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TAS › Bridport › Old Waterhouse Rd

PID: 7323136 Old Waterhouse Rd, Bridport TAS 7262

For saleLand

$230,000–$240,000

For sale

Asking range

0

Bedrooms

0

Bathrooms

0

Car spaces

22,864.739 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $230,000–$240,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $230,000–$240,000(Listing record · 5 May 2025)
  • FactLand 22,865 m²; no building size recorded.(Property record)
  • CalculationRecorded Land sales in Bridport (last 5 years) with land size: median $355/m² of land (n=10). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 65% below the Bridport median recorded sale ($650,000, n=23, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Bridport's advertised median rent ($406/wk), implied gross yield would be 9.18% — 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

$230,000–$240,000

Asking range · $10/m² of land

No recorded sale for this property.

Local land rate: recorded Land sales in Bridport (last 5 years) with land size have a median of $355/m² of land (n=10). Districts calculation from recorded sales — not a valuation.

Bridport at a glance

1,884

People

$650,000

Median sale

$406/wk

Median rent

3.25%

Suburb gross yield

Median sale from 23 recorded sales (last 12 months) — a Districts calculation.

See the full Bridport report →

Vs Bridport

-64.6%

Median sale

Suburb $650,000

+5.93 pp

Gross yield

Suburb 3.25%

Suburb median $650,000 from 23 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$230,000
Stamp Duty (Tasmania)
$7,135
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
$241,092

$11,092 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

Based on the low end of the asking range, not a contract price.

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

Net yield
7.68%
Annual cashflow (pre-tax)
$5,702
Interest cover (DSCR)
1.48
Annual rent
$21,112
Operating expenses
$3,450
Loan amount
$184,000
Annual interest
$11,960
Gross yield
9.18%

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$230,000–$240,000available4 May 2025

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 $406/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 9.2%. 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

Bridport in one glance

Bridport at a glance

1,884

People

$650,000

Median sale

$406/wk

Median rent

3.25%

Suburb gross yield

Median sale from 23 recorded sales (last 12 months) — a Districts calculation.

See the full Bridport report →

Keep researching

  • Why Bridport? Read the area thesis →
  • What else is on the market in Bridport →
  • Other records on Old Waterhouse Rd →

Listing material

Listed by Water/House Real Estate

Discover Your North East Tasmanian Retreat - A Bush Block with Boundless Potential

Nestled in the heart of nature, this beautiful bush block presents a rare opportunity to build your dream home, lifestyle property, or hobby farm (STCA). Gently sloping and well-positioned, the land captures sweeping views across the Barnbougle Dunes and the coastal village of Bridport, offering the perfect backdrop for a peaceful rural life with a touch of seaside charm.

With a generous frontage of 39.63 meters, the block expands to a wide 162.85 meters at its highest point, creating a spacious and versatile parcel of land. Whether you're envisioning a contemporary country home with elegant coastal flair or planning a self-sufficient lifestyle, the possibilities here are endless.

Power and water run past the property, making utility connections straightforward. There's plenty of firewood to clear, providing both practical and aesthetic benefits as you shape the land to suit your vision.

Read the full description

Zone Agriculture

Location Highlights:

Just 20 minutes to Bridport's pristine beaches, local shops, and world-class Barnbougle Golf Course.

Only 20 minutes to Scottsdale, offering essential amenities including Woolworths and local services.

A scenic 25-minute drive to Derby - home of Tasmania's famous mountain bike trails, Ringarooma River gemstone fossicking, and charming country towns.

This block is ideal for those seeking a harmonious lifestyle where nature, the ocean, and country living converge. With space for horses, farm animals, or expansive gardens, it's perfect for creating a sustainable life off the land.

If you're dreaming of fresh air, wide-open spaces, and a vibrant yet tranquil community, this is the canvas for your future.

Embrace the lifestyle - explore the opportunity.

Listing description written by Jodie Faulkner, Water/House Real Estate — reproduced as published, not verified by Districts.

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Districts

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.