Midway Point at a glance
3,547
People
$745,000
Median sale
$594/wk
Median rent
4.15%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
TAS › Midway Point › Kirabati Rd
$670,000
Last sold
5 Nov 2023
3
Bedrooms
1
Bathrooms
3
Car spaces
790 m²
Land
105 m²
Building
Districts View
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
$670,000
5 Nov 2023 · derived via latest_sale
Local land rate: recorded House sales in Midway Point (last 5 years) with land size have a median of $993/m² of land (n=132). Districts calculation from recorded sales — not a valuation.
Midway Point at a glance
3,547
People
$745,000
Median sale
$594/wk
Median rent
4.15%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
Vs Midway Point
-10.1%
Median sale
Suburb $745,000
+0.46 pp
Gross yield
Suburb 4.15%
Suburb median $745,000 from 34 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 $594/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
Midway Point at a glance
3,547
People
$745,000
Median sale
$594/wk
Median rent
4.15%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ripple RealtyLocated on a quiet no through road in a peaceful area known for its many attractions, this single level brick property is impeccably presented, both inside and out. Whether you are downsizing, looking for a quality family home or solid investment - this sunny and spacious place is appealing for so many reasons.
Built in 2007 to a high quality, you won't be compromised on comfort here, with modern conveniences such as rooftop solar panels, NBN connection, and reverse cycle air conditioning in the living area.
The generously proportioned rooms include an inviting open plan living area with plenty of natural light, room for dining, and a large contemporary kitchen with ample storage and a large corner pantry. Connecting the indoor living and paved backyard entertaining area is a wonderfully versatile sunroom, ideal for enjoying peaceful afternoon relaxation or hosting friends and family.
All three bedrooms contain built-in wardrobes; the bathroom has a vanity, separate shower and bath; and the toilet is adjacent. There is also a single garage with internal access to the home, storage and laundry facilities, as well as off-street parking for 2-3 cars.
At 790sqm, the level block will appeal to gardeners, and already boasts an established veggie patch with three garden beds plus multiple fruit trees including apricot, lemon and Granny Smith apple. There is also a chicken coop set up ready to house a small flock. The fully fenced rear yard has a garden shed, outdoor storage and carport, and is a secure space for kids and pets to play.
Penna Beach located only a few minute's walk away and for the golfing enthusiasts there is direct access to Pittwater Golf Club from the rear gate. The home's fantastic location means you'll be close to shops, schools and many other services in Sorell, and Hobart's CBD is a 25-minute drive away.
There are plenty of reasons to get outdoors and enjoy this beautiful area, such as the Orielton Lagoon Loop walking and bike track, popular surfing and fishing spots, great play parks in Midway Point, local produce and local wineries.
If you appreciate a peaceful, low maintenance lifestyle with all the convenience of nearby amenities, this well-kept and sunny home in a fabulous location could be the perfect fit. Contact Mel today to find out more, but don't delay as it will be a popular choice!
We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
Listing description written by Mel Shutt, Ripple Realty — reproduced as published, not verified by Districts.