Trevallyn at a glance
4,878
People
$755,000
Median sale
$536/wk
Median rent
3.69%
Suburb gross yield
Median sale from 44 recorded sales (last 12 months) — a Districts calculation.
TAS › Trevallyn › West Tamar Rd
$955,000
Last sold
15 Jan 2026
5
Bedrooms
5
Bathrooms
7
Car spaces
2,142 m²
Land
223 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
$955,000
15 Jan 2026 · derived via latest_sale
Local land rate: recorded House sales in Trevallyn (last 5 years) with land size have a median of $782/m² of land (n=103). Districts calculation from recorded sales — not a valuation.
Trevallyn at a glance
4,878
People
$755,000
Median sale
$536/wk
Median rent
3.69%
Suburb gross yield
Median sale from 44 recorded sales (last 12 months) — a Districts calculation.
Vs Trevallyn
+26.5%
Median sale
Suburb $755,000
-0.77 pp
Gross yield
Suburb 3.69%
Suburb median $755,000 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 $536/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
Trevallyn at a glance
4,878
People
$755,000
Median sale
$536/wk
Median rent
3.69%
Suburb gross yield
Median sale from 44 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts LauncestonBuilt in 1902 by prominent Launceston businessman George Colville McKinlay, Penghana (the Turret House) remains a landmark of Tasmanian heritage and enduring craftsmanship. Its distinctive turret, originally designed to view ships entering the old seaport, now frames sweeping outlooks across the Seaport and city skyline. Inside, five ensuite bedrooms blend period grace with modern comfort-high ceilings, ornate cornices, leadlight windows, original Baltic Cedar and Huon Pine doors.
The open-plan kitchen and dining area feature quality appliances and a walk-in pantry, while the main suite adds a walk-in robe and heated-floor ensuite. Constructed with impressive solidity and fitted with specialised heritage-grade acoustic glazing, the home maintains a calm, quiet interior.
With prior approval and proven success as a Heritage Bed & Breakfast, Penghana offers versatility to live and host guests or operate as a dedicated boutique accommodation business, just minutes from the Gorge, Seaport and CBD.
Key Features
• Beautifully maintained c. 1902 weatherboard residence of architectural and historical significance
• Iconic turret offering panoramic Seaport and city views
• Five ensuite bedrooms or four plus additional living/formal dining option
• Heritage features throughout: leadlight entry, ornate ceilings, original fireplaces
• Open-plan kitchen/dining with quality appliances and walk-in pantry
• Main suite with walk-in robe and heated-floor ensuite
• Solidly constructed with heritage-friendly window sound dampening for a peaceful interior
• Ducted gas heating, reverse-cycle air conditioning, monitored security
• Terraced gardens with fruit trees, vegetables and watering system
• Formerly approved and operated as a Heritage Bed & Breakfast
• Double carport with extra storage above and plenty of off-street parking for 5 cars
• Close to the Cataract Gorge and an abundance of scenic walking trails
• Prime Trevallyn position near Seaport, shops, schools and city services
• Only 3 minutes' drive to Launceston's CBD (or 20-minute walk)
Penghana stands as one of Trevallyn's most distinguished historic homes - a remarkable opportunity to combine lifestyle, legacy and income in one timeless property. Speak with Jeremy Wilkinson for professional guidance on your next move.
Rental estimate: Up to $680 pw (Long term)
House size: 223 sqm
Land size: 2,142 sqm (half acre)
Built: 1902
Council rates: $3,000 pa
Zoning: General Residential
Council: Launceston City
**Harcourts Launceston has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate**
Listing description written by Jeremy Wilkinson, Harcourts Launceston — reproduced as published, not verified by Districts.