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TAS › Cygnet › Lymington Rd

44 Lymington Rd, Cygnet TAS 7112

House

$535,000

Last sold

5 Feb 2025

2

Bedrooms

1

Bathrooms

2

Car spaces

664 m²

Land

135 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 $535,000 (5 Feb 2025).(Recorded sale)
  • CalculationLand 664 m² against a 135 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Cygnet (last 5 years) with land size: median $644/m² of land (n=41). 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

$535,000

5 Feb 2025 · derived via latest_sale

Local land rate: recorded House sales in Cygnet (last 5 years) with land size have a median of $644/m² of land (n=41). Districts calculation from recorded sales — not a valuation.

Cygnet at a glance

1,939

People

$778,000

Median sale

$460/wk

Median rent

3.07%

Suburb gross yield

Median sale from 17 recorded sales (last 12 months) — a Districts calculation.

See the full Cygnet report →

Vs Cygnet

-31.2%

Median sale

Suburb $778,000

+1.40 pp

Gross yield

Suburb 3.07%

Suburb median $778,000 from 17 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

  1. Sold$535,0005 Feb 2025
  2. Listedprice unknowncompleted19 Dec 2024

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 $460/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

Cygnet in one glance

Cygnet at a glance

1,939

People

$778,000

Median sale

$460/wk

Median rent

3.07%

Suburb gross yield

Median sale from 17 recorded sales (last 12 months) — a Districts calculation.

See the full Cygnet report →

Keep researching

  • Why Cygnet? Read the area thesis →
  • What else is on the market in Cygnet →
  • Other records on Lymington Rd →

Listing material

Listed by The Property Culture

Charming Cottage, Great Location

Located along the esplanade between the centre of Cygnet and the Yacht Club on Port Cygnet Bay, this charming cottage offers a great position and country character. Originally built in 1938, the vertical board cottage has had some changes over the years, and yet still super quaint complete with the picket fence out the front.

As you step inside, there are 2 spacious bedrooms on one side of the hallway and an open plan living and lounge that leads through to the dining and kitchen at the other end. There is plenty of space within the living area to return the cottage to 3 bedrooms should that be required. The kitchen is original, along with many other features in the home, but the bathroom has had a full make over and is now a very spacious room with a separate shower and bath. Some further love and care will bring this cottage back to glory and maintain it well into the future.

Outside, there is a right of way access up the side of the property to the carport that connects the back of the home to the old shed/workshop. This is where the laundry is located and another toilet, ideal for when in the garden. The yard is level and private, providing plenty of space for your pet to run around. In the back corner, a wood shelter is a great spot for the firewood for the slow combustion wood fire in the lounge. On the side, a garden shed is practical for the gardening tools.

Read the full description

Straight across the road is a walking track that lines the bay. Left will be a short walk into the centre of town, right will take you to the shore of the bay and the yacht club. Cygnet is a vibrant town with shops, cafés and basic services such as small supermarkets and doctors. Next door to the property, the original old apple packing sheds are now used for arts and crafts and woodworking. Over the back fence, there are rural pastures providing a nice outlook from the garden.

Please contact us for more information or to arrange a private viewing.

Listing description written by Karl Gallienne, The Property Culture — 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.