Queenstown at a glance
1,828
People
$205,000
Median sale
$292/wk
Median rent
7.41%
Suburb gross yield
Median sale from 54 recorded sales (last 12 months) — a Districts calculation.
TAS › Queenstown › Penghana Rd
$290,000
Last sold
17 Apr 2025
3
Bedrooms
1
Bathrooms
4
Car spaces
642 m²
Land
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
$290,000
17 Apr 2025 · derived via latest_sale
Local land rate: recorded House sales in Queenstown (last 5 years) with land size have a median of $342/m² of land (n=134). Districts calculation from recorded sales — not a valuation.
Queenstown at a glance
1,828
People
$205,000
Median sale
$292/wk
Median rent
7.41%
Suburb gross yield
Median sale from 54 recorded sales (last 12 months) — a Districts calculation.
Vs Queenstown
+41.5%
Median sale
Suburb $205,000
-2.17 pp
Gross yield
Suburb 7.41%
Suburb median $205,000 from 54 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 $292/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
Queenstown at a glance
1,828
People
$205,000
Median sale
$292/wk
Median rent
7.41%
Suburb gross yield
Median sale from 54 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts West CoastWelcome to this beautifully renovated three-bedroom home, perfectly suited for owner-occupiers or astute investors. Offering modern updates throughout, this property is ready for you to move in and enjoy. Or why not keep the current tenant in, and collect $450 per week!
As you step through the front door, you are greeted by polished floorboards that add warmth and elegance to the home. The open-plan design of the living, dining, and kitchen area creates a spacious, light-filled environment, perfect for entertaining or relaxing with family. A large electric wall heater ensures comfort in the cooler months. The stylishly renovated kitchen boasts abundant storage, electric cooking, and a dishwasher, making meal preparation a breeze. All three bedrooms are generously sized and feature built-in wardrobes, providing ample storage for the whole family. The bathroom is tiled throughout and includes a luxurious walk-in shower, while the separate laundry offers additional convenience. Adjacent to the laundry, the back entrance has extra storage space, perfect for outdoor gear or household essentials.
Step outside to the newly built timber deck, where you can unwind while enjoying the serene view of the Queen River flowing past. The fully fenced yard is ideal for families and pets, offering both privacy and security. A single lockup garage with an undercover area is located at the end of the gravel driveway, providing practical parking and storage solutions. The property's location is another highlight, just a short stroll from the main street of Queenstown, offering convenience and charm in equal measure.
This beautifully updated home combines modern living with a touch of nature, presenting an opportunity not to be missed. Whether you're looking for a ready-to-move-in residence or a solid investment, this property ticks all the boxes.
Please contact Rodney today to arrange an inspection!
Listing description written by Rodney Triffett, Harcourts West Coast — reproduced as published, not verified by Districts.