Smithton at a glance
3,897
People
$390,000
Median sale
$376/wk
Median rent
5.01%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
TAS › Smithton › Leesville Rd
$699,000
For sale
Asking
2
Bedrooms
1
Bathrooms
13
Car spaces
19,100 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
$699,000
Asking · $37/m² of land
No recorded sale for this property.
Smithton at a glance
3,897
People
$390,000
Median sale
$376/wk
Median rent
5.01%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Vs Smithton
+79.2%
Median sale
Suburb $390,000
-2.21 pp
Gross yield
Suburb 5.01%
Suburb median $390,000 from 27 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$30,662 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.
Pre-filled with Smithton's advertised median rent — not a rent for this listing.
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 is recorded. Suburb median rent $376/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.
Gross yield if leased at the suburb aggregate is 2.8%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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
UnknownArea
Smithton at a glance
3,897
People
$390,000
Median sale
$376/wk
Median rent
5.01%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by One Agency Circular HeadSet on a generous parcel in a peaceful pocket of Smithton, 48 Leesville Road presents the perfect blend of lifestyle, space, and opportunity. Whether you're chasing room to spread out, a base for your business, or the ultimate workshop setup, this property delivers where it counts. The neat and comfortable two-bedroom home offers low maintenance living, with space to easily add a 3rd bedroom. However, the real standout is the substantial shedding, ideal for tradies, mechanics, storage, or anyone needing serious workspace. With plenty of room to expand, adapt or capitalise, this is a property packed with potential. The property also features the following;
- 2 spacious bedrooms (option of 3rd bedroom or second living area)
- Kitchen boasts dishwasher & breakfast bar
- Large bathroom enjoys a walk-in shower & a separate bathtub
- Convenience of reverse cycle heat pump for all your heating and cooling needs
- 6.2kw Solar System in place as well as exceptional water storage (145,000 litres approx.)
- Large 20M X 12M shed with 3M clearance and 2x remote control garage door
- High fences suited for Deer with the property enjoying a rare Deer licence through PWS
- Plenty of room for vehicles, caravans, or machinery
- Enjoy a private & peaceful lifestyle on 4.72 acres
- Situated under 5 minutes from the township of Smithton
Vendor is open to a walk-in, walk-out sale if of interest to relevant parties.
Key Details:
Building Size: 144m² (approx.)
Land Size: 4.72 acres (approx.)
One Agency Circular Head has no reason to doubt the accuracy of the information in this advertisement, which has been sourced from means considered reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
Listing description written by Rylee Popowski, One Agency Circular Head — reproduced as published, not verified by Districts.
Nearby 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.