New Town at a glance
6,802
People
$889,500
Median sale
$499/wk
Median rent
2.92%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
TAS › New Town › Swanston St
$1,925,000
Last sold
22 Dec 2025
4
Bedrooms
2
Bathrooms
8
Car spaces
1,315 m²
Land
232 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
$1,925,000
22 Dec 2025 · derived via latest_sale
Local land rate: recorded House sales in New Town (last 5 years) with land size have a median of $1,622/m² of land (n=71). Districts calculation from recorded sales — not a valuation.
New Town at a glance
6,802
People
$889,500
Median sale
$499/wk
Median rent
2.92%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
Vs New Town
+116.4%
Median sale
Suburb $889,500
-1.57 pp
Gross yield
Suburb 2.92%
Suburb median $889,500 from 18 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 $499/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
New Town at a glance
6,802
People
$889,500
Median sale
$499/wk
Median rent
2.92%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by EIS Property"Coolangala" presents an incredible opportunity for two families to live side by side - one, in this beautiful 1920's character home that has stood the test of time and been a much loved family home for over 50 years; the other could build their dream home on the land alongside and live in "Coolangala" while construction is taking place! Already on two titles, both with separate driveway accesses, the only thing needed is the removal of the existing carport to provide clear title - providing the perfect intergenerational opportunity if you are not wanting the larger than usual sized land! Incredibly grand, both in stature and proportions, the privacy surrounding this home is accentuated by the beautiful, level gardens that wrap around this romantic federation residence.
The timeless use of sandstone highlights in and around the property reflects the craftsmanship and proud era of its construction. The entrance with its leadlight window, is spacious and welcoming. A formal lounge with a beautiful bay window and an open fireplace are a precursor to the proportions that flow throughout the residence. Timber panelling and accents, high ceilings and picture rails are on display, while the Blackwood staircase invites you to the upper bedroom level. The family room on the ground level - with mains gas fireplace - adjoins the kitchen meals area, creating a practical open space for relaxing and supervising younger children while preparing meals. There is even a walk in pantry for all the extra food a growing family needs! Stepping out to the tiled alternate dining area, this space doubles as a great indoor play space or rumpus if you have children or love entertaining. The downstairs bathroom and laundry both adjoin this room, making both these super convenient if you are outside in the fabulous gardens, entertaining guests and family in the paved undercover entertaining area with built in barbeque close by, or tinkering in the gardens.
Upstairs, three of the four bedrooms are enormous, exceeding expectations when it comes to having wall space to add built-in robes (apart from the main bedroom which already has a full wall of wardrobes). The fourth bedroom would make a great study with double doors opening to the balcony where you can make the most of the sunny aspect and fresh breeze on a warm summers night. A bathroom on this level is both functional and close by for all the family to use. A combination of electric and natural gas heating, adequately warms the home in the colder months and the sunny aspect and level grounds make this a fantastic family home for all to enjoy!
Rich in original features, this is a once in a lifetime opportunity to buy and build in New Town - side by side - or just enjoy the space and privacy of a large, level double block and the character family home that is "Coolangala"!
Listing description written by Deb Stephens, EIS Property — reproduced as published, not verified by Districts.