Legana at a glance
5,179
People
$815,000
Median sale
$568/wk
Median rent
3.62%
Suburb gross yield
Median sale from 63 recorded sales (last 12 months) — a Districts calculation.
TAS › Legana › Freshwater Point Rd
$720,000
Last sold
3 Mar 2026
4
Bedrooms
2
Bathrooms
4
Car spaces
782 m²
Land
190 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
$720,000
3 Mar 2026 · derived via latest_sale
Local land rate: recorded House sales in Legana (last 5 years) with land size have a median of $711/m² of land (n=85). Districts calculation from recorded sales — not a valuation.
Legana at a glance
5,179
People
$815,000
Median sale
$568/wk
Median rent
3.62%
Suburb gross yield
Median sale from 63 recorded sales (last 12 months) — a Districts calculation.
Vs Legana
-11.7%
Median sale
Suburb $815,000
+0.48 pp
Gross yield
Suburb 3.62%
Suburb median $815,000 from 63 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 $568/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
Legana at a glance
5,179
People
$815,000
Median sale
$568/wk
Median rent
3.62%
Suburb gross yield
Median sale from 63 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Flanagan ResidentialSet on a generous, sought after corner block in the heart of ever-growing Legana, this substantial four bedroom, two bathroom home offers space, solidity and outstanding potential. Built in 2001, the home is structurally sound and extremely liveable, while presenting a terrific opportunity for cosmetic updates to add value over time.
With an impressive floorplan of approximately 190m², the layout is ideal for families or tenants alike. Established lawns and mature trees create a private, settled feel, while the enclosed back courtyard provides a lovely outdoor retreat, with access directly off the living area.
Having performed strongly as an investment over the past four years, the property most recently achieved a weekly rental of $635, highlighting its appeal in the local market. Parking is a standout feature, with a double garage offering internal access, plus additional off street space for a boat, caravan or extra vehicles.
37 Freshwater Point Road is within walking distance to a newly built, highly regarded primary school, cricket club and oval, medical centre and pharmacy. Enjoy easy access to the local shopping complex including Woolworths, cafés, food outlets and tavern, all while enjoying a quiet, family-friendly neighbourhood in one of Northern Tasmania’s most popular and developing regions.
West Tamar Council Rates $2,078.39
Tas Water Rates Rates $1,189.00 + usage
Current rental appraisal from Property Wise Launceston $600.00 - $650.00 per week
Flanagan Residential provides this information from third parties as a convenience to you and recommends prospective purchasers carry out their own enquiries and seek legal advice with respect to the property information provided.
Property Code: 622
Listing description written by Rae Smith, Flanagan Residential — reproduced as published, not verified by Districts.