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TAS › Ulverstone › Castra Rd

383 Castra Rd, Ulverstone TAS 7315

For saleHouse

$1,450,000

For sale

Asking

5

Bedrooms

3

Bathrooms

2

Car spaces

269,100 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,450,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,450,000(Listing record · 18 Dec 2025)
  • CalculationLand 269,100 m² against a 261 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 148% above 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 1.62% — 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

$1,450,000

Asking · $5/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

+147.7%

Median sale

Suburb $585,500

-2.39 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
$1,450,000
Stamp Duty (Tasmania)
$60,435
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
$1,514,392

$64,392 on top of the price (4.4% 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
0.12%
Annual cashflow (pre-tax)
$-73,646
Interest cover (DSCR)
0.02
Annual rent
$23,504
Operating expenses
$21,750
Loan amount
$1,160,000
Annual interest
$75,400
Gross yield
1.62%

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$1,450,000available18 Dec 2025

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 1.6%. 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 Castra Rd →

Listing material

Listed by Coastal Property Sales Tasmania

THE ULTIMATE TREE CHANGE

Embrace the perfect blend of country living and town convenience at 383 Castra Road. Positioned less than 10 minutes from the Ulverstone CBD, this expansive property spans 26.91 hectares, offering the ultimate tree change for families seeking space, privacy and a touch of rural charm.

Property Features

• Bedrooms: Three generous bedrooms in the main house section are each fitted with built-in wardrobes. The master suite features a walk-in robe and a private ensuite with a separate toilet, providing a secluded retreat for parents.

Read the full description

• Bathrooms: The main bathroom is centrally located offering shower and vanity.

• Living Spaces: The open plan kitchen, living and dining area is the heart of the home. Designed for family life and entertaining, it boasts a spacious layout and a butler's pantry, ideal for those who love to cook and host gatherings.

• Rumpus & Games Rooms: A large rumpus room upstairs opens directly onto an impressive 12m x 14m deck – the real showstopper of the property. This space is perfect for entertaining, relaxing or simply soaking in the breathtaking views. Downstairs, a second rumpus room doubles as a games room or bedroom, offering versatility for larger families or guests.

• Laundry: A well-appointed laundry is conveniently located downstairs for easy household management.

Step outside to discover the massive undercover deck, perfectly positioned to capture the sweeping vistas of the surrounding landscape. Whether you're hosting a barbecue, enjoying a quiet cuppa, or watching the kids play, this deck is designed for year-round enjoyment and relaxation.

The property boasts two spacious garages, providing secure parking for vehicles as well as ample storage for tools, equipment and household items. These garages are well-suited to accommodate a variety of storage needs, from gardening supplies to recreational gear.

In addition to the garages, there is a third shed equipped with a sink and bench space. This area is ideal for potting plants, undertaking gardening projects or carrying out light DIY tasks. The bench and sink make it convenient to clean up after working outdoors and the shed offers a practical workspace for gardening enthusiasts.

The property also includes a self-contained unit, complete with bedroom, bathroom and kitchenette. This versatile space can be used for guest accommodation, as a home office or as a retreat for extended family members. The inclusion of a bathroom and kitchenette ensures privacy and convenience for occupants, making it a valuable addition to the property.

The property is fully serviced by tank water, ensuring a reliable and sustainable water supply year-round. Waste management is efficiently handled via a septic system, providing environmentally friendly sewage treatment that requires minimal maintenance.

Set on sprawling grounds, this property truly is a haven for outdoor enthusiasts and families alike. The vast, landscaped spaces are perfect for hosting gatherings, barbecues or simply unwinding in nature. Multiple dedicated entertaining areas invite guests to relax and enjoy the tranquil surroundings, whether it's a quiet cuppa in the garden or a lively get-together under the stars.

For those seeking adventure, the property offers numerous tracks winding throughout. These tracks are ideal for a variety of recreational activities including:

• 4-wheel driving: Test your skills and enjoy off-road adventures across diverse terrains.

• Mountain biking: Ride through scenic bushland and challenge yourself on natural trails.

• Bush walking: Explore the native flora and fauna at your own pace.

Whether you're an active adventurer, a nature lover or someone who simply enjoys relaxing outdoors, this property offers something for everyone. With so many options to explore and enjoy, it's the ideal setting for creating lasting memories with family and friends.

Listing description written by Brent Fielding, Coastal Property Sales Tasmania — reproduced as published, not verified by Districts.

Property features

  • Alarm System
  • Balcony
  • Broadband
  • Built-in Robes
  • Deck
  • Dishwasher
  • Ducted Heating
  • Ensuites: 1
  • Living Areas: 2
  • Outdoor Entertaining
  • Rumpus Room
  • Secure Parking
  • Shed
  • Study
  • Toilets: 4
  • Water Tank
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.