Ravenswood at a glance
3,950
People
$447,500
Median sale
$402/wk
Median rent
4.67%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
TAS › Ravenswood › Warring St
$340,000
Last sold
2 May 2024
3
Bedrooms
1
Bathrooms
2
Car spaces
636 m²
Land
104 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
$340,000
2 May 2024 · derived via latest_sale
Local land rate: recorded House sales in Ravenswood (last 5 years) with land size have a median of $526/m² of land (n=103). Districts calculation from recorded sales — not a valuation.
Ravenswood at a glance
3,950
People
$447,500
Median sale
$402/wk
Median rent
4.67%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
Vs Ravenswood
-24.0%
Median sale
Suburb $447,500
+1.48 pp
Gross yield
Suburb 4.67%
Suburb median $447,500 from 16 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 $402/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
Ravenswood at a glance
3,950
People
$447,500
Median sale
$402/wk
Median rent
4.67%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by View Real Estate LauncestonExplore this charming three-bedroom brick and tile low maintenance residence, nestled on a spacious corner block and just a short drive from local services and conveniences. Bathed in sunlight, the freshly renovated interior boasts impeccable paintwork, plush new carpets and window furnishings throughout, awaiting your personal touch.
There is a well-appointed spacious dining/kitchen with brand new oven at the front off the formal living which also has the convenience of the reverse cycle A/C unit positioned to heat and cool the entire home. Functional and freshened up bathroom with separate new toilet. Three very generous size bedrooms capturing all day sun. Outside, the sizable yard is a blank canvas and beckons to gardening enthusiasts, offering ample space for landscaping. Enjoy the convenience of being just a short drive from the local school, IGA, and a mere 7-minute drive from Launceston CBD.
This property also has the potential to build in the rear, if that is a granny flat or good-sized shed (STCA)
This home presents an ideal opportunity for first-time buyers seeking affordability and convenience. Don't miss out on making this your own!
With a weekly rental estimate return of between $380.00 - $400.00 this would be an ideal property kick off or add to your existing investment portfolio or ideal for the entry level fist home buyer alike.
Disclaimer
View Real Estate Launceston has obtained the information in this file from what we believe is reliable sources and has no reason to doubt its accuracy however we cannot guarantee its exactness. Prospective purchasers are advised to carry out their own inquiries. All measurements are approximate.
Listing description written by Stuart McLeod, View Real Estate Launceston — reproduced as published, not verified by Districts.