Dynnyrne at a glance
1,556
People
$965,000
Median sale
$543/wk
Median rent
2.93%
Suburb gross yield
Median sale from 9 recorded sales (last 24 months) — a Districts calculation.
TAS › Dynnyrne › Montrivale Rise
$390,000
Last sold
26 July 2023
0
Bedrooms
0
Bathrooms
0
Car spaces
1,095.9 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
$390,000
26 July 2023 · derived via latest_sale
Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.
Local land rate: recorded Land sales in Dynnyrne (last 5 years) with land size have a median of $406/m² of land (n=3). Districts calculation from recorded sales — not a valuation.
Dynnyrne at a glance
1,556
People
$965,000
Median sale
$543/wk
Median rent
2.93%
Suburb gross yield
Median sale from 9 recorded sales (last 24 months) — a Districts calculation.
Vs Dynnyrne
-59.6%
Median sale
Suburb $965,000
+4.31 pp
Gross yield
Suburb 2.93%
Suburb median $965,000 from 9 recorded sales (last 24 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 $543/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.
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
Dynnyrne at a glance
1,556
People
$965,000
Median sale
$543/wk
Median rent
2.93%
Suburb gross yield
Median sale from 9 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Elders Real Estate HobartWithin minutes walk of the nearby popular Waterworks Reserve is the 'Montrivale Rise' development at 111 Waterworks Road offering some of the best views to be had in Hobart. Residential land at 6 Montrivale Rise is now seeking offers.
Comprising an area of 1096 sqm and presenting a great opportunity for a home with terraced gardens enjoying elevated 180 degree views of both Mount Wellington and Hobart port area - there are now many examples of inspiring designs for homes on steep country at Montrivale Rise, either completed or under construction.
Designs include level access from roadside, cantilevered balconies, sophisticated yet simple features using volume (raked ceilings and skylights) and placement of windows providing light and bright homes with generous sense of space and those amazing views.
Now one of Hobart's most prominent suburbs, Dynnyrne provides the convenience of an inner city lifestyle yet still enjoying a semi rural setting yet scarcely 1 kilometer from South Hobart or King Street shopping and just 3 kilometers from the Hobart CBD or University of Tasmania in Sandy Bay. The sunny north easterly aspect at Montrivale makes these elevated lots a natural for the construction of passive solar energy efficient homes.
We invite buyers looking for inner city land to visit the 'Montrivale Rise' site to inspect number 6, then call Jim Playsted for further details about what is truly a special, inner city residential land offering.
Listing description written by Jim Playsted, Elders Real Estate Hobart — reproduced as published, not verified by Districts.