West Ulverstone at a glance
4,672
People
$627,500
Median sale
$414/wk
Median rent
3.43%
Suburb gross yield
Median sale from 44 recorded sales (last 12 months) — a Districts calculation.
TAS › West Ulverstone › Hobbs Pde
$403,000
Last sold
5 Jan 2025
2
Bedrooms
1
Bathrooms
1
Car spaces
0.053 m²
Land
89 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
$403,000
5 Jan 2025 · derived via latest_sale
Local land rate: recorded House sales in West Ulverstone (last 5 years) with land size have a median of $685/m² of land (n=131). Districts calculation from recorded sales — not a valuation.
West Ulverstone at a glance
4,672
People
$627,500
Median sale
$414/wk
Median rent
3.43%
Suburb gross yield
Median sale from 44 recorded sales (last 12 months) — a Districts calculation.
Vs West Ulverstone
-35.8%
Median sale
Suburb $627,500
+1.91 pp
Gross yield
Suburb 3.43%
Suburb median $627,500 from 44 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 $414/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
West Ulverstone at a glance
4,672
People
$627,500
Median sale
$414/wk
Median rent
3.43%
Suburb gross yield
Median sale from 44 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by LJ Hooker DevonportNeat and tidy 2 bedroom, 1 bathroom house
Large and level 608m2 (approx.) allotment with room to extend (STCA)
Open plan lounge and dining, water glimpses and single lock up garage and workshop
Affordable starter, investment, or renovation project
3-minute walk (approx.) into downtown Ulverstone, cafes, restaurants and shops
No car is no problem living in this ultra convenient house on the edge of town. Solid bones and bursting with potential, the home would make an affordable starter, a smart investment or a fantastic renovation project with room to extend if desired (STCA).
Situated on a large and level 608m2 (approx.) allotment, a fully fenced yard with water glimpses of the River Leven greets you on arrival. The home unfolds over a functional single level and delivers a spacious open plan lounge and dining room which flow to the kitchen. The timber style kitchen is brimming with storage and includes a walk in pantry.
Glass sliders connect to the sunny, north-facing backyard where there is plenty of room for kids and pets to play. Consider extending with a deck, you are only limited by your imagination as to what can be achieved.
The accommodation wing appreciates separation from the living areas and comprises 2 generously sized bedrooms fitted with built in robes. Servicing the home is a central bathroom with shower over bath, vanity and toilet.
Other property highlights include:
Split system air conditioning
Internal laundry off the kitchen
Fireplace
Side access to the single lock up garage and workshop
Ample onsite parking
Everything you need is just a short walk from your front door, Take a picturesque stroll over the bridge into the heart of the Ulverstone CBD where you will find cafes, restaurants, major supermarkets, and a variety of professional and medical services. Beautiful beaches and local schools are also within easy reach.
The property is comfortable enough to move in or rent out immediately, but there is much scope to add value with a few minor improvements.
The information contained herein has been supplied to us by sources which are considered reliable and we have no reason to doubt its accuracy. However, all interested parties should make their own enquiries to verify this information to be correct. All measurements are approximate and are for illustrative purposes only.
Listing description written by Amanda Breen, LJ Hooker Devonport — reproduced as published, not verified by Districts.