculation from recorded sales — not a valuation.
Bellerive at a glance
5,111
People
$992,000
Median sale
$618/wk
Median rent
3.24%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Vs Bellerive
+14.9%
Median sale
Suburb $992,000
-0.42 pp
Gross yield
Suburb 3.24%
Suburb median $992,000 from 11 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 $618/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
Bellerive at a glance
5,111
People
$992,000
Median sale
$618/wk
Median rent
3.24%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Petrusma Property Sandy BayTake a look at this! An elevated, gently sloping block, simply amazing views and space! Not something that comes up for sale in this area very often, if ever?
There's so much on offer with this property. It's the perfect blank canvas / “dream maker” in a perfect location. The 1359m2 property has DA Approval to subdivide off a generous gently sloping 671m2 block.
POTENTIAL!
• to live off one of Bellerive's best streets on a large property with astounding views
• complete the subdivision and sell off the block
• develop the block by building 2 x Townhouses and retain the house (STCA)
• Stratum Title Development by converting the house into 2 Townhouses and build 2 x Townhouses on the vacant land (STCA)
• or indeed anything you can imagine?
Looking down over Blundstone Arena, the Derwent River and over the city towards kunanyi/Mount Wellington, the views here are captivating to say the least. And the location is just superb, convenient to multiple local schools, shops and all services.
The 1978 built, much loved double brick home is in great original condition and retains a lot of its character and charm. Whilst it is a currently a spacious 2-3 bedroom home it was cleverly designed from the outset to easily be converted into 2 x Townhouses, each with its own separate entrance. Potential of a dual income (STCA).
The house in its current configuration features an open plan dining and living area with large windows to soak in those fabulous views, as well as a delightful and unique glass atrium. The original timber and laminex style kitchen has plenty of bench and cupboard space, plus large windows allowing for lots of natural light.
The bedrooms built-in wardrobes, and the home has 2 bathrooms.
The grounds of this home are just delightful, and the garden surrounding the home has been well maintained and loved. The yard extending out the front of the home is low maintenance, with lawn and gum trees and extends all the way down to Alma Street. The Buscombe Street side of the block is a Reserve, enhancing the overall feeling of space and privacy.
This property has it all and is certain to attract a lot of interest! Don't miss out - contact me today to arrange a private inspection or to find out more.
Listing description written by Eddie Hoogenhout, Petrusma Property Sandy Bay — 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.