Lutana at a glance
2,532
People
$700,000
Median sale
$528/wk
Median rent
3.92%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
TAS › Lutana › Brooker Ave
$630,000
Last sold
18 Dec 2025
3
Bedrooms
1
Bathrooms
4
Car spaces
736 m²
Land
114 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
$630,000
18 Dec 2025 · derived via latest_sale
Local land rate: recorded House sales in Lutana (last 5 years) with land size have a median of $1,041/m² of land (n=67). Districts calculation from recorded sales — not a valuation.
Lutana at a glance
2,532
People
$700,000
Median sale
$528/wk
Median rent
3.92%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
Vs Lutana
-10.0%
Median sale
Suburb $700,000
+0.44 pp
Gross yield
Suburb 3.92%
Suburb median $700,000 from 25 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 $528/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
Lutana at a glance
2,532
People
$700,000
Median sale
$528/wk
Median rent
3.92%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Insitu Property HobartThis classic circa-1953 home at 345 Brooker Highway, Lutana has been successfully sold off market by Ben Korkmaz, connecting the right buyer and seller without the need for a full public marketing campaign.
Off-market sales can provide vendors with a discreet and efficient pathway to sale while giving qualified buyers access to opportunities before they reach the open market.
There are currently multiple buyers who missed out on this property and are actively searching for similar homes in Lutana, Glenorchy and neighbouring suburbs.
If you are considering selling, you may already have buyers waiting.
For information on off-market opportunities or to discuss your property confidentially, please contact:
Ben Korkmaz
📞 0438 126 359
Thinking of selling? I may already have a buyer for your home.
Currently tenanted on a month-to-month lease at $530 per week, this property already offers immediate income and proven rental performance. A recent rental appraisal of $600 – $625 per week further highlights the strong demand for quality homes in this area, reinforcing its appeal to investors seeking reliable, low-maintenance assets close to Hobart's CBD.
Set on a level, sun-filled 736 sqm block in one of Lutana's most convenient pockets, this solid red-brick home presents as a secure, low-maintenance investment with immediate tenant appeal and excellent long-term potential. Its classic construction, generous proportions, and superb location near key transport routes make it an attractive opportunity for investors seeking well-positioned, reliable assets close to Hobart's CBD.
Inside, the home is light, practical, and well maintained, with a bright open living and dining area framed by large corner windows capturing natural light and views of kunanyi / Mount Wellington. The solid brick construction and Tasmanian oak flooring speak to enduring quality, while the functional kitchen, separate laundry with second toilet, and three comfortable bedrooms offer a smart, renter-friendly layout that performs well in the current rental market.
The property sits proudly on a level, fully fenced block with established lawns, garden beds, and excellent side access to a single garage, workshop and storage sheds — all highly desirable features for tenants and investors alike. With a light internal refresh or minor cosmetic upgrades, the home could easily achieve an even stronger rental yield or resale outcome while remaining exceptionally low-maintenance.
Located within minutes of Moonah's cafés, retail and services, and less than ten minutes from the Hobart CBD, the property occupies a tightly held growth corridor that continues to show consistent demand from local and interstate renters. Demand from tenants looking to secure these solid, well-built homes has also increased noticeably, reinforcing their strong performance as investment assets across the Lutana–Moonah corridor.
Given current demand within our investor network, this property is being released off-market exclusively to qualified buyers before any public campaign. Early access provides the opportunity to secure a strong-performing asset in a high-demand location, with flexible inspection options available for interstate purchasers.
Please note: The photographs used in this brochure are from previous online listings and may not reflect the property's current presentation. Inspections — whether in person, through a local representative, or via live video call — are strongly recommended to confirm condition and suitability prior to purchase.
Heating: Reverse cycle air-conditioner
Year built: 1953
Council rates: $1540 pa approx.
Fixed water rates: $1000 pa approx.
Rental estimate:
Currently Tenanted: Month to month at $530 per week
Listing description written by Ben Korkmaz, Insitu Property Hobart — reproduced as published, not verified by Districts.