St Leonards at a glance
2,477
People
$710,000
Median sale
$446/wk
Median rent
3.27%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
TAS › St Leonards › Tasman Hwy
$1,500,000
Last sold
4 May 2026
5
Bedrooms
3
Bathrooms
4
Car spaces
116,000 m²
Land
290 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
$1,500,000
4 May 2026 · derived via latest_sale
Local land rate: recorded House sales in St Leonards (last 5 years) with land size have a median of $596/m² of land (n=65). Districts calculation from recorded sales — not a valuation.
St Leonards at a glance
2,477
People
$710,000
Median sale
$446/wk
Median rent
3.27%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Vs St Leonards
+111.3%
Median sale
Suburb $710,000
-1.72 pp
Gross yield
Suburb 3.27%
Suburb median $710,000 from 17 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 $446/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
St Leonards at a glance
2,477
People
$710,000
Median sale
$446/wk
Median rent
3.27%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Living Here InvermayPerched atop Launceston on almost thirty acres of undulating land, CULTOWA, designed by renowned architect Robert Morris Nunn, is a postmodern masterpiece grounded in its environment and composed of the materials that define its era: brick, glass, timber and stone. The home positions its occupants and their guests to take full advantage of sweeping valley vistas, while its distinctive architectural character offers a rare opportunity for those seeking a property of scale, presence and versatility.
Winner of House of the Year in 1988, the residence remains one of Launceston's most admired homes. Its design and configuration lend themselves not only to a remarkable private residence but also to a potential mixed-use retreat, boutique accommodation, or events venue, an ideal setting for weddings, corporate functions, or creative workshops, subject to council approval.
The home features two large living areas, offering flexibility for families and guests alike. A private sitting room, formal lounge, or potential fifth bedroom provides options for various uses, while the lower-level formal living space impresses with its exposed timber ceiling, open stone fireplace and panoramic views stretching to Evandale.
At the heart of the home, the kitchen and dining areas form the social hub, connecting effortlessly to the surrounding wings. The eastern wing hosts the master suite, set privately with serene garden aspects, alongside two additional bedrooms, two bathrooms, a study and separate laundry.
A secondary wing, linked by a split level and glass atrium, reveals the fourth and fifth bedrooms, one with ensuite. This wing also leads to the ten-metre inground pool, hot tub and steam room, where breathtaking city views can be enjoyed.
Adjoining the pool atrium, a private courtyard shaded by established trees provides a tranquil outdoor entertaining space. Beyond, a rotunda overlooks the full-sized tennis court and valley below, the perfect setting for intimate events or leisurely afternoons.
The surrounding twenty-eight acres feature rolling hills, established trees, and open lawns, ensuring privacy without sacrificing the property's commanding outlook. Held by the same family for over three decades, CULTOWA represents a once-in-a-generation opportunity to secure one of Launceston's most unique and versatile estates.
Less than fifteen minutes drive to the center of the Launceston city and a few minutes drive to the Newstead shopping precinct, this home is the private architectural lifestyle property that you never thought you would find this close to the city.
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
Listing description written by Lochie Reid, Ray White Living Here Invermay — reproduced as published, not verified by Districts.