West Hobart at a glance
6,452
People
$1,055,000
Median sale
$553/wk
Median rent
2.73%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
TAS › West Hobart › Lansdowne Cres
$1,650,000
Last sold
2 Mar 2026
6
Bedrooms
2
Bathrooms
2
Car spaces
607 m²
Land
320 m²
Building
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
$1,650,000
2 Mar 2026 · derived via latest_sale
Local land rate: recorded House sales in West Hobart (last 5 years) with land size have a median of $2,173/m² of land (n=103). Districts calculation from recorded sales — not a valuation.
West Hobart at a glance
6,452
People
$1,055,000
Median sale
$553/wk
Median rent
2.73%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
Vs West Hobart
+56.4%
Median sale
Suburb $1,055,000
-0.99 pp
Gross yield
Suburb 2.73%
Suburb median $1,055,000 from 29 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 $553/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
West Hobart at a glance
6,452
People
$1,055,000
Median sale
$553/wk
Median rent
2.73%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by South Property Group"Manitu " in Lansdowne Crescent is one of the nicest and most coveted streets on the city fringe and a fantastic location!
The streetscape features an eclectic mix of historic and mid century properties with a natural tree lined curve from end to end. River Derwent vistas are apparent from both levels.
Gourlay Street provides safe easy access for off street parking at the rear. The garden beyond could be developed further…think plunge pool, carport/garage and covered entertaining area connecting to the outdoors.
'Manitu' is an important example of the Victorian Rustic Gothic period of architecture and was built circa1880. Many fine features are evident throughout which include a beautiful bay window set into the sandstone facade, coloured glass accents, high ceilings and timber detailing.
The interiors extend over two storeys, presently configured as dual occupancy with independent access.The floor plan is entirely flexible allowing for more living space and less dedicated bedrooms depending on individual requirements.Equally, multi generational living is feasible or explore a development opportunity with respect to stratum title of the existing footprint to allow for 3 very spacious separate apartments ,subject to council approval.
Lucrative Airbnb or long term rental will provide excellent returns or explore the potential to convert the existing floor plan to a single substantial residence which would be a great opportunity for a family given the proximity to schooling, leisurely pursuits, cafes and food stores.
Anticipation of something special is the first impression on entry. Sandstone steps with decorative twin pillars lead to a 4 panelled timber door and a verandah featuring cast iron brackets. A generously proportioned entrance hall opens to a number of spacious rooms with versatility in terms of accommodating individual requirements. The existing living room with french doors to the verandah and the sunroom in the western wing. A ornate mantelpiece and fireplace with a bevelled mirror and a cast iron fireplace with ceramic tiles provides a focal point.
The lower level can easily provide up to 4 bedrooms, comprising 3 double rooms with bedroom 4, a single would serve really well as a home office. The bathroom on this level is a wonderful space, over sized, warm, with gorgeous coloured glass accents providing pops of colour.
There is also a dedicated separate laundry and gardener's toilet at the rear adjacent to a handy storage shed.
A country style kitchen with timber joinery overlooks a kitchen garden, lawn and fruit trees. A butler's pantry is convenient and practical opening to a covered workshop/studio, a great space with a myriad of uses. There are 6 solar panels on the roof linked to the meter for the lower level. There are also separate NBN boxes for both the house and self -contained apartment on the upper level.
The upper level has a separate entrance and is accessed from the courtyard garden as the internal stairs, although still visible have been de - commissioned but could easily be re-instated.
Great natural light and expansive spaces with a central hallway, 3 bedrooms, a study, a living room opening to a fabulous eat in kitchen with plenty of room for a dining table as well. Lovely vista of the river and roof scape of West Hobart really add to the appeal of this upstairs apartment.
Number 45 is an extraordinary property enjoying a superb corner position, walking distance to the city fringe, North Hobart's Elizabeth Street restaurant precinct and Knocklofty Reserve. A selection of schools, playgrounds and green space is also within the immediate vicinity.
'Manitu' has huge potential to add capital value. Continue as a dual household or restore to a superb and substantial residence… representative of that quintessential sandstone abode typical across Tasmania.
Listing description written by Lynne Page, South Property Group — reproduced as published, not verified by Districts.
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