Mowbray at a glance
4,146
People
$541,000
Median sale
$518/wk
Median rent
4.98%
Suburb gross yield
Median sale from 33 recorded sales (last 12 months) — a Districts calculation.
TAS › Mowbray › Pershing St
$610,000
Last sold
20 Apr 2026
3
Bedrooms
2
Bathrooms
8
Car spaces
741 m²
Land
116 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
$610,000
20 Apr 2026 · derived via latest_sale
Local land rate: recorded House sales in Mowbray (last 5 years) with land size have a median of $722/m² of land (n=109). Districts calculation from recorded sales — not a valuation.
Mowbray at a glance
4,146
People
$541,000
Median sale
$518/wk
Median rent
4.98%
Suburb gross yield
Median sale from 33 recorded sales (last 12 months) — a Districts calculation.
Vs Mowbray
+12.8%
Median sale
Suburb $541,000
-0.56 pp
Gross yield
Suburb 4.98%
Suburb median $541,000 from 33 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 $518/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
Mowbray at a glance
4,146
People
$541,000
Median sale
$518/wk
Median rent
4.98%
Suburb gross yield
Median sale from 33 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by The Agency Northern TasmaniaIf you're looking for a property that ticks the fundamentals and offers genuine investment appeal, this could fit the bill. With a practical layout, strong rental potential and plenty of usable space both inside and out, it's the kind of asset that can quietly do its job in the background.
The home itself is straightforward and functional, offering three bedrooms – all with built-in storage, and the main featuring its own ensuite. The open plan kitchen, dining and living area creates an easy, connected space, complemented by solid wooden cabinetry and good-sized windows that bring in natural light.
Positioned in a convenient pocket, the property is within easy reach of Mowbray Shopping Centre, Mowbray Primary School and the senior campus of Launceston Church Grammar School. The nearby - soon to be opened - Northern Suburbs Community Recreation Hub adds further appeal, while the Launceston CBD is approximately a 10-minute drive away – a strong drawcard for tenants and owner-occupiers alike.
Outside is where this property really stands out. With extensive parking and storage options, it caters well to tenants needing extra space – a feature that's always in demand and can set a property apart in the rental market.
For investors, the combination of space, practicality and location makes this a compelling option. It would also suit home buyers looking to secure a property they can settle into while planning future improvements.
Key Features:
• Three bedrooms, all with built-in robes
• Main bedroom with ensuite
• Open plan kitchen, dining and living
• Solid wooden kitchen cabinetry
• Good natural light through large windows
• Large outdoor storage shed
• Garaging for up to four vehicles
• Additional off-street parking for approximately four cars
• Flat, fenced and secure block
• Grassed area plus low-maintenance courtyard
• Close to local shops, schools and sporting facilities
• Approx. 10 minutes to Launceston CBD
A property with solid foundations, excellent storage and parking, and broad appeal to renters, this is a smart choice for investors seeking a reliable addition to their portfolio. With its convenient location and flexible layout, it's equally worth considering for buyers wanting a home they can make their own over time.
Council Rates approx. $1800 p.a.
Water Rates approx. $1200 p.a.
Listing description written by Richard Bailey, The Agency Northern Tasmania — reproduced as published, not verified by Districts.