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 › Illusion Way
$565,000
Last sold
30 Oct 2025
4
Bedrooms
1
Bathrooms
2
Car spaces
833 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
$565,000
30 Oct 2025 · 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
+21.5%
Median sale
Suburb $465,050
-0.81 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
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
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 TamarNestled in the vibrant community of George Town, this delightful 4-bedroom, 1-bathroom home offers the perfect blend of comfort, style, and convenience. With a generous land area of 833 sqm (approx.) and a well-designed building area of 133 sqm (approx.), this property is ideal for families and investors alike. Step inside to discover an open-plan layout that seamlessly connects the living, dining, and kitchen areas, perfect for entertaining family and friends. The kitchen boasts a dishwasher for added convenience, and the updated, modern bathroom features contemporary fixtures. Each bedroom is equipped with built-in robes, providing ample storage space. Enjoy year-round comfort with the reverse cycle air conditioning & wood heater, ensuring your home remains cozy in every season. The home has recently been refreshed with a new coat of paint and plush new carpeting.
The outdoor space is equally impressive, featuring a spacious deck that invites you to relax and unwind. The outdoor entertaining area is perfect for hosting summer barbecues, and there is also a double garage/workshop + and a handy shed providing additional storage for your gardening tools and equipment. The fully fenced yard creates the perfect space for children and pets to play safely.
This property is ideally located close to local schools, making it perfect for families, and with easy access to essential services and amenities you're sure to enjoy the convenience of living in a thriving community. Ideal as a family home or a smart investment opportunity. Don't miss out on this fantastic opportunity to secure a beautiful home in George Town. Whether you're looking to settle down or invest, 6 Illusion Way is a must-see! Contact us today to arrange a viewing and experience all that this property has to offer.
Rent: $550 p.wk
House size: 133 sqm (approx.)
Land size: 833 sqm (approx.)
Built: 2011
Council rates: approx. $1,940 pa
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. All this, only minutes from the beach, a 35-minute drive to Launceston, and less than one hour to the Launceston Airport.
Harcourts East Tamar has no reason to doubt the accuracy of the information in this document which has been sourced from means that are considered reliable, however, we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations.
Listing description written by David Woods, Harcourts East Tamar — reproduced as published, not verified by Districts.