New Town at a glance
6,802
People
$889,500
Median sale
$499/wk
Median rent
2.92%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
4
Bedrooms
1
Bathrooms
6
Car spaces
1,070 m²
Land
236 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in New Town (last 5 years) with land size have a median of $1,604/m² of land (n=72). Districts calculation from recorded sales — not a valuation.
New Town at a glance
6,802
People
$889,500
Median sale
$499/wk
Median rent
2.92%
Suburb gross yield
Median sale from 18 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 $499/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
UnknownNearby 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.
Area
New Town at a glance
6,802
People
$889,500
Median sale
$499/wk
Median rent
2.92%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by EIS PropertyWhichever choice you make, this amazing statuesque and solid home, aptly named "Tranquility", has all the foundations and style befitting the quality and history of homes surrounding it. Yes, it could easily be modernised over time or before you move in, but small improvements such as polishing the Tasmanian Oak floorboards that have been hidden beneath the older carpet, a repaint and new drapes would make a huge difference to the immediate feel of this 1950's Post War architecture residence that has been called home to the one family for the 56 past years.
From the moment you walk through the front gate, the 1,000sqsm plus of fabulous grounds showcase glimpses of what family say, resembled botanic gardens, that still simmer beneath the foliage you now see. It needs a new family to give it some loving attention, regular watering and fresh energy to bring it back to its former glory. This incredible home is oozing potential both inside and out...with options to convert existing spaces into bathrooms, open and modernise the kitchen/dining area....make use of the existing lift linking upstairs to down as an option to the stairs...or extend out onto the existing patio upstairs, your imagination is limited by your budget and needs! Outside there's even room for an inground swimming pool without compromising the actual lawned areas or the fabulous carparking facilities.
Designed for a family who loved entertaining, this property provided the idyllic setting for five children to grow up while being conveniently close to everything needed on a daily basis - buses, a selection of reputable private and public schools within walking distance and the city less than 10 minutes drive away! The New Town Nursery and the New Town Shopping Plaza are both just down the road and are an easy walk! The location couldn't be more idyllic.
This is a property you could easily call "home" for another 56 years, modernised to suit your individual style and decor of course! The size of the rooms throughout are what you would expect for it's post war era. The three bedrooms upstairs are huge, while the fourth bedroom fits a single bed or a study desk. The multiple living areas and large blackwood kitchen downstairs make entertaining easy. There is a toilet on each level and currently one bathroom upstairs, with plenty of space to add in another to suit. The more recent addition of an internal lift between upstairs and down has made access easy between each level when stairs are not an option.
The double carport in addition to the separate single garage provides ample under-cover parking in addition to the extra off-street space. A piece of history is the water-powered clothesline, ingenious in it's design and certainly very functional even today. Light, bright, and welcoming, the home can comfortably host dinner parties in the formal dining room that naturally spills out into all the wonderful living spaces downstairs and out to the covered rear patio overlooking distant mountain views and the tranquil garden setting.
"Tranquility" is now looking for a new family to call this stately home their own! Ready to move in to with ample space to reside in and modernise each room over time, this is an unique opportunity to buy in this exclusive enclave, make improvements that will bring this already stately home into the new age while retaining the exterior grandeur and street presence. Enjoy the sense of privacy and safety that comes with living in such an established neighbourhood, yet be so close to the everyday conveniences in life.
Listing description written by Deb Stephens, EIS Property — reproduced as published, not verified by Districts.