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TAS › Ulverstone › Leven St

37 Leven St, Ulverstone TAS 7315

For saleHouse

$449,000

For sale

Asking

3

Bedrooms

1

Bathrooms

3

Car spaces

563 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $449,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $449,000(Listing record · 27 Aug 2026)
  • CalculationLand 563 m² against a 123 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Ulverstone (last 5 years) with land size: median $713/m² of land (n=118). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 23% below the Ulverstone median recorded sale ($585,500, n=64, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Ulverstone's advertised median rent ($452/wk), implied gross yield would be 5.23% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$449,000

Asking · $798/m² of land

No recorded sale for this property.

Local land rate: recorded House sales in Ulverstone (last 5 years) with land size have a median of $713/m² of land (n=118). Districts calculation from recorded sales — not a valuation.

Ulverstone at a glance

6,758

People

$585,500

Median sale

$452/wk

Median rent

4.01%

Suburb gross yield

Median sale from 64 recorded sales (last 12 months) — a Districts calculation.

See the full Ulverstone report →

Vs Ulverstone

-23.3%

Median sale

Suburb $585,500

+1.22 pp

Gross yield

Suburb 4.01%

Suburb median $585,500 from 64 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$449,000
Stamp Duty (Tasmania)
$16,080
Transfer/Registration Fee
$257
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$469,037

$20,037 on top of the price (4.5% extra)

  • Stamp Duty (Tasmania)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Tasmania schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Ulverstone's advertised median rent — not a rent for this listing.

Net yield
3.73%
Annual cashflow (pre-tax)
$-6,579
Interest cover (DSCR)
0.72
Annual rent
$23,504
Operating expenses
$6,735
Loan amount
$359,200
Annual interest
$23,348
Gross yield
5.23%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$449,000available27 Aug 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

TAS

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $452/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 5.2%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Ulverstone in one glance

Ulverstone at a glance

6,758

People

$585,500

Median sale

$452/wk

Median rent

4.01%

Suburb gross yield

Median sale from 64 recorded sales (last 12 months) — a Districts calculation.

See the full Ulverstone report →

Keep researching

  • Why Ulverstone? Read the area thesis →
  • What else is on the market in Ulverstone →
  • Other records on Leven St →

Listing material

Listed by Harcourts Ulverstone & Penguin

Character, Convenience & Comfortable Living in a Sought-After Location

Set in one of Ulverstone's popular Streets, this charming 1946 home offers a wonderful combination of character, convenience and relaxed living.

Positioned close to schools, the shopping precinct, river and a range of local amenities, the location is hard to beat. Whether you're looking for a comfortable home, an investment opportunity or a property with potential, this home is well worth your inspection.

Inside, the home features three bedrooms and a beautifully updated bathroom complete with a practical walk-in shower. The original kitchen adds a touch of classic charm and connects seamlessly with the open-plan dining and lounge area, creating a welcoming central space for everyday living.

Read the full description

The lounge has been thoughtfully extended, with sliding doors opening directly onto the patio, making it easy to enjoy the outdoors and creating a lovely connection between the living areas and the backyard.

Outside the flat, level backyard provides a versatile space for children, pets, entertaining or simply enjoying the sunshine. A single garage provides secure vehicle accommodation and additional storage.

With its sought-after location, established character, practical layout and inviting outdoor space, this property presents an exciting opportunity to secure a home in one of Ulverstone's popular areas.

Features at a glance:

• 1946 character home

• Three bedrooms

• Updated bathroom with walk-in shower

• Original kitchen with plenty of charm

• Open-plan dining and lounge

• Extended living area with double sliding doors

• Patio and flat backyard

• Single garage

• Popular Ulverstone location

• Close to schools, shopping, the river and local amenities

* There are some works needing to be done on this property and the owner has had a building inspection done and is available on request.

We would love to share this wonderful opportunity with you so please call the listing agent Wendy Squibb or come along to one of our upcoming open homes.

Disclaimer:

While Harcourts Devonport has taken every care to verify the accuracy of the details in this advertisement, we cannot guarantee its correctness. Prospective buyers need to take such action as is necessary, to satisfy themselves of any pertinent matters.

Listing description written by Wendy Squibb, Harcourts Ulverstone & Penguin — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.