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TAS › Westbury › Franklin St

60 Franklin St, Westbury TAS 7303

House

$610,000

Last sold

11 Jan 2025

3

Bedrooms

1

Bathrooms

4

Car spaces

2,115 m²

Land

158 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $610,000 (11 Jan 2025).(Recorded sale)
  • CalculationLand 2,115 m² against a 158 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Westbury (last 5 years) with land size: median $444/m² of land (n=93). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

What this lot has actually traded at

Last sold

$610,000

11 Jan 2025 · derived via latest_sale

Local land rate: recorded House sales in Westbury (last 5 years) with land size have a median of $444/m² of land (n=93). Districts calculation from recorded sales — not a valuation.

Westbury at a glance

2,609

People

$570,000

Median sale

$486/wk

Median rent

4.43%

Suburb gross yield

Median sale from 45 recorded sales (last 12 months) — a Districts calculation.

See the full Westbury report →

Vs Westbury

+7.0%

Median sale

Suburb $570,000

-0.29 pp

Gross yield

Suburb 4.43%

Suburb median $570,000 from 45 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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. Sold$610,00011 Jan 2025
  2. Listedprice unknowncompleted27 Nov 2024

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 $486/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

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

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

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.

Area

Westbury in one glance

Westbury at a glance

2,609

People

$570,000

Median sale

$486/wk

Median rent

4.43%

Suburb gross yield

Median sale from 45 recorded sales (last 12 months) — a Districts calculation.

See the full Westbury report →

Keep researching

  • Why Westbury? Read the area thesis →
  • What else is on the market in Westbury →
  • Other records on Franklin St →

Listing material

Listed by Ray White Living Here Invermay

Spacious family home on a substantial site

A home that is of excellent proportions, this property has been well cared for by its current owners. Well positioned on a substantial site of approximately 2,115m2, this property is suited to those who seek the enjoyment of space or those looking for a site to develop (STCA). With dual street frontages, off of both Franklin and Dexter Streets, the home itself is positioned on the corner of the block, allowing for straightforward development (STCA). For those looking for a family home to enjoy, you will appreciate the space, privacy of the bordering established trees and plentiful garaging.

The home itself comprises three generously sized bedrooms, each offer built-in storage. The central bathroom is located within easy proximity to the bedrooms and forms its own separate wing of the home. The living spaces are filled with abundant light and offer two either separate or adjoining spaces for the family to enjoy. The kitchen has been recently updated and features abundant storage options, island bench and high quality appliances. Heated and cooled with both a reverse cycle system and cosy wood fire heating, some of the windows are also double glazed which adds further thermal efficiency.

The kitchen and dining are both open plan and adjoin a wrapping undercover deck with easy access into the yard. The separate laundry is accessed off of the dining space. Externally, the plentiful garaging options offer great storage solutions, one of the two double sheds offers its own bathroom and workshop space. Another additional wood or storage shed adds further convenience.

Read the full description

A property that offers so many possibilities, whether you seek a charming and comfortable family home with excellent proportions or a substantial site of general residential zoning for potential development (STCA), or potentially both, this property is perfect for you!

Located within less than five minutes walk to both Westbury's iconic Village Green and Town Common, ten minutes walk to the local primary school and less than a hundred meters to the post office and Love Lucy Boots Wine and Coffee bar. Many other amenities are on offer within Westbury, the Launceston City Centre is an enjoyable approx twenty five minute commute.

Listing description written by Lochie Reid, Ray White Living Here Invermay — reproduced as published, not verified by Districts.

Property features

  • Toilets: 1
Districts

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

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.