West Launceston at a glance
4,336
People
$705,000
Median sale
$527/wk
Median rent
3.89%
Suburb gross yield
Median sale from 41 recorded sales (last 12 months) — a Districts calculation.
TAS › West Launceston › Neika Ave
4
Bedrooms
4
Bathrooms
4
Car spaces
550 m²
Land
285 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in West Launceston (last 5 years) with land size have a median of $861/m² of land (n=107). Districts calculation from recorded sales — not a valuation.
West Launceston at a glance
4,336
People
$705,000
Median sale
$527/wk
Median rent
3.89%
Suburb gross yield
Median sale from 41 recorded sales (last 12 months) — a Districts calculation.
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 $527/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 Launceston at a glance
4,336
People
$705,000
Median sale
$527/wk
Median rent
3.89%
Suburb gross yield
Median sale from 41 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Wolf PropertySights match style and luxury accompanies outlooks to ensure this spectacular modern home delivers the ultimate in comfortable living. Spaces which were already impressive and inviting have been elevated to even higher levels of allure by a comprehensive list of recent additions. All this in a location offering ideal proximity to Cataract Gorge, the city centre and West Launceston Primary School.
Upstairs and downstairs provide generous dimensions for living, dining and entertaining, each enhanced by exceptional outdoor areas including a substantial deck and patio also featuring a six person spa surrounded by glass panels beneath a re-finished timber ceiling.
Double glazing and window tinting complement enjoyment of the views and a brand new kitchen by award winning Hodgman Kitchens equipped with Haefele accessories, quality appliances and pantry meets every imaginable need with effortless ease, exceptional storage and designer elegance.
The flexibility of four bedrooms and four bathrooms including a main bedroom served by a walk-in robe and a beautifully appointed ensuite contribute awesome family accommodation to a floor-plan that also offers a dedicated central study or home office.
Re-vitalized landscaping, a double garage plus a single garage add to the outdoor attraction of an architect designed address, with a 6.3 star energy rating boasting 40 rooftop solar panels. This lovely home is defined by its impeccable contemporary character and the never ending brilliance of views that stretch across the streetscape to the hills and skyline far beyond.
For more information or to arrange an inspection please contact Jessica Hogarth on 0488 016 035.
Listing description written by Jessica Hogarth, Wolf Property — reproduced as published, not verified by Districts.