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TAS › Bridgewater › Old Main Rd

3 Old Main Rd, Bridgewater TAS 7030

House

$440,000

Last sold

14 June 2024

2

Bedrooms

1

Bathrooms

3

Car spaces

680 m²

Land

85 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $440,000 (14 June 2024).(Recorded sale)
  • CalculationLand 680 m² against a 85 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Bridgewater (last 5 years) with land size: median $666/m² of land (n=96). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

What this lot has actually traded at

Last sold

$440,000

14 June 2024 · derived via latest_sale

Local land rate: recorded House sales in Bridgewater (last 5 years) with land size have a median of $666/m² of land (n=96). Districts calculation from recorded sales — not a valuation.

Bridgewater at a glance

5,066

People

$508,000

Median sale

$444/wk

Median rent

4.54%

Suburb gross yield

Median sale from 36 recorded sales (last 12 months) — a Districts calculation.

See the full Bridgewater report →

Vs Bridgewater

-13.4%

Median sale

Suburb $508,000

+0.71 pp

Gross yield

Suburb 4.54%

Suburb median $508,000 from 36 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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. Sold$440,00014 June 2024
  2. Listedprice unknowncompleted20 May 2024

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 $444/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

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

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

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

Bridgewater in one glance

Bridgewater at a glance

5,066

People

$508,000

Median sale

$444/wk

Median rent

4.54%

Suburb gross yield

Median sale from 36 recorded sales (last 12 months) — a Districts calculation.

See the full Bridgewater report →

Keep researching

  • Why Bridgewater? Read the area thesis →
  • What else is on the market in Bridgewater →
  • Other records on Old Main Rd →

Listing material

Listed by Harcourts Hobart

Renovated character home close to the river

This beautifully renovated weatherboard home is located on the suburb fringes, a locale to be made even more peaceful with the imminent bridge relocation. With the Derwent shores just a short walk away, you daily stroll will become an absolute pleasure, or you can simply take in the serene river views from the sanctuary of your own backyard.

First home buyers, downsizers and investors will all be attracted by the low maintenance, beautifully finished nature of this property, there is simply nothing to do, but move in and enjoy.

There has been much care taken to modernise the home, whilst still allowing the 60's era character to be carefully preserved. A lovely neutral colour palette is balanced by warm textural wallpaper, and pops of blue throughout, creating a fun, beachy vibe to this super cool dwelling.

Read the full description

Built in 1967 this weatherboard construction has been immaculately maintained, all recently painted and framed by a lovely picket fence. Once inside, this meticulousness continues, with smart hybrid flooring, modern vertical blinds, and lovely ornate cornicing, all being complimented by a calming faux fireplace in the living room.

The kitchen is an absolute cracker featuring Euro appliances, glass splashbacks, soft close cabinetry and sleek modern benchtops, a real treat for the foodie of the house.

Both bedrooms are carpeted, with new blinds installed, whilst the main bedroom is of a very generous proportion and features built in robes. A white, functional bathroom contains a shower and vanity, whilst a separate toilet is available for your convenience.

The generous, level backyard can be conveniently accessed via the laundry and provides endless opportunities for you to explore. Currently the yard contains a garden shed/kids cubbyhouse and a single car garage that could be converted into a rumpus, gym or studio (STCA). The gentle flows of the Derwent can be seen from several points around the property, enhancing the appeal of this most welcoming abode.

Bridgewater is an evolving suburb within Hobarts northern suburbs. Bordering the Derwent River, the suburb houses two shopping centres and three schools and is only 5 minutes into the major town centre at Brighton and a 30-minute commute into the Hobart CBD.

Contact Mark Weaver quickly to ensure your inspection today.

• Deluxe modern kitchen, Euro appliances, sleek benchtops, soft close cabinetry.

• Preserved 60's heritage, cornices, textural wallpaper

• Generous master bedroom, carpeted, built in robes

• Large, level yard, single garage, garden shed, river views

• High yielding investment opportunity

Council Rates: $1,500 (Approx p.a.)

Water Rates: $1,000 (Approx p.a.)

Disclaimer: Every effort has been made to ensure the accuracy of the information contained here in. While there is no reason to doubt it's accuracy, guarantee can not be assured. The content is intended as advice and such as can not be taken as absolute fact. Accordingly all interested parties should make their own enquiries to verify this information.

Listing description written by Mark Weaver, Harcourts Hobart — reproduced as published, not verified by Districts.

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.