Old Beach at a glance
4,823
People
$688,000
Median sale
$605/wk
Median rent
4.57%
Suburb gross yield
Median sale from 43 recorded sales (last 12 months) — a Districts calculation.
$600,000
Last sold
6 Feb 2023
3
Bedrooms
1
Bathrooms
4
Car spaces
700 m²
Land
156 m²
Building
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
Last sold
$600,000
6 Feb 2023 · derived via latest_sale
Local land rate: recorded House sales in Old Beach (last 5 years) with land size have a median of $936/m² of land (n=93). Districts calculation from recorded sales — not a valuation.
Old Beach at a glance
4,823
People
$688,000
Median sale
$605/wk
Median rent
4.57%
Suburb gross yield
Median sale from 43 recorded sales (last 12 months) — a Districts calculation.
Vs Old Beach
-12.8%
Median sale
Suburb $688,000
+0.67 pp
Gross yield
Suburb 4.57%
Suburb median $688,000 from 43 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 $605/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
Old Beach at a glance
4,823
People
$688,000
Median sale
$605/wk
Median rent
4.57%
Suburb gross yield
Median sale from 43 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Petrusma Property Sandy BayThis level access home with fantastic established gardens must be seen to be appreciated in an established area of Old Beach with tree lined streets and bird-life all around. This is a great opportunity to get in to one of the best pockets of Old Beach and just enjoy the convenience, quietness, privacy and relaxation with views of Mount Wellington sitting under your front patio.
Set at the end of a quiet and private cul-de-sac surrounded by great mountain views including Mount Wellington, this brick veneer/tile roof gem of a home was built in 1993 and has so much to offer including a fantastic fenced level yard; an undercover entertaining area off the living room, a short stroll to the Old Beach convenience store, and plenty of space to park your cars/caravan off the street.
Upon entry you will truly be impressed by the floor plan. The lounge area is generously sized with plenty of glazing allowing for plenty of light and the home has a fabulous feel about it. 5 Ellie Court is the perfect property for a first home owner, down-sizer or investor chasing yield on a solid property in a growth suburb within a wonderful neighbourhood.
The yard has an established garden and secure making it perfect for children & pets to play. Terrific landscaping, established plants, and a tidy garden beds make the grounds low maintenance and easy care. The bonus is there is plenty of room on the driveway where you have plenty of space to park vehicles (including a single undercover car port), caravans or perhaps have a game of cricket !
About Old Beach
Old Beach is around 20 minutes drive from the Hobart CBD and surrounded by mountainous terrain and bush-land and is a family suburb with numerous walking tracks by the foreshore and a new park for the kids. Local transport services and proximity to the popular Verve Cafe' make Old Beach a sought after location.
Located just 15 minutes from major shopping, schools and services in either direction, and just 20 minutes to Hobart CBD makes this the perfect position for a range of buyer types. There is something for everyone here, both inside and out, come and see your new home.
Key Features
- Quick commute to Hobart within 20 minutes
- Solid 1993 brick veneer home with tile roof
- Undercover outdoor alfresco, just perfect for entertaining
- Level access & plenty of natural light
- Room to park your car and get your caravan off the street
- Surrounded by mountain views
- Generous lounge and dining space
- Neat & tidy kitchen
- Bedrooms all of generous size including built-ins
- Beautifully manicured garden with established plants
- Secure backyard for kids or pets
With over $25 billion worth of infrastructure projects in the pipeline over the next decade in Tasmania, Hobart remains a solid city to be investing in with migration levels back to pre-pandemic levels and population growth. Demand is currently high, rental yields are great, and with stock levels of quality homes low we encourage you to get in quick on this opportunity.
Construction: Brick Veneer
Heating: Heat pump
Council Rates: Approx. $1,300 p/a
Water Rates: Approx. $1,050 p/a
Rental Estimate: $560 - $600 per week
Listing description written by Tony Dion, Petrusma Property Sandy Bay — reproduced as published, not verified by Districts.