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
$700,000
Last sold
17 Nov 2020
3
Bedrooms
2
Bathrooms
1
Car spaces
557 m²
Land
156 m²
Building
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
$700,000
17 Nov 2020 · 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
-20.5%
Median sale
Suburb $880,000
+0.87 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 Flanagan ResidentialThis 1930 gem has been lovingly renovated throughout and offers the rare combination of quality accommodation in a central location. Misleading from the front, there is so much on offer here and the impressive split-level floorplan allows for plenty of options.
On entry, the vastness of the space comes as a surprise as there are no walls separating the large open plan living and dining area. This top section of the house has an abundance of natural light and a beautiful leafy outlook from every back window.
The property has been tastefully updated but with plenty of classic, original features still on show here. The expansive kitchen has been cleverly designed with the inclusion of quality appliances, a breakfast bar and both water and power outlets in a cupboard should an upstairs laundry ever be called for. The green and white tiled bathroom is a central highlight with the convenience of a separate shower and a classic claw foot bath.
The generous dining area would be wonderful for lively gatherings with family and friends and it flows into a comfortable, carpeted lounge room. At the other end French doors lead out to an undercover deck ideal for year-round entertaining, and from this vantage point the sweeping view across to Mt Barrow is truly spectacular.
Two of the bedrooms (both with built-ins) are located upstairs while the downstairs section of the house could be simply converted into a fantastic self-contained apartment (STCA) ideal for a long-term rental, Airbnb or a studio. This lower area has a separate side access and comprises a lovely second living/dining room, combined laundry and kitchenette and a large third bedroom with adjoining shower room with toilet.
There is the convenience of secure parking in the single garage (remote access) and an abundance of storage both within and underneath the house. To the back is an impressive, fully landscaped garden that includes fruit trees, herb garden, a grassed area and a beautiful Liquid Amber tree. There is plenty of space on this substantial block for children to safely explore and two garden sheds complete the outdoor picture.
The house is connected to mains gas and has an instantaneous gas water heater. Additionally, the electric storage water heater is still able to be re-connected if desired. A security system operates throughout the house, including the free standing garage.
69A Lyttleton Street is perfectly located within close walking distance to some of Launceston’s best schools, great cafes, the Aquatic centre, public and private hospitals and the Launceston CBD. This is a property not to be missed so call Rae today on 0455 445 300 to find out more.
Annual Launceston City Council rates $2096 approx
Annual Taswater rates $1000 approx + usage
Rental Appraisal - $550-$600 per week
Flanagan Residential provides this information from third parties as a convenience to you and recommends prospective purchasers carry out their own enquiries and seek legal advice with respect to the property information provided.
Property Code: 339
Listing description written by Rae Smith, Flanagan Residential — reproduced as published, not verified by Districts.