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TAS › Glenorchy › Kalang Ave

566 Kalang Ave, Glenorchy TAS 7010

For saleLand for Sale

$239,000

For sale

Asking

0

Bedrooms

0

Bathrooms

0

Car spaces

790 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $239,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $239,000(Listing record · 20 Aug 2025)
  • FactLand 790 m²; no building size recorded.(Property record)
  • CalculationAsk is 64% below the Glenorchy median recorded sale ($668,500, n=74, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Glenorchy's advertised median rent ($527/wk), implied gross yield would be 11.47% — 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

$239,000

Asking · $303/m² of land

No recorded sale for this property.

Glenorchy at a glance

11,936

People

$668,500

Median sale

$527/wk

Median rent

4.10%

Suburb gross yield

Median sale from 74 recorded sales (last 12 months) — a Districts calculation.

See the full Glenorchy report →

Vs Glenorchy

-64.2%

Median sale

Suburb $668,500

+7.37 pp

Gross yield

Suburb 4.10%

Suburb median $668,500 from 74 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$239,000
Stamp Duty (Tasmania)
$7,495
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
$250,452

$11,452 on top of the price (4.8% 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 Glenorchy's advertised median rent — not a rent for this listing.

Net yield
9.97%
Annual cashflow (pre-tax)
$11,391
Interest cover (DSCR)
1.92
Annual rent
$27,404
Operating expenses
$3,585
Loan amount
$191,200
Annual interest
$12,428
Gross yield
11.47%

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$239,000available20 Aug 2025

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 $527/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

Gross yield if leased at the suburb aggregate is 11.5%. 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.

Nearby

Nearby properties

  • 497 Kalang Ave, Glenorchy TAS 7010
  • 493 Kalang Ave, Glenorchy TAS 7010
  • 7 Stansbury St, Glenorchy TAS 7010
  • 22 Stapleton St, Glenorchy TAS 7010

Area

Glenorchy in one glance

Glenorchy at a glance

11,936

People

$668,500

Median sale

$527/wk

Median rent

4.10%

Suburb gross yield

Median sale from 74 recorded sales (last 12 months) — a Districts calculation.

See the full Glenorchy report →

Keep researching

  • Why Glenorchy? Read the area thesis →
  • What else is on the market in Glenorchy →
  • Other records on Kalang Ave →

Listing material

Listed by LJ Hooker Pinnacle Property

Glenorchy - Cleared, Soil-Tested And Build-Ready, 12 Minutes To Town

Ant's “Fluff-Free” Description...

Nature, sunlight and city convenience, with the hard prep already done. Cleared and ready to build,

no waiting, no surprises.

Read the full description

THE GOOD STUFF:

• Only 12 minutes to Hobart's CBD and waterfront

• Cleared and ready to build, no waiting, no surprises

• Soil test included, so you can get your build underway with confidence

• Sun and outlook on a block that's genuinely build-ready

• Approval-ready positioning that's few and far between

• Ideal entry point for a first-home build or an investment hold

• High-demand northern-suburbs rental belt for the land-banker

• Strong public transport, shopping and services all close

• Build the home you want at a price the inner suburbs can't touch

• Established neighbourhood with services already on tap

• The smart, affordable foot in the door

THE BORING-BUT-IMPORTANT BITS:

• Land size: 790sqm

• Status: cleared and ready to build

• Soil test: included

• Distance to CBD: approx 12 minutes

• Zoning: General Residential

• Services: water, sewer, NBN - (Service available area)

• Council: Glenorchy City Council (rates approx $900pa)

• Suited to: first-home build or investment

• Price: Offers Over $239,000

566 Kalang Avenue won't sit around quietly. At Offers Over $239,000, the smart money moves first

and the numbers do the talking.

Call Ant before someone else does the same sums you just did.

Contact: Ant Manton - 0408 621 856 - antmanton@ljhpinnacle.com.au

Onwards and upwards to your affordable foot in the door!

I Work Harder - It's THAT Simple!

Disclaimer: The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information.

Listing description written by Ant Manton, LJ Hooker Pinnacle Property — reproduced as published, not verified by Districts.

Districts

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

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