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TAS › Lenah Valley › Sharps Rd

40 Sharps Rd, Lenah Valley TAS 7008

House

$951,000

Last sold

23 May 2023

4

Bedrooms

2

Bathrooms

4

Car spaces

678 m²

Land

144 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $951,000 (23 May 2023).(Recorded sale)
  • CalculationLand 678 m² against a 144 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Lenah Valley (last 5 years) with land size: median $1,181/m² of land (n=83). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

$951,000

23 May 2023 · derived via latest_sale

Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.

Local land rate: recorded House sales in Lenah Valley (last 5 years) with land size have a median of $1,181/m² of land (n=83). Districts calculation from recorded sales — not a valuation.

Lenah Valley at a glance

6,649

People

$770,000

Median sale

$514/wk

Median rent

3.47%

Suburb gross yield

Median sale from 44 recorded sales (last 12 months) — a Districts calculation.

See the full Lenah Valley report →

Vs Lenah Valley

+23.5%

Median sale

Suburb $770,000

-0.66 pp

Gross yield

Suburb 3.47%

Suburb median $770,000 from 44 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

20222023$942k$951k
  • Sold (recorded)
  1. Sold$951,00023 May 2023
  2. Listedprice unknowncompleted20 Feb 2023
  3. Sold$941,5005 May 2022
  4. Listedprice unknowncompleted22 Mar 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 $514/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

Lenah Valley in one glance

Lenah Valley at a glance

6,649

People

$770,000

Median sale

$514/wk

Median rent

3.47%

Suburb gross yield

Median sale from 44 recorded sales (last 12 months) — a Districts calculation.

See the full Lenah Valley report →

Keep researching

  • Why Lenah Valley? Read the area thesis →
  • What else is on the market in Lenah Valley →
  • Other records on Sharps Rd →

Listing material

Listed by Harcourts Signature New Town

Surprise Package

With an almost Scandinavian feel, this unique home is a true delight to view. Completely out of the ordinary, open plan living is hexagonal, capturing all-day sun and connecting kitchen, dining and large lounge with built in cabinetry. In fact the original owner was a builder and craftsman. Skylights, bespoke railings and novel concepts throughout will excite you at every turn. The European windows are double-glazed and you are on the gas line.

The zones can be separated for heating and NBN is in place.

All four bedrooms are double in size, and individually shaped. One could make a brilliant study, with a built-in desk all ready to go. Both levels have a full bathroom, floor heating and heater lights. Downstairs comes with a spa bath for relaxing, and this whole property has that relaxed feel about it.

Read the full description

Many of the rooms have direct access to outside, a deck or courtyard. Storage is cleverly positioned throughout the home, shed, under the deck and within the garage also. Here you could have a workshop, and there is another toilet there.

A light, leafy outlook to the yard includes Birch trees, rock walls and garden beds for establishing whatever takes your fancy. From the front of the property you are greeted by beautiful mountain views.

Well positioned in a highly desirable suburb at the end of the cul-de-sac, you often need to travel far from the CBD to find something so unique, but here you are within easy reach of cafes, shops and services and less than 10 minutes to the city. Inspect before it's too late.

*The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, we cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information.

All timeframes and dimensions are approximates only.*

Listing description written by Marita Oliver, Harcourts Signature New Town — reproduced as published, not verified by Districts.

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.