Lower Wattle Grove at a glance
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Median sale
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Median rent
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Suburb gross yield
TAS › Lower Wattle Grove › Silver Hill Rd
$5,500,000
For sale
Asking
3
Bedrooms
2
Bathrooms
10
Car spaces
308,200 m²
Land
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
Asking
$5,500,000
Asking · $18/m² of land
No recorded sale for this property.
Lower Wattle Grove at a glance
No data
Median sale
No data
Median rent
No data
Suburb gross yield
$246,642 on top of the price (4.5% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Tasmania schedules from 2026-07-01. Ongoing council rates and land tax are not included.
No rent is recorded for this listing. Enter a weekly rent to model yield.
Enter a purchase price and weekly rent to calculate yield.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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 and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.
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.
0 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
UnknownNo advertised rent and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.
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
Lower Wattle Grove at a glance
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Median sale
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Median rent
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Suburb gross yield
Listing material
Listed by EIS Property627 Silver Hill Road is located 45 minutes' drive south of Hobart in the pristine and fertile area of Lower Wattle Grove; the property's primary focus is premium export quality cherries.
Situated on around 77 acres of prime agricultural land, it offers any prospective purchaser an endless array of possibilities for further business growth, tourism and farming - as well as a home for owner-operators. The property showcases breathtaking 360 degree river and valley views, taking in the Huon River, the Hartz View Mountains and surrounds.
Major financial investment by the owners has seen this magnificent orchard brought back to its former glory. Expansion plans within the orchard have been completed, including additional cherry trees, the restoration and upgrade of the original apple packing sheds and lined cool rooms, extensive irrigation and new roads.
The location will mesmerise you and the major benefit of this exceptional farm is the prime fertile soil; no frosts and the cherry size is export quality.
Projected production for 2026 is 100 tonnes and projection for 2028 is 150 tonnes. The majority of mature cherry trees are netted and include varieties such as Lapin, Sweet Georgia and Vans.
There is ample free land available to add to the existing production levels or one can easily diversify into further residences, or other business interests, such as events and weddings as all infrastructure is in place. An automatic irrigation system is controlled from the huge complex area and three dams provide ample water.
The large packing shed complex is sensational and includes two large cool rooms, storage areas and chemical container. The self-contained accommodation includes an office, kitchen and bathroom facilities. Other highlights include a carport, machinery shed, workshop, water tanks and plenty of space for cars and heavy duty vehicles.
Platinum Ridge is more than a home; it is a trusted brand with an extensive local, national and international customer base. Astute brand development is acknowledged and respected within Asian markets. An easy to navigate website including profitable online store really does compliment an outstanding business opportunity.
Listing description written by Nyal Merdivenci, EIS Property — reproduced as published, not verified by Districts.