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 › Adelaide St
$340,000
Last sold
9 Feb 2023
3
Bedrooms
1
Bathrooms
1
Car spaces
657 m²
Land
138 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
$340,000
9 Feb 2023 · derived via latest_sale
Local land rate: recorded House sales in George Town (last 5 years) with land size have a median of $510/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
-26.9%
Median sale
Suburb $465,050
+1.69 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
UnknownArea
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 TamarThis property is sure to start ticking the boxes from the moment you walk through the door, whether you are a first home buyer, investor or looking for your next family home.
The property consists of 3 spacious bedrooms, with an updated kitchen and bathroom. The kitchen offers updated appliances, a small dishwasher, plenty of cupboard space, and a pantry. The home has had neutral tones used throughout and also has a slate and timber entertaining unit to give the home some unique character.
It will be easy to keep the property at that ideal temperature all year round with a reverse cycle air conditioner (located in the living room) and for that added extra touch of ambiance, there is also an electric, fire effect heater. This really is the property that keeps on giving.
Stepping outside the first area to catch your eye is the large undercover entertaining area, this is the perfect spot to entertain guests, fire up the BBQ, or relax at the end of a long day. The property features a fully fenced backyard with two small garden sheds, elevated garden beds, and even a chicken coup so you can have fresh eggs daily.
At the front of the property, there are established gardens, a covered balcony area (the perfect spot to enjoy your morning coffee) and there is plenty of room for parking out front as well as a single-bay lock-up garage with workshop space.
This property is located in the popular South George Town area and is only minutes away from all the amenities that George Town has to offer, whether that is the shopping district of town, the local schools, the swimming centre, or the water's edge.
George Town has a lot to offer with 3 schools (two public & one private), a modern hospital, 2 supermarkets, as well as hardware supplies and other shopping conveniences. There are also a number of sporting facilities, a swimming centre, social clubs and the internationally designed mountain bike trails are nearby. A grant of $10,000,000 has recently been acquired for the construction of a new indoor aquatic centre and gymnasium. All this, only minutes from the beach, a 35-minute drive to Launceston and less than one hour to the Launceston Airport.
Chattels include: Westinghouse rangehood, Westinghouse cooktop, Westinghouse oven, Panasonic reverse cycle air conditioner, Dimplex electric heater, garden shed x 2, chicken house x 1, clothes hoist, NBN & Fisher & Paykel dishwasher.
For more information contact Andrew Michieletto or Melissa Bennett at Harcourts East Tamar.
Harcourts East Tamar has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however, we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations.
Listing description written by Andrew Michieletto, Harcourts East Tamar — reproduced as published, not verified by Districts.
Nearby 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.