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 › Balamara St
4
Bedrooms
2
Bathrooms
3
Car spaces
669 m²
Land
2,675.608 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Bellerive (last 5 years) with land size have a median of $1,345/m² of land (n=79). 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.
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 LJ Hooker Pinnacle PropertyAnt's "Fluff-Free" Description...
Let's not overcomplicate this.
Big home. Big views. Big opportunity.
Whether you're chasing a high-performing short-stay, a walk-in/walk-out investment, or just need space for a growing tribe, this one ticks more boxes than I do at tax time.
And that's saying something!
The Good Stuff (and there's plenty of it):
* 4 genuine bedrooms spread across a flexible split-level layout, ideal for families or guest separation
* Oversized master with built-in storage and easy access to bathroom facilities
2.5 bathrooms including full main bathroom, ensuite, and additional toilet for convenience
* Generous 288sqm floorplan that actually feels like 288sqm, not one of those "creative" ones
* Expansive open-plan living and dining zone with room for both a proper lounge setup and full dining suite
* Large windows and elevated positioning that maximise natural light and capture those standout water and city views
* Seamless flow from living areas through to kitchen, making it practical for both everyday living and entertaining
* Well-appointed kitchen with ample bench space, storage, and full suite of appliances including dishwasher and oven
* Separate zones within the home allowing for multi-generational living or privacy between occupants
* Multiple split systems plus panel heaters to keep things comfortable year-round
* Solid brick construction, giving you durability, insulation, and a bit of peace of mind
* Garage with internal access plus additional off-street parking for guests or extra vehicles
* Private courtyard and established yard space, low maintenance but still enough to enjoy
Investor Angle - This Is Where It Gets Interesting:
* Proven short-stay setup with strong appeal to guests seeking space, views, and location
* Offered as a walk-in/walk-out opportunity, meaning income potential from day one
* Fully furnished including beds, sofas, appliances, TVs, whitegoods, and kitchen setup
* Layout allows for separation between sleeping zones and living areas, ideal for guest turnover and privacy
* Large living space and multiple bedrooms increase occupancy potential and nightly rate appeal
* NBN connected, which matters more than people think when it comes to guest reviews
* Low fuss property with no known major issues, making it a cleaner investment play
Location - Hard to Beat:
* Positioned in a quiet, established pocket of Bellerive with consistent buyer demand
* Approx. 1.7km to Bellerive Beach for morning walks or evening wind-downs
* Short distance to Blundstone Arena, local cafes, shops and services
* Easy commute into the Hobart CBD, making it attractive for both owners and guests
* Strong lifestyle location that continues to perform across both owner-occupier and investor markets
The Practical Bits:
* Land size: 668sqm with manageable outdoor areas
* Year built: 1992 with solid brick construction
* Heating and cooling: multiple split systems plus panel heaters throughout
* Services: mains water, sewer, power, gas cylinder, NBN connected
Final Word (the honest bit):
It's not trying to be the flashiest home in Bellerive.
It doesn't need to be.
It's the kind of property that quietly makes sense. Whether that's cash flow, lifestyle, or a bit of both.
And in this market, that's exactly what buyers are chasing.
Onwards and upwards to your Bellerive investment beauty!
"I Work Harder - It's THAT Simple!"
Disclaimer: The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information.
Listing description written by Ant Manton, LJ Hooker Pinnacle Property — 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.