Youngtown at a glance
4,476
People
$657,500
Median sale
$531/wk
Median rent
4.20%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
TAS › Youngtown › Parkfield Dr
$860,000
Last sold
22 Apr 2024
4
Bedrooms
2
Bathrooms
4
Car spaces
671 m²
Land
228 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
$860,000
22 Apr 2024 · derived via latest_sale
Local land rate: recorded House sales in Youngtown (last 5 years) with land size have a median of $869/m² of land (n=88). Districts calculation from recorded sales — not a valuation.
Youngtown at a glance
4,476
People
$657,500
Median sale
$531/wk
Median rent
4.20%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
Vs Youngtown
+30.8%
Median sale
Suburb $657,500
-0.99 pp
Gross yield
Suburb 4.20%
Suburb median $657,500 from 30 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 $531/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
Youngtown at a glance
4,476
People
$657,500
Median sale
$531/wk
Median rent
4.20%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts LauncestonHarcourts Launceston and JDR Homes are proud to present the stunning 36 Parkfield Drive, Youngtown.
To be operated as a display home over the next 12 months, you can secure a lease from the builders at above market price rent, $750 per week. That's $39,000 paid off your mortgage for you - then take over an essentially brand-new home that's never been used. Occupy yourself or continue the investment with tenants constantly looking for property in this neighbourhood.
Set at the new homes area of Oakden Estate, connect to Kings Meadows and all the amenities you could think of in 2-3min, Youngtown primary a short walk, or the CBD and Airport via the highway link both within 10-15min.
The property is stunning, an on-trend style with timeless elements on show. From the elegant brushed brass fittings, crisp engineered stone benches, top quality appliances and soft touches of colour either by paint choice or tile.
A definite entertainer, there's ample open kitchen space plus butler's pantry, dining area and of course living room. Plus, the second lounge and let's not forget the alfresco. Set on a slightly elevated site, there's a view of the mountains to the east here from your undercover deck. Also sun all day with the northerly glazing on offer.
Flourishes of chic continue in both the main bathroom's tiling in clean whites and grey terrazzo style. The brass fittings both elevate and complement the homes overall luxe finishings. Keep comfortable with reverse cycle A/C and electric imitation fireplace for cozy winter months.
A large, practical backyard is currently quite easy care. Keep it that way of course or with level area you could have a myriad of kids play equipment, garden or fruits and vegetables if that's your passion.
Come and take a look in person, you'll fall in love.
Rental Estimate: $750 Per Week
House size: 228m2
Land size: 671m2
Built: 2024
Rates: TBC
Council Zoning: Residential
Council: City of Launceston
Heritage listed: No
**Harcourts Launceston 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. All measurements are approximate.**
Listing description written by David Hernyk, Harcourts Launceston — reproduced as published, not verified by Districts.