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TAS › Mowbray › Trueman Cres

5 Trueman Cres, Mowbray TAS 7248

House

$590,000

Last sold

29 July 2026

3

Bedrooms

1

Bathrooms

0

Car spaces

557 m²

Land

90 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $590,000 (29 July 2026).(Recorded sale)
  • CalculationLand 557 m² against a 90 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Mowbray (last 5 years) with land size: median $722/m² of land (n=109). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

What this lot has actually traded at

Last sold

$590,000

29 July 2026 · derived via latest_sale

Local land rate: recorded House sales in Mowbray (last 5 years) with land size have a median of $722/m² of land (n=109). Districts calculation from recorded sales — not a valuation.

Mowbray at a glance

4,146

People

$541,000

Median sale

$518/wk

Median rent

4.98%

Suburb gross yield

Median sale from 33 recorded sales (last 12 months) — a Districts calculation.

See the full Mowbray report →

Vs Mowbray

+9.1%

Median sale

Suburb $541,000

-0.41 pp

Gross yield

Suburb 4.98%

Suburb median $541,000 from 33 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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. Sold$590,00029 July 2026
  2. Listedprice unknowncompleted21 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 $518/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.

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

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

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

Mowbray in one glance

Mowbray at a glance

4,146

People

$541,000

Median sale

$518/wk

Median rent

4.98%

Suburb gross yield

Median sale from 33 recorded sales (last 12 months) — a Districts calculation.

See the full Mowbray report →

Keep researching

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

Listing material

Listed by This Space Real Estate

THIS SPACE: Light, Space & Family

THIS SPACE PRESENTS: 5 Trueman Crescent, Mowbray TAS 7248

Perfectly positioned to capture the sun and the vibrant spirit of its surroundings, this beautifully refreshed 1950s residence offers a lifestyle of ease and enjoyment. From the moment you arrive, there is a sense of warmth and genuine character that flows through every room. The interior is defined by a light filled atmosphere and a thoughtful layout that prioritises comfortable living, making it an ideal retreat for first home buyers, young families, or those looking for a savvy investment in a high growth pocket of Northern Tasmania.

The heart of the home extends seamlessly to an expansive outdoor entertaining Space that truly sets this property apart. A generous timber deck, complete with a covered gazebo, invites you to host long weekend lunches regardless of the season. The inclusion of a built in outdoor kitchen and a traditional pizza oven transforms the backyard into a private culinary oasis, while the level, secure lawn provides a safe haven for children and pets to play. It is a home designed for making memories, where the transition between indoor relaxation and outdoor celebration is entirely effortless.

Read the full description

Beyond the front gate, the convenience of Mowbray living is at your fingertips. This elevated Space offers a lifestyle where everything you need is within reach, from local parklands to bustling shopping hubs. With its classic proportions and modern lifestyle enhancements, 5 Trueman Crescent represents an exceptional opportunity to secure a move in ready home that doesn't compromise on style or outdoor amenity.

THIS SPACE: the features.

· Three well proportioned and light filled bedrooms

· Central bathroom

· Inviting living area designed for relaxation

· Modern kitchen with ample storage and a functional flow

· Expansive timber deck perfect for large scale entertaining

· Covered gazebo providing year round outdoor versatility

· Custom-built outdoor kitchen featuring a traditional pizza oven

· Level and fully fenced 557 sqm allotment

· Single garage plus additional off street parking

· Low-maintenance gardens and secure backyard Space

THIS SPACE: the location.

Mowbray is a vibrant and highly convenient suburb that perfectly balances lifestyle and accessibility. Situated just moments from the Mowbray Marketplace, you have every amenity at your doorstep, from major supermarkets to local specialty cafes. The area is highly sought after for its proximity to prestigious educational institutions, including Launceston Church Grammar and the University of Tasmania campus. With the Launceston CBD only a short ten-minute drive away, this location offers an easy commute for professionals while maintaining a relaxed, community-focused atmosphere near the banks of the Tamar River.

THIS SPACE: the details.

House size: 90

Land size: 557

Built: 1953

Zoning: General Residential

DISCLAIMER: This Space Real Estate provides this information for general guidance only. While every effort is made to ensure accuracy, we make no representations or warranties regarding the completeness or reliability of any information provided. All prospective purchasers should conduct their own investigations. This Space Real Estate accepts no liability for errors, omissions, or misstatements.

PROPERTY ACCESS DISCLAIMER:

Entry to the property requires prior approval from employees of This Space Real Estate. Persons entering or inspecting the property do so entirely at their own risk. This Space Real Estate, the vendor and their representatives accept no liability for any injury, loss or damage sustained while accessing or inspecting the property, including but not limited to slips, trips, falls, snake bites, uneven terrain or natural hazards. All persons should exercise caution and ensure appropriate footwear and care is taken whilst on the property.

VIRTUAL STAGING DISCLAIMER:

Some images in this advertisement may have been digitally staged for illustrative purposes only. Virtual staging is used to demonstrate the potential of a space and does not represent the actual furnishings, finishes, or condition of the property. Prospective purchasers should rely on their own inspection and not on virtually staged images when making any decisions. This Space Real Estate accepts no liability for any discrepancy between virtually staged images and the actual property.

Property Code: 384

Listing description written by Jamie Beaton, This Space Real Estate — reproduced as published, not verified by Districts.

Property features

  • Fully Fenced
  • Outdoor Entertaining
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.