Castle Forbes Bay at a glance
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Median sale
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Median rent
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Suburb gross yield
TAS › Castle Forbes Bay › Palmers Rd
$1,430,000
For sale
Asking
3
Bedrooms
2
Bathrooms
3
Car spaces
30,100 m²
Land
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
Asking
$1,430,000
Asking · $48/m² of land
No recorded sale for this property.
Castle Forbes Bay at a glance
No data
Median sale
No data
Median rent
No data
Suburb gross yield
$63,492 on top of the price (4.4% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Tasmania schedules from 2026-07-01. Ongoing council rates and land tax are not included.
No rent is recorded for this listing. Enter a weekly rent to model yield.
Enter a purchase price and weekly rent to calculate yield.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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 and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.
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.
0 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
UnknownNo advertised rent and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.
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
Castle Forbes Bay at a glance
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Median sale
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Median rent
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Suburb gross yield
Listing material
Listed by The Property CultureConsisting of 7 acres (3.01ha), this impressive Huon Valley lifestyle property combines a modern country home with a wonderful sense of space, well fenced fertile pastures, and amazing views right up the Huon River, perfectly framed by the surrounding hills and distant Wellington Range.
Access is via a quiet no-through road, with an electric entrance gate opening into the fully fenced house yard. The driveway loops conveniently around and leads to a generous resort-style covered entry carport, where an impressive solid-timber front door sets the tone for what lies within.
Stepping inside, the first thing to capture your attention is the view.
Expansive picture windows stretch across the living areas, filling the home with natural light and beautifully framing the Huon River and mountain panorama. High ceilings enhance the feeling of space, while rich timber flooring brings warmth and character to the contemporary country interior.
Designed with comfort and efficiency in mind, the home is fully double glazed and well insulated, with its favourable northern aspect helping capture natural warmth and sunlight. A large rooftop solar system further assists in keeping household running costs down. A multi-zoned ducted reverse-cycle air-conditioning system provides year-round climate control, whilst a slow-combustion wood fire within a feature brick fireplace in the main lounge adds both warmth and a lovely atmosphere during the cooler months.
The open-plan living area forms the heart of the home, consisting of the lounge at one end and the central dining space perfectly positioned to take full advantage of the outlook. The kitchen sits cleverly overlooking the living zone, allowing whoever is preparing meals to remain connected with family and guests. Stone bench tops and quality appliances combine practicality with a clean, contemporary finish.
From the living area, there is direct access onto the covered entertaining deck – an inviting extension of the home and a wonderful place to dine outdoors, entertain friends or simply sit back and watch the landscape change throughout the day.
Down the hallway, there is excellent built-in storage along the way to the bedrooms. The master bedroom has its own stylish ensuite and also benefits from direct access onto the covered deck, creating a lovely place to enjoy a morning coffee while taking in the surrounding countryside.
The remaining bedrooms both come with built-in robes and are serviced by the central family bathroom, providing comfortable accommodation for children, family or visiting guests.
Should you be keen on 4 bedrooms, previously approved extension plans are available for an entirely new master suite, offering an exciting opportunity to further enhance the home if desired.
Beyond the residence, the property provides genuine lifestyle versatility. The land is predominantly very gently undulating and has been thoughtfully divided into well-fenced pasture paddocks. Whether your plans include hobby farming or simply enjoying the space around you, the property provides plenty of options. Currently there are a few sheep who would love to stay on.
Two dams, supplied by a seasonal winter spring source, add both practical value and another attractive feature to the landscape, while also providing a natural habitat for local birdlife. A garage/workshop is conveniently positioned between the house and access to the paddocks. A lean-to off the garage provides great extra shelter.
There is ample room to further develop the property around the lifestyle that suits you – establish an orchard, expand the vegetable garden, keep chickens, create productive garden areas or simply enjoy having open pasture and space between you and the outside world.
Perfectly positioned between the historic riverside village of Franklin and the vibrant country township of Geeveston with Port Huon nearby offering a Hotel for local pub style meals, a marina and indoor heated pool and sports complex.
The property places you within one of southern Tasmania’s most appealing lifestyle regions. The Huon Valley is renowned for its fresh produce, orchards, farm gates, markets, waterways and strong sense of community, with local events and attractions providing plenty to discover throughout the year.
Huonville, the major service centre of the region, is approximately 15 minutes away, providing a Woolies supermarket, schools, medical facilities, cafés and everyday services, while Hobart’s CBD can be reached in well under an hour along a scenic route through the valley.
Please contact us for further information or to arrange a private viewing.
Listing description written by Karl Gallienne, The Property Culture — reproduced as published, not verified by Districts.