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.
TAS › Glenorchy › Devines Rd
$500,000
Last sold
3 Mar 2025
3
Bedrooms
1
Bathrooms
3
Car spaces
607 m²
Land
99 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
$500,000
3 Mar 2025 · derived via latest_sale
Local land rate: recorded House sales in Glenorchy (last 5 years) with land size have a median of $953/m² of land (n=98). Districts calculation from recorded sales — not a valuation.
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.
Vs Glenorchy
-25.2%
Median sale
Suburb $668,500
+1.38 pp
Gross yield
Suburb 4.10%
Suburb median $668,500 from 74 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 $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.
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
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.
Listing material
Listed by Ripple RealtyThis unassuming three-bedroom home is comfortable and convenient, with clear potential that a few modern upgrades could deliver. Ideally located in the heart of Glenorchy, the brick and tile property will appeal to those buying for the first time or investors looking to extend their portfolio - and it comes with a proven rental record, as it has been tenanted for the last 15 years.
Inside, the inviting lounge has a cosy wood fire and a reverse cycle air conditioner to keep the whole living area at a perfect temperature through all seasons. This room leads through to a functional kitchen with plenty of space for dining.
All three bedrooms are a generous size, and the family bathroom includes a shower and vanity, with separate toilet and laundry facilities adjacent.
The 671sqm block has a secure and low maintenance yard where kids and pets can play safely, and a covered outdoor entertaining area to share with guests or sit back and relax. There's also a single lock-up garage, as well as off-street parking for two cars.
Glenorchy is becoming an increasingly popular place to live, and this home is positioned within easy reach of its many amenities - just over 2km from the town centre's shops and services. There is an easily accessible bus service, a number of schools in the local area, and Hobart's CBD is an easy 15-minute drive away.
Fun and family time can be had at nearby Tolosa Park - a northern suburbs institution - and Barossa Rd Reserve is right around the corner, with play equipment and plenty of space for kids to run about.
Sure to interest a range of purchasers, this is an outstanding opportunity you won't want to miss! Contact Warwick at your earliest convenience to arrange a viewing time before it is snapped up.
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 Warwick Page, Ripple Realty — 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.