George Town at a glance
4,972
People
$465,050
Median sale
$410/wk
Median rent
4.58%
Suburb gross yield
Median sale from 86 recorded sales (last 12 months) — a Districts calculation.
TAS › George Town › Macquarie St
$310,000
Last sold
2 May 2025
4
Bedrooms
1
Bathrooms
1
Car spaces
736 m²
Land
115 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
$310,000
2 May 2025 · derived via latest_sale
Local land rate: recorded House sales in George Town (last 5 years) with land size have a median of $513/m² of land (n=101). Districts calculation from recorded sales — not a valuation.
George Town at a glance
4,972
People
$465,050
Median sale
$410/wk
Median rent
4.58%
Suburb gross yield
Median sale from 86 recorded sales (last 12 months) — a Districts calculation.
Vs George Town
-33.3%
Median sale
Suburb $465,050
+2.30 pp
Gross yield
Suburb 4.58%
Suburb median $465,050 from 86 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 $410/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
George Town at a glance
4,972
People
$465,050
Median sale
$410/wk
Median rent
4.58%
Suburb gross yield
Median sale from 86 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts East TamarWhether you're looking for your first home or an investment, this 4 bedroom family home with good water views, should be on the top of your list.
The 4 spacious bedrooms provide ample room for the entire family, ensuring everyone has their own private retreat. The well-appointed bathroom is designed for both functionality and comfort, and the separate toilet is an added convenience. Set on a generous 736 sqm (approx.) flat block, this property offers plenty of outdoor space for children to play, gardening enthusiasts, or future expansion. With a comfortable 115 sqm (approx.) of living space, the layout is designed for easy living and entertaining. Built in 1963, this home exudes character and charm, with the potential for modern updates to suit your personal style.
Situated in a quiet and friendly neighbourhood, 5 Macquarie Street is conveniently located close to local schools, parks, shops, and public transport. There is a park/playground just across the road and it is within walking distance of the nearby riverfront and town centre. Enjoy the laid-back lifestyle that George Town has to offer, with stunning water views and a vibrant community. This property presents an excellent opportunity for those looking to make their mark. Whether you choose to renovate and modernize or simply move in and enjoy, the possibilities are endless.
George Town has a lot to offer with 3 schools, a modern hospital, 2 supermarkets, as well as hardware supplies and other shopping conveniences. There are also a number of sporting facilities, with a swimming centre, social clubs, and the internationally designed mountain bike trails nearby. All this, only minutes from the beach, only a 35-minute drive to Launceston, and less than one hour to the Launceston Airport.
Don't miss out on this fantastic opportunity to secure a family home in a sought-after location. Contact us today to arrange a viewing and see for yourself why 5 Macquarie Street is the perfect place to call home!
Rent: $390 p.wk
Lease expiry; August '25
House size: 115 sqm (approx.)
Land size: 736 sqm (approx.)
Built: 1963
Council rates: approx. $1,800 pa (approx.)
Harcourts East Tamar has no reason to doubt the accuracy of the information in this document which has been sourced from means that are considered reliable, however, we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations.
*Some of the photos of the nearby park and river were not taken from the property.
Listing description written by David Woods, Harcourts East Tamar — reproduced as published, not verified by Districts.