Lutana at a glance
2,532
People
$700,000
Median sale
$528/wk
Median rent
3.92%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
$665,000
For sale
Asking
$550,000
Last sold
6 July 2023
3
Bedrooms
1
Bathrooms
2
Car spaces
738 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
$665,000
Asking · $901/m² of land
Last recorded sale $550,000 (6 July 2023).
Local land rate: recorded House sales in Lutana (last 5 years) with land size have a median of $1,041/m² of land (n=67). Districts calculation from recorded sales — not a valuation.
Lutana at a glance
2,532
People
$700,000
Median sale
$528/wk
Median rent
3.92%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
Vs Lutana
-5.0%
Median sale
Suburb $700,000
+0.21 pp
Gross yield
Suburb 3.92%
Suburb median $700,000 from 25 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$29,217 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 Lutana'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 $528/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 4.1%. 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
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
Lutana at a glance
2,532
People
$700,000
Median sale
$528/wk
Median rent
3.92%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Brick & CastleNestled within the sought-after 'Lutana Village', the house offers stunning vistas of the River Derwent and Mt. Wellington, creating a picturesque backdrop for daily living. Meticulously renovated throughout, it boasts an array of delightful features and is ready to welcome its next family to effortlessly move in and enjoy.
Upon entry, you are welcomed by a gracious foyer with lovely timber floorboards and beautiful colour tones that evoke a warm, homely atmosphere. The cozy lounge to the left, which boasts a wooden heater and new air conditioner, perfect for family gatherings or entertaining friends.
Down the hall, the beautifully renovated eat-in kitchen is a culinary enthusiast's dream, offering ample storage and quality appliances. The dining area seamlessly extends to a sun-filled patio and a low-maintenance yard, providing a private oasis for enjoyment.
The home features three bedrooms, each adorned with floor-to-ceiling built-in wardrobes. These rooms are designed to provide a cozy and relaxing retreat for everyone in the family. The family bathroom has been upgraded with a walk-in shower and a separate toilet. An additional WC in the laundry room adds convenience and eliminates morning rush-hour chaos.
This property also benefits two shed/storages, as well as off-street parking spaces. With a new roof, being freshly painted, and near-level access, this fabulous property ensures peace of mind and durability for years to come.
Located towards the front of the property, there is an opportunity to extend or build a second dwelling at the rear (DA APPROVED). This home provides ample space to meet the needs of a growing family and also offers investors the prospect of positive proven rental yields, or it is ideal for those looking to downsize and future proof. From either perspective it's an exceptional opportunity.
Nearby, the Lutana Woodlands Reserve offers a perfect space for leisurely walks and children's play. Known for its friendly community, Lutana Village offers a wonderful lifestyle with its proximity to New Town and Moonah shopping precincts, featuring a diverse range of shops, restaurants, and services to cater to every need.
Don't miss out on this property that combines charm, comfort, and modern elegance - truly an exceptional opportunity.
* Land size 738 sqm (approximately)
* Wonderful views
* 10mins from Hobart CBD
* Amazing renovation
* Potential of second dwelling
* 3 bedrooms all with built-ins
* New air conditioner in all bedrooms and living room
* Fenced and low maintenance backyard
* 2 mins to Newtown bay golf club
Council rate approx $2,038 p.a
Water rate approx $1,108 p.a
Built in 1957 approx
Approx
2mins driving to New town bay Golf club
10mins driving to Hobart CBD
10mins to Glenorchy shopping centers
10mins to Mona Museum
12 mins to Claremont Golf course
We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
Listing description written by Zmin Yang, Brick & Castle — reproduced as published, not verified by Districts.