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.
TAS › Lutana › Ashbolt Cres
$525,000
Last sold
30 Jan 2026
3
Bedrooms
1
Bathrooms
3
Car spaces
557 m²
Land
122 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
$525,000
30 Jan 2026 · 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
-25.0%
Median sale
Suburb $700,000
+1.31 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 HobartReady for transformation, this elevated Lutana home offers water views, land, and genuine upside a rare blank canvas in one of Hobart's most tightly held inner suburbs and desirable streets. 88 Ashbolt Crescent is a rare opportunity to secure a project-ready home in an outstanding location, with water views, land, and long-term upside firmly on its side.
Purposefully stripped back and presented in its raw, honest form, the home has been prepared for buyers who want clarity not cosmetic cover-ups. Carpets, window furnishings and dated finishes have been removed to reveal a clean slate, allowing the structure, layout and outlook to take centre stage. The result is a property that invites imagination and rewards vision.
Built in 1953 and set on a 557 m² General Residential allotment, the home enjoys an elevated position with outlooks across the Derwent River and over the nearby golf course a rare combination that adds both lifestyle appeal and future value. This quiet pocket of Lutana is tightly held, prized for its outlook, established streetscape, and proximity to Moonah, quality schools and the Hobart CBD, which is less than ten minutes away.
The existing footprint offers approximately 116 m² of internal living, comprising three bedrooms, central bathroom and practical living spaces. The fundamentals are solid, providing an excellent foundation for renovation, reconfiguration or extension (STCA). Whether the vision is to modernise and re-lease, create a contemporary family home, or design a long-term owner-occupied residence, the upside here is clear and achievable.
Homes offered in this condition stripped back, well located, and genuinely ready for transformation are increasingly hard to find. For first-home buyers looking to add value over time, renovators seeking their next rewarding project, or investors searching for a well-positioned asset with growth potential, this is an opportunity that stands apart from the usual “needs work” listings.
What sets 88 Ashbolt Crescent apart is not what has been done but what is possible. A clean canvas, a premium outlook, and a suburb that continues to outperform...
A building inspection report is available for purchase from Peter Genders - peter@fbitas.com.au.
Heating: Reverse Cycle Air conditioner
Year built: 1953
Council rates: $1950 pa approx.
Fixed water rates: $1000 pa approx.
Rental estimate: per week $ $550.00 to $595.00 (subject to maintenance being completed and tenant ready).
Listing description written by Ben Korkmaz, Insitu Property Hobart — reproduced as published, not verified by Districts.