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TAS › Ranelagh › Waggs Gully Rd

End Of Waggs Gully Rd, Ranelagh TAS 7109

For saleLand

$245,000

For sale

Asking

0

Bedrooms

0

Bathrooms

0

Car spaces

200,400 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $245,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $245,000(Listing record · 26 June 2026)
  • FactLand 200,400 m²; no building size recorded.(Property record)
  • CalculationAsk is 61% below the Ranelagh median recorded sale ($630,000, n=8, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Ranelagh's advertised median rent ($484/wk), implied gross yield would be 10.27% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$245,000

Asking · $1/m² of land

No recorded sale for this property.

Ranelagh at a glance

1,591

People

$630,000

Median sale

$484/wk

Median rent

3.99%

Suburb gross yield

Median sale from 8 recorded sales (last 12 months) — a Districts calculation.

See the full Ranelagh report →

Vs Ranelagh

-61.1%

Median sale

Suburb $630,000

+6.28 pp

Gross yield

Suburb 3.99%

Suburb median $630,000 from 8 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$245,000
Stamp Duty (Tasmania)
$7,735
Transfer/Registration Fee
$257
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$256,692

$11,692 on top of the price (4.8% extra)

  • Stamp Duty (Tasmania)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Tasmania schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Ranelagh's advertised median rent — not a rent for this listing.

Net yield
8.77%
Annual cashflow (pre-tax)
$8,753
Interest cover (DSCR)
1.69
Annual rent
$25,168
Operating expenses
$3,675
Loan amount
$196,000
Annual interest
$12,740
Gross yield
10.27%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$245,000available26 June 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

TAS

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $484/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 10.3%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Ranelagh in one glance

Ranelagh at a glance

1,591

People

$630,000

Median sale

$484/wk

Median rent

3.99%

Suburb gross yield

Median sale from 8 recorded sales (last 12 months) — a Districts calculation.

See the full Ranelagh report →

Keep researching

  • Why Ranelagh? Read the area thesis →
  • What else is on the market in Ranelagh →
  • Other records on Waggs Gully Rd →

Listing material

Listed by The Property Culture

Wild Tasmanian Escape

Spanning over 20.04 hectares (49.5 acres) across 2 titles, this pristine native Tassie bushland is now offered to the market. From large rock formations along the ridgeline to bursts of lush green ferns along creek lines, the landscape is rich with natural character. Located in Ranelagh, just 40 minutes from the state capital Hobart, this property offers a true wilderness escape within reach.

At the end of Waggs Gully Road, a 4x4 track takes you through babbling creek crossings and up into the hills, passing lush green valley troughs with towering tree ferns. The track leads to within approximately 200 metres of the property, from where it is on foot from here via an old fire trail. This is the legal access. These blocks have been recognised as worthy of preservation and are protected by a Conservation Covenant. On the block, there is a domestic zone which allows for development and would be ideal for building a weekend cabin getaway or eco retreat (STCA).

Once on the first title, you are greeted with a clearing beneath tall mature trees and views towards the southern wilderness. This also marks the beginning of the domestic zone. Continue along the walking track on the ridgeline and you will find large rock formations and caves, with elevated views throughout. Along the way are additional pockets of clearing covered with grass.

Read the full description

The second title drops into a different landscape again, following the terrain down to a winter creek where moisture is held year-round, allowing dense wetland vegetation to thrive. Here, towering tree ferns and a thick understorey create a cool, sheltered pocket of bush alive with movement and birdlife. This is an outdoor enthusiast’s dream, with an abundance of wildlife regularly spotted on the property, including pademelons, quolls, echidnas, and even the occasional Tasmanian devil in the area.

The locality of Ranelagh is well known for its popular Summer Kitchen and Ranelagh General Store eateries. It hosts the “Taste of the Huon” events within walking distance at the nearby showground, and close by is the winery restaurant Home Hill, producing award-winning wines and offering a beautiful setting for lunches and dinners amongst the vines.

If you are looking for a real sense of adventure and to secure your own piece of Tassie wilderness to explore and discover for yourself, all within minutes of civilisation, then this is worth your attention.

Please contact the agent to arrange access to the property by appointment.

Listing description written by Tom McCorkell, The Property Culture — reproduced as published, not verified by Districts.

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Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.