George Town at a glance
4,972
People
$465,050
Median sale
$410/wk
Median rent
4.58%
Suburb gross yield
Median sale from 86 recorded sales (last 12 months) — a Districts calculation.
TAS › George Town › Mary St
$590,000
Last sold
29 May 2023
5
Bedrooms
2
Bathrooms
2
Car spaces
835 m²
Land
246 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
$590,000
29 May 2023 · derived via latest_sale
Local land rate: recorded House sales in George Town (last 5 years) with land size have a median of $510/m² of land (n=101). Districts calculation from recorded sales — not a valuation.
George Town at a glance
4,972
People
$465,050
Median sale
$410/wk
Median rent
4.58%
Suburb gross yield
Median sale from 86 recorded sales (last 12 months) — a Districts calculation.
Vs George Town
+26.9%
Median sale
Suburb $465,050
-0.97 pp
Gross yield
Suburb 4.58%
Suburb median $465,050 from 86 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 $410/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
George Town at a glance
4,972
People
$465,050
Median sale
$410/wk
Median rent
4.58%
Suburb gross yield
Median sale from 86 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts East TamarA perfect family home in every way. Situated in the sought-after area of South George Town this modern home has a stylish design and colour scheme which is sure to impress anyone who walks through the front door. The hallway sets the scene with a lovely rock wall feature and opens out into a very spacious open-plan family area with a lounge, dining and a beautiful designer kitchen, which is set off by a feature skylight that floods the kitchen with natural light. The property also features polished timber floorboards and double-glazed windows.
The kitchen provides plenty of bench and cupboard space with a large gas oven, plus a breakfast bar, a dishwasher and a huge walk-in pantry. The kitchen design ensures that the family can interact while dinner is being made as it looks out over the lounge room. There is a large deck/outdoor entertainment area that overlooks the established gardens, the perfect spot to entertain family and friends or to just relax with a glass of wine at the end of the day. There is also a private courtyard area in the front yard (the perfect spot to enjoy your morning coffee).
The home can be kept at the ideal temperature year-round, thanks to a wood heater and a reverse cycle air conditioner, both of which are located in the living room.
If space is your key requirement, this lovely home has 5 bedrooms (four of which have BIRS) plus a study, with the main bedroom including a well-designed (recently renovated) ensuite and walk-in robe. The beautiful main bathroom features a separate shower, bath and double vanity. There is also a small sunroom at the back of the property, which looks out onto the fully fenced backyard, providing a safe place for the kids or family pets to play.
While the house is sure to impress, the garages (yes there is more than one) provide the perfect finish to the property. There is an internal garage as well as a large garage/workshop in the backyard and a fenced veg patch to top it off. The property is situated on an 835m2 (approx) block that is located within walking distance of the South George Town primary school. Peppers York Cove Restaurant & Bar are just a short walk away (at the end of the street) and it's only a five-minute drive to the town centre and all of the conveniences that George Town offers.
George Town has a lot to offer with 3 schools (two public & one private), a modern hospital, 2 supermarkets, as well as hardware supplies and other shopping conveniences. There are also a number of sporting facilities, a swimming centre, social clubs and the internationally designed mountain bike trails are nearby. A grant of $10,000,000 has recently been acquired for the construction of a new indoor aquatic centre and gymnasium. All this, only minutes from the beach, a 35-minute drive to Launceston, and less than one hour to the Launceston Airport.
Chattels include: Beko dishwasher, Glem stove, rangehood, Daikin reverse cycle air conditioner, Aust Wood wood heater, NBN, and insulation/ply (in the shed).
To find out what else this property has to offer contact Andrew Michieletto or Melissa Bennett at Harcourts East Tamar.
Harcourts East Tamar has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however, we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations.
Listing description written by Andrew Michieletto, Harcourts East Tamar — reproduced as published, not verified by Districts.