Cressy at a glance
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Median sale
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Suburb gross yield
TAS › Cressy › Saundridge Rd
$699,000
For sale
Asking
3
Bedrooms
1
Bathrooms
3
Car spaces
2,343 m²
Land
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
Asking
$699,000
Asking · $298/m² of land
No recorded sale for this property.
Cressy at a glance
No data
Median sale
No data
Median rent
No data
Suburb gross yield
$30,662 on top of the price (4.4% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Tasmania schedules from 2026-07-01. Ongoing council rates and land tax are not included.
No rent is recorded for this listing. Enter a weekly rent to model yield.
Enter a purchase price and weekly rent to calculate yield.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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 and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.
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.
0 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
UnknownNo advertised rent and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.
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
Cressy at a glance
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Median sale
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Median rent
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Suburb gross yield
Listing material
Listed by Harcourts Northern MidlandsPositioned on approximately 2,343m² in the heart of picturesque Cressy, this solid brick home, built in 1983, offers the perfect blend of space, comfort and country charm. Framed by sweeping rural views, generous living spaces and exceptional outdoor entertaining, this is a home you'll love returning to each day.
Designed for comfortable family living, the home features three spacious bedrooms, all with built-in wardrobes. The central bathroom includes a large bathtub, while a separate toilet and internal laundry add everyday convenience.
At the heart of the home is a spacious kitchen with ample storage and bench space, perfectly positioned to overlook the backyard. Flowing effortlessly from the kitchen is the inviting lounge room, where a cosy wood fire and reverse cycle air conditioner provide year-round comfort. A built-in bar connects seamlessly to the outdoor entertaining area, making it easy to host family and friends in every season.
Step outside and discover one of the home's standout features. The expansive covered entertaining area captures stunning views across the surrounding countryside, creating the perfect place to enjoy your morning coffee, weekend barbecues or simply unwind while taking in the peaceful setting.
Adding further flexibility is a large second living area or rumpus room. Originally a double garage, this space could easily be converted back by removing the internal wall in front of the original garage doors, allowing buyers to adapt the home to suit their lifestyle.
Outside, the property offers two carports, plenty of room for children and pets to enjoy, and a generous allotment with endless potential to create your own outdoor oasis.
Situated in the welcoming township of Cressy, you'll enjoy the best of country living while remaining just 10 minutes from Longford and approximately 30 minutes from Launceston. Renowned for its friendly community, excellent schools, local cafés and relaxed lifestyle, Cressy continues to be one of Northern Tasmania's most sought-after country towns.
Whether you're searching for your first home, a place to raise a family or a peaceful country escape, this charming property presents an exceptional opportunity to secure a lifestyle that is becoming increasingly hard to find.
The Facts:
• Building size: 183m²
• Land size: 2,343m² approx
• Year built 1983
• Rental assessment: $600 p.w.
• Council rates: TBC
• Zoning: Future Urban
• Municipality: Northern Midlands Council
Harcourts Northern Midlands has obtained all information in the document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to conduct their own due diligence.
Listing description written by Chelsea Briggs, Harcourts Northern Midlands — reproduced as published, not verified by Districts.