Geeveston at a glance
1,505
People
$590,000
Median sale
$404/wk
Median rent
3.56%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
$267,500
Last sold
17 May 2017
4
Bedrooms
1
Bathrooms
2
Car spaces
918 m²
Land
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
$267,500
17 May 2017 · derived via latest_sale
Local land rate: recorded House sales in Geeveston (last 5 years) with land size have a median of $356/m² of land (n=53). Districts calculation from recorded sales — not a valuation.
Geeveston at a glance
1,505
People
$590,000
Median sale
$404/wk
Median rent
3.56%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
Vs Geeveston
-54.7%
Median sale
Suburb $590,000
+4.29 pp
Gross yield
Suburb 3.56%
Suburb median $590,000 from 20 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 $404/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
Geeveston at a glance
1,505
People
$590,000
Median sale
$404/wk
Median rent
3.56%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by EIS PropertyA remarkable opportunity exists here to acquire a magnificent valued property around a 45 minutes' drive from Hobart in the charming township of Geeveston. This property would appeal to first home buyers or even investors looking to achieve a fantastic return as the property would achieve an approximate 6 % return. The solid brick home was built in 1972 and the current owners have done a considerable amount of improvements, thus enabling any prospective purchaser to reap the rewards of all the costly works being completed. As Hill Street is a no through road, the only traffic use is from a few nearby residents thus providing extremely peaceful surroundings. The elevated position captures all day sun and the wonderful Valley view’s further complement this splendid offering.
The Geeveston shopping centre is within easy walking distance, which includes all the services and amenities, such as various shops, bakery, pharmacy, supermarket, library, Bendigo community bank, hardware, cafes and medical centre. There are two primary schools in Geeveston including the popular Sacred Heart Catholic school and having a first-class child and family centre nearby is also a bonus.
The large quality home consists of 4 spacious bedrooms, a large living space, separate dining, updated kitchen area plus the property has benefitted from a new paling fence on the sides and rear. A wood heater plus back up reverse cycle air conditioner provides good heating and Cooling options in the household and a separate toilet and laundry provide further convenience. Other highlights of the 918m2 property include a under house garage that also offers sensational storage and a yard big enough for children to enjoy in a safe and pleasant environment. Please call Nyal today and arrange an inspection of this fantastic priced property that is sure to generate plenty of excitement.
Disclaimer: The content of this webpage is for information only. It is as accurate as possible at the time of uploading. The content is not intended as advice, and as such can not be used for valuation purposes or taken as absolute fact.
Property Code: 1545
Listing description written by Nyal Merdivenci, EIS Property — reproduced as published, not verified by Districts.