Lutana at a glance
2,532
People
$700,000
Median sale
$528/wk
Median rent
3.92%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
$595,000
Last sold
11 Mar 2025
3
Bedrooms
1
Bathrooms
3
Car spaces
781 m²
Land
110 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
$595,000
11 Mar 2025 · derived via latest_sale
Local land rate: recorded House sales in Lutana (last 5 years) with land size have a median of $1,041/m² of land (n=67). Districts calculation from recorded sales — not a valuation.
Lutana at a glance
2,532
People
$700,000
Median sale
$528/wk
Median rent
3.92%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
Vs Lutana
-15.0%
Median sale
Suburb $700,000
+0.69 pp
Gross yield
Suburb 3.92%
Suburb median $700,000 from 25 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 $528/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
Lutana at a glance
2,532
People
$700,000
Median sale
$528/wk
Median rent
3.92%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Insitu Property HobartWelcome to 87 Bowen Road - nestled in the charming suburb of Lutana, and just 4 kilometres from the heart of Hobart, 87 Bowen Road is a beautifully restored single-level Federation home exuding timeless character and modern comfort. Perched on the high side of a quiet street, this stunning residence enjoys sweeping views of kunanyi/Mount Wellington and the surrounding mountain ranges from your front door and verandah.
Inside, this lovely property offers classic Federation charm and plenty of room to consider additions or extensions on this large block (STCA). Boasting high ceilings, ornate fireplaces and polished Tasmanian Oak floorboards through, along with a modern, well designed kitchen and bathroom, 87 Bowen Road will tick a lot of boxes.
The property has three spacious and sunny bedrooms, with two featuring exquisite open fireplaces and views to the mountain range, while quality timber oak robes in each bedroom provide ample storage.
The true centrepiece of the home is the near-new spacious kitchen, a chef's delight, with ample bench space, sleek cabinetry, and contemporary appliances. The thoughtfully designed kitchen includes soft-close drawers, an induction cooktop, a double sink, and extensive storage, perfect for both family meals and entertaining. Designed with both functionality and style in mind, the kitchen seamlessly integrates with the open-plan dining and living areas, creating a perfect space for entertaining and family gatherings.
Expanding the light and bright living area even further, large glass doors open onto a fabulous two-level sundeck and pergola – a private, sun-drenched place to unwind or entertain. This outdoor area is ideal for alfresco dining, morning coffees, or simply relaxing in the fresh Tasmanian air. The property is also fully enclosed, providing a safe and secure outdoor environment for families and pets to explore and play.
The generous front and back gardens are a haven for families, featuring well-established gardens and an array of fruit trees, including apple, pear, and citrus, providing both beauty and practicality. There's plenty of space for children to play, along with scope for avid gardeners to further cultivate the already flourishing gardens. A garden shed provides additional storage for tools and outdoor equipment.
The light-filled bathroom has been designed with elegance and convenience in mind, with quality fittings, a large vanity, shower and separate bath, this contemporary bathroom is spacious, fresh, practical and family friendly.
Situated just minutes from the centre of Hobart, 87 Bowen Road offers the perfect balance of tranquility and convenience. Close to local amenities, schools, and parks, and with easy access to Hobart's vibrant CBD, this charming Federation home provides an exceptional lifestyle opportunity for the canny purchaser.
Heating: Reverse cycle inverter air-conditioner
Year built: 1923
Council rates: $2075 per annum approximately
Fixed water rates: $1150 per annum approximately
Rental estimate:
Heritage Listed: No
Listing description written by Nina Schubert, Insitu Property Hobart — reproduced as published, not verified by Districts.