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TAS › Westbury › Elgin Ln

38 Elgin Ln, Westbury TAS 7303

Rural Property

$770,000

Last sold

22 Dec 2022

2

Bedrooms

2

Bathrooms

3

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $770,000 (22 Dec 2022).(Recorded sale)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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

What this lot has actually traded at

Last sold

$770,000

22 Dec 2022 · derived via latest_sale

Westbury at a glance

2,609

People

$570,000

Median sale

$486/wk

Median rent

4.43%

Suburb gross yield

Median sale from 45 recorded sales (last 12 months) — a Districts calculation.

See the full Westbury report →

Vs Westbury

+35.1%

Median sale

Suburb $570,000

-1.15 pp

Gross yield

Suburb 4.43%

Suburb median $570,000 from 45 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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. Sold$770,00022 Dec 2022
  2. Listedprice unknowncompleted8 Nov 2022

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 $486/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

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

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

Westbury in one glance

Westbury at a glance

2,609

People

$570,000

Median sale

$486/wk

Median rent

4.43%

Suburb gross yield

Median sale from 45 recorded sales (last 12 months) — a Districts calculation.

See the full Westbury report →

Keep researching

  • Why Westbury? Read the area thesis →
  • What else is on the market in Westbury →
  • Other records on Elgin Ln →

Listing material

Listed by Saunders Property Group - Launceston

Simply Stunning inside & out.

Nestled at the end of a quiet country lane on the edge of Westbury, is this gorgeous 2016 built home with beautiful views across the paddock and over Quamby Brook set on an acre of land. The scene is set the moment you come through the gates, crushed white gravel driveway, beautifully manicured gardens and well established trees give the feel of an amazing country estate.

The two storey weatherboard home has been meticulously designed and the build expertly executed. It has been positioned to maximise the sunlight in the living areas and extremely well sheltered by the row of large macracarpa trees from the southern winter winds. The thermal properties of the home were a big consideration and the home is fully insulated and double glazed windows throughout ensure the home is beautifully warm in winter and cool in summer.

Entering the home from the rear entertaining deck your eyes are immediately drawn to the soaring cathedral ceiling in the open plan living room and the adjacent open plan dining and kitchen are bathed in light and each have the fabulous views back across the deck and paddock below.

Read the full description

On the ground floor is a queen sized bedroom with large built in robes, the main bathroom and separate laundry with external access. The first floor has been designed as the owners retreat with a large landing which can be utilised as a second living area or office or hobby room (or third bedroom). The master bedroom is well appointed with large walk in robe plus ensuite.

Externally at the rear is a huge very private entertaining deck with the aforementioned views and considerable planning and work has gone into the low maintenance cottage garden, a haven to come home to.

There is a large 6m x 6m fully lined and insulated garage, perfect for the home workshop and vehicular storage. Undercover parking is also catered for with a single 6m x 3m carport adjacent to the home so no need to ever get wet bringing in the groceries.

Additional features are, possibly the best built small hobby/garden shed I have seen in a long time, water storage is abundant with two 24,000 litre water tanks, plus a separate 10,000 litre fire tank.

Fully fenced, it is with absolute pleasure we release this gorgeous property for your consideration. If you are looking for a country home in an amazing quiet and beautiful location only 30 mins to Launceston, or are downsizing form the farm but don't want to live in the city, then I think you've just found it.

For a private inspection please call me today to discuss and arrange.

Listing description written by Tim Saunders, Saunders Property Group - Launceston — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Broadband
  • Built-in Robes
  • Deck
  • Ensuites: 1
  • Fully Fenced
  • Living Areas: 1
  • Outdoor Entertaining
  • Remote Garage
  • Reverse Cycle Aircon
  • Toilets: 2
  • Water Tank
  • Workshop
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.