Park Grove at a glance
2,733
People
$695,000
Median sale
$418/wk
Median rent
3.13%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
TAS › Park Grove › Heather Cres
$560,000
Last sold
8 Nov 2024
3
Bedrooms
2
Bathrooms
2
Car spaces
831 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
$560,000
8 Nov 2024 · derived via latest_sale
Local land rate: recorded House sales in Park Grove (last 5 years) with land size have a median of $754/m² of land (n=81). Districts calculation from recorded sales — not a valuation.
Park Grove at a glance
2,733
People
$695,000
Median sale
$418/wk
Median rent
3.13%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
Vs Park Grove
-19.4%
Median sale
Suburb $695,000
+0.75 pp
Gross yield
Suburb 3.13%
Suburb median $695,000 from 21 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 $418/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
Park Grove at a glance
2,733
People
$695,000
Median sale
$418/wk
Median rent
3.13%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Jenrew Real EstateBest of both worlds is a commonly used phrase where this property offers even more than a pretty facade and Burnie’s most desirable location, the heart of Park Grove.
A low traffic and safe no-through street is where it starts, a curb side appeal supported by a pleasant welcoming roofline design and patio style entrance, established low rock walls and gardens that welcomes you home.
Stepping into a sizable living space that makes a statement of its own, teasing you to the west facing glazing showcasing nearby urban views but more so beyond to the rolling pastures of farmland in the distance. The homes’ brilliant elevation facing the ever-changing sky, provides a beautiful backdrop on dusk.
The family functional air-conditioned (warm and cool) living areas are design to be just that, family friendly and usable. The main sitting space from the entrance can take the very large screen TV, dual cavity sliding doors to an open dining, near new modern kitchen with all the bench space one would need, plus another casual sitting space, best described as a family living space.
Quality and hard-wearing style vinyl plank flooring is thoughtfully positioned in this space to withstand the punishment!
An ensuite and WIR to the master bedroom that also enjoys the west facing sunshine, built-in robes to the additional bedrooms.
A separate bath and shower to the main bathroom.
Sliding door access to large undercover spaces, also ideal for young children that love to venture outside all year round, potentially a brilliant play area or entertainment spaces, additional storage rooms and garden sheds, one with power, are a brilliant extra storage extension of the home, level pathways around the rear and side of home.
The rumpus with potential for a 4th bedroom or the opportunity to be reinstated as a garage, currently has an external sliding door retrofitted with a remote roller door fitted behind opens up a multitude of uses.
Solar panels support the homes’ economical power and running costs.
Extra concrete parking for a trailer or another vehicle to the left side of the home.
An honest well-constructed home, built on a concrete slab, warm, comfortable and a very affordable option and opportunity to reside in Park Grove.
Private and public education at your fingertips, North West Regional hospital, parks, cafe’ and nursery, an IGA for those last-minute items in the way home.
Come and experience a relaxed lifestyle in one of Burnie’s most loved suburbs, you’ll soon understand why.
Call Team Jenrew, it’s us working with you!
Additional Property Information:
Year Built: 1995
Council Rates: $2,188.88pa approx
Water Rates: $1,148.80pa + usage charges
Floor area: 149m2 approx (excluding undercover area)
DISCLAIMER: Whilst every effort has been made to ensure the accuracy and thoroughness of the information provided to you in our marketing material, we cannot guarantee the accuracy of the information provided by our Vendors or other third parties, and as such, Jenrew Real Estate makes no statement, representation, or warranty, and assumes no legal liability in relation to the accuracy of the information provided. Interested parties should conduct their own inquiries in relation to each property they are considering purchasing to determine whether this information is in fact accurate. All photographs, maps and images are representative only, for marketing purposes.
Listing description written by Jenna & Andrew Miles, Jenrew Real Estate — reproduced as published, not verified by Districts.