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TAS › Kingston › Reeves Cres

5 Reeves Cres, Kingston TAS 7050

For saleHouse for Sale

$850,000

For sale

Asking

4

Bedrooms

2

Bathrooms

4

Car spaces

467 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $850,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $850,000(Listing record · 7 July 2026)
  • CalculationAsk is 12% above the Kingston median recorded sale ($761,250, n=60, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Kingston's advertised median rent ($589/wk), implied gross yield would be 3.60% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$850,000

Asking · $1,820/m² of land

No recorded sale for this property.

Kingston at a glance

13,280

People

$761,250

Median sale

$589/wk

Median rent

4.02%

Suburb gross yield

Median sale from 60 recorded sales (last 12 months) — a Districts calculation.

See the full Kingston report →

Vs Kingston

+11.7%

Median sale

Suburb $761,250

-0.42 pp

Gross yield

Suburb 4.02%

Suburb median $761,250 from 60 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$850,000
Stamp Duty (Tasmania)
$33,435
Transfer/Registration Fee
$257
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$887,392

$37,392 on top of the price (4.4% extra)

  • Stamp Duty (Tasmania)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Pre-filled with Kingston's advertised median rent — not a rent for this listing.

Net yield
2.10%
Annual cashflow (pre-tax)
$-26,322
Interest cover (DSCR)
0.40
Annual rent
$30,628
Operating expenses
$12,750
Loan amount
$680,000
Annual interest
$44,200
Gross yield
3.60%

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.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$850,000available7 July 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

TAS

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $589/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 3.6%. 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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Kingston in one glance

Kingston at a glance

13,280

People

$761,250

Median sale

$589/wk

Median rent

4.02%

Suburb gross yield

Median sale from 60 recorded sales (last 12 months) — a Districts calculation.

See the full Kingston report →

Keep researching

  • Why Kingston? Read the area thesis →
  • What else is on the market in Kingston →
  • Other records on Reeves Cres →

Listing material

Listed by View Real Estate Hobart

North facing family home with views.

Our vendor would like this property sold as they are ready to move to their new venture.

Nestled in a peaceful cul-de-sac in one of Kingston's most sought-after neighbourhoods, 5 Reeves Court presents an outstanding opportunity for families, professionals and investors seeking comfort, convenience and energy-efficient living.

Designed for relaxed everyday living, the home offers a welcoming floorplan with north facing, light-filled living spaces that create a warm and inviting atmosphere. The well-appointed kitchen sits at the heart of the home, providing ample storage and preparation space while flowing effortlessly to the dining and living areas—perfect for family life or entertaining guests.

Read the full description

The accommodation includes generous bedrooms, each designed with comfort in mind, while the family bathroom is both practical and well maintained. Downstairs is a sizable rumpus room as well as a separate office area, both of which could be utilised as bedrooms if required. Outside, the property offers a secure yard with plenty of space for children and pets to play, as well as room to enjoy outdoor dining, gardening or simply relaxing in the privacy of your own surroundings.

Two external decks can be accessed from either level and provide for sunny views over the local area.

Adding to the home's appeal is the inclusion of solar panels, helping to reduce electricity costs while providing a more sustainable lifestyle. This valuable feature offers ongoing savings and enhances the property's long-term appeal for environmentally conscious buyers.

The double garage with remote door also provides for internal access.

Located just minutes from Kingston's vibrant shopping precinct, quality schools, cafés, restaurants, medical facilities and sporting amenities, the home also enjoys easy access to beautiful beaches, walking tracks and a straightforward commute to Hobart's CBD.

Whether you're looking to upsize, downsize or secure a quality investment, this well-positioned home combines lifestyle, practicality and modern efficiency in an exceptional location.

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 Adrian Kelly AM, View Real Estate Hobart — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Broadband
  • Built-in Robes
  • Deck
  • Dishwasher
  • Ensuites: 1
  • Fully Fenced
  • Living Areas: 2
  • Outdoor Entertaining
  • Remote Garage
  • Reverse Cycle Aircon
  • Rumpus Room
  • Secure Parking
  • Solar Panels
  • Study
  • Toilets: 3
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.