East Launceston at a glance
2,199
People
$880,000
Median sale
$571/wk
Median rent
3.37%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
TAS › East Launceston › Lyttleton St
$920,000
Last sold
27 July 2021
4
Bedrooms
2
Bathrooms
2
Car spaces
619 m²
Land
121 m²
Building
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
Last sold
$920,000
27 July 2021 · derived via latest_sale
Local land rate: recorded House sales in East Launceston (last 5 years) with land size have a median of $1,436/m² of land (n=55). Districts calculation from recorded sales — not a valuation.
East Launceston at a glance
2,199
People
$880,000
Median sale
$571/wk
Median rent
3.37%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Vs East Launceston
+4.5%
Median sale
Suburb $880,000
-0.14 pp
Gross yield
Suburb 3.37%
Suburb median $880,000 from 15 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 $571/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
East Launceston at a glance
2,199
People
$880,000
Median sale
$571/wk
Median rent
3.37%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by The Agency | Tasmania RentalsIdeally positioned in leafy East Launceston, one of Launceston's premium suburbs, this c1925 period two storey family home is simply brimming with character and charm.
Boasting expansive and elevated views from the front rooms of the property across to the eastern mountains, the home is ideally suited to a growing family with four bedrooms, two bathrooms, three living areas as well as a separate office. All the characteristics you would expect such as high ceilings, deep skirting boards, stunning leadlight windows and classic picture rails feature throughout the home that has a practical blend of both old and new.
Lovely double timber and glass doors open from the large, wide hallway to the formal dining and lounge with beautiful ceiling roses, bay window and cosy wood heater. Another living space at the rear of the home is kept comfortable year round with an inverter heat-pump and adjoins the kitchen with mains gas for cooking, hot water and large walk-in pantry.
On the ground floor you will also find the master bedroom that enjoys a neat and tidy ensuite along with an office with inbuilt bookcase and shelving. Direct access from the master to the office provides alternative options to convert to a walk-in robe or maybe a nursery dependant on your lifestyle and choice.
Located at the top of the stair landing on the upper level is a main bathroom and separate toilet servicing a further three bedrooms, two with their own inverter heat-pump and ceiling fan and both enjoying those splendid views.
Perfect for alfresco dining and entertaining, the covered BBQ area and rear deck has a convenient third toilet and leads to the private, flat and fully fenced yard, landscaped with established shrubs and plants. To complete the package there is a double lock-up garage along with a large workshop and simply oodles of secure under-house storage space. There is also handy additional off street parking for a further two vehicles with direct access to the back yard.
This substantial character home offers an opportune family lifestyle, perfectly positioned in a quiet neighbourhood, walking distance to a number of well-known schools with a myriad of choices; close to shopping, cafes, popular Eat Street and within walking distance to the Launceston Aquatic Centre and CBD.
Call today to arrange a private inspection- I look forward to showing you through.
Council Rates:
Approximately $1600 per year
TasWater Rates: Approximately $1000 per year plus usage
Bushby Property Group has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations.
Listing description written by Richard Bailey, The Agency | Tasmania Rentals — reproduced as published, not verified by Districts.