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 › Lennox Ave
$482,000
Last sold
12 Dec 2019
2
Bedrooms
1
Bathrooms
2
Car spaces
670 m²
Land
140 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
$482,000
12 Dec 2019 · derived via latest_sale
Local land rate: recorded House sales in Lutana (last 5 years) with land size have a median of $1,033/m² of land (n=68). 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
-31.1%
Median sale
Suburb $700,000
+1.78 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 Raine & Horne SorellThis very neat and tidy home has been in the family since 1984 and has created many happy memories for the current family. Now the children have grown up and long gone, it is time for a change of scenery for Mum and Dad. Situated only minutes from the CBD, it will be very sought after I'm sure. There is a lovely safe fully fenced back yard with plenty of room for vegies and swings and certainly a great play area for children and pets.
The open plan living consists of a timber kitchen with laminate bench tops, good size pantry, breakfast bar and stainless steel appliances. The family/dining hosts both a cosy wood-heater and a reverse-cycle heat-pump so the home is kept comfortable all year round. A few steps lead up to a spacious lounge with glass sliding doors leading out onto a timber deck where you can entertain family and friends and enjoy the picturesque water and rural views. Also, very convenient to keep an eye on the children in the yard.
There are two bedrooms, both with built-ins and the very generous main has the two way bathroom adjoining creating your own en-suite. The separate laundry and w/c are also close by.
Downstairs is a large area including the rumpus room which could double as an extra bedroom or be purely enjoyed as a second living space. There is also a workshop and plenty of storage space, a must for the men of the house. A second deck is a great area to use downstairs and near the backyard where everyone can enjoy a steak on the barbie.
For your pleasure there is a dish for fox and an alarm for your security.
With such a handy location with the city not far away and shopping precincts, supermarkets and cafes all within a small radius, I think that this property will go well on the market.
If you think this neat home ticks a lot of boxes for you, please call Anne or Warren today for your immediate inspection.
Listing description written by Anne Stuart, Raine & Horne Sorell — reproduced as published, not verified by Districts.