Mount Stuart at a glance
2,440
People
$887,500
Median sale
$554/wk
Median rent
3.25%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
TAS › Mount Stuart › Montagu St
$801,000
Last sold
17 Nov 2017
6
Bedrooms
4
Bathrooms
4
Car spaces
799 m²
Land
260.129 m²
Building
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
$801,000
17 Nov 2017 · derived via latest_sale
Mount Stuart at a glance
2,440
People
$887,500
Median sale
$554/wk
Median rent
3.25%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
Vs Mount Stuart
-9.7%
Median sale
Suburb $887,500
+0.35 pp
Gross yield
Suburb 3.25%
Suburb median $887,500 from 6 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 $554/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
Mount Stuart at a glance
2,440
People
$887,500
Median sale
$554/wk
Median rent
3.25%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Petrusma Property Sandy BayThis exceptional investment property has potential earnings of $980 per week. Originally constructed in1940, and presented in an excellent condition, the original home has been transformed into four quality flats. Maintained throughout to the highest standard this property has three current leases in place and a fourth available to be leased upon settlement.
The accommodation is split over two levels. The upstairs level has expansive views and consists of two large flats. Flat 1 has a large master bedroom basking in some amazing views and a sundeck off the living. Flat 2 has been tastefully upgraded with open plan living and a large master bedroom. Although split into two, this level could be easily converted back into a family home with the reinstatement of a door.
Downstairs there are a further two flats. Flat 3 you enter through the living room with a small kitchen to the right and then running through from the left is the main bedroom which also has a combined bathroom/laundry. Flat 4 you enter through the kitchen and is more of a bedsit with a combined living/bedroom and bathroom/laundry.
The low maintenance yards are in good condition, there is a communal washing line and ample off street parking. Close proximity to North Hobart shopping precinct, schools and cafes this property presents a great opportunity to secure a low maintenance investment close to the city.
48 hours' notice is required for inspections.
- Prime investment opportunity
- 2 x 2 bed flats, 2 x 1 bed flats
- Quality renovations throughout
- Rental income potential of $980 per week
- Under 10 minutes to the Hobart CBD
Year built: 1940
Construction: Weatherboard/Brick
Heating: Flats 1 & 2 gas, 3 & 4 elec
Council Rates: $2,500 per annum approx.
Water Charges: $1,450 per annum approx.
Estimated Rental Return: $980 per week
Listing description written by Sam Monks, 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.