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 › Bill Grove
$450,000
Last sold
14 July 2025
2
Bedrooms
1
Bathrooms
2
Car spaces
613 m²
Land
81 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
$450,000
14 July 2025 · 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
-16.8%
Median sale
Suburb $541,000
+1.01 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 Parry PropertyEnjoy the best of both worlds with this beautifully updated home offering city convenience and a peaceful rural outlook - all on the fringe of Launceston.
Tucked away in a quiet cul-de-sac, this low-maintenance property is ideal for first-home buyers, downsizers, or investors seeking a modern lifestyle in a central location. Step inside to find a spacious living area with polished floorboards and a heat pump, a renovated kitchen and bathroom, and two generous bedrooms. The home has been stylishly modernised throughout, creating a fresh and inviting feel from the moment you walk in. A second toilet in the laundry adds extra functionality for busy households.
The single garage has been cleverly converted into a versatile studio or home office with its own kitchenette and allocated space for a bathroom that could be easily finished (STCA) - perfect as a teenager's retreat, hobby space, or remote work setup. Need the garage back? It can easily be converted again to suit your needs. At the rear, you'll also find a separate workshop, ideal for storage, tools, or weekend projects. Solar panels add to the home's energy efficiency, helping reduce your power bills year-round.
A spacious front lawn adds to the property's street appeal, while the deck at the rear is ideal for entertaining or relaxing outdoors. The fully fenced yard is private and easy care, offering peace of mind for kids or pets. Just minutes to Mowbray's shops, cafes, schools, and public transport - and only a short drive to the Launceston CBD - this is city edge living with a semi-rural feel. Perfect as a downsizer, an investment or a first home buyer.
Disclaimer - We have in preparing this listing used our best endeavours to ensure the information is true & accurate. Prospective purchasers are advised to carry out their own investigations.
Listing description written by Renee Parry, Parry Property — reproduced as published, not verified by Districts.