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TAS › Latrobe › Percival St

U3, 183 Percival St, Latrobe TAS 7307

For saleUnit

$650,000

For sale

Asking

3

Bedrooms

2

Bathrooms

2

Car spaces

441 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $650,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $650,000(Listing record · 30 July 2026)
  • CalculationAsk is 5% below the Latrobe median recorded sale ($685,000, n=37, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Latrobe's advertised median rent ($480/wk), implied gross yield would be 3.84% — 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

$650,000

Asking · $1,474/m² of land

No recorded sale for this property.

Latrobe at a glance

5,519

People

$685,000

Median sale

$480/wk

Median rent

3.64%

Suburb gross yield

Median sale from 37 recorded sales (last 12 months) — a Districts calculation.

See the full Latrobe report →

Vs Latrobe

-5.1%

Median sale

Suburb $685,000

+0.20 pp

Gross yield

Suburb 3.64%

Suburb median $685,000 from 37 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$650,000
Stamp Duty (Tasmania)
$24,623
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
$678,580

$28,580 on top of the price (4.4% 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 Latrobe's advertised median rent — not a rent for this listing.

Net yield
2.34%
Annual cashflow (pre-tax)
$-18,590
Interest cover (DSCR)
0.45
Annual rent
$24,960
Operating expenses
$9,750
Loan amount
$520,000
Annual interest
$33,800
Gross yield
3.84%

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$650,000available30 July 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 $480/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

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 3.8%. 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

Latrobe in one glance

Latrobe at a glance

5,519

People

$685,000

Median sale

$480/wk

Median rent

3.64%

Suburb gross yield

Median sale from 37 recorded sales (last 12 months) — a Districts calculation.

See the full Latrobe report →

Keep researching

  • Why Latrobe? Read the area thesis →
  • What else is on the market in Latrobe →
  • Other records on Percival St →

Listing material

Listed by Harcourts Ulverstone & Penguin

All The Comfort of Brand New, None of the Wait!

If you have been searching for a home where everything is already done, this could be the one you have been waiting for. Built in 2020 and immaculately presented throughout, this single-level home offers all the comfort and style of a new build without the wait or the stress of starting from scratch.

Positioned in a quiet, tightly held pocket of Latrobe, it provides an inviting place to begin your next chapter, whether you are purchasing your first home or looking for additional space for a growing family.

Step inside to a spacious open-plan living, dining and kitchen area filled with natural light. The kitchen immediately draws your attention, centred around a striking stone waterfall island with breakfast-bar seating. Two-tone cabinetry, a subway-tile splashback and a generous walk-in pantry combine style with everyday practicality, while timber-look flooring continues throughout the main living areas to create a warm and cohesive finish.

Read the full description

The master bedroom provides a private retreat with its own ensuite and walk-in wardrobe. Two additional bedrooms are fitted with built-in wardrobes and positioned close to the main bathroom, where a freestanding bath offers the perfect place to unwind at the end of the day.

Designed with relaxed living and entertaining in mind, the main living area opens directly onto a covered alfresco space. Weekend barbecues, quiet morning coffees and afternoons spent with family and friends can all move easily between indoors and out.

Beyond the alfresco, the fully fenced backyard is level and ready for children and pets to enjoy. Established, low-maintenance gardens keep the outdoor areas looking neat without taking up your weekends, while a single garage and adjoining carport provide secure parking and additional space for a second vehicle, trailer or boat. A reverse-cycle heat pump keeps the home comfortable throughout the seasons.

The location adds even more appeal. You are only moments from the centre of historic Latrobe, where the heritage shops, cafes and bakeries along Gilbert Street contribute to the town's welcoming atmosphere. The local supermarket, medical services, Latrobe Primary School and Latrobe High School are all within easy reach, while Devonport is approximately ten minutes away via the Bass Highway for access to larger shopping centres, the airport and the Spirit of Tasmania terminal.

Modern homes of this quality and position are tightly held in Latrobe, and this property is ready for its next owner to simply move in and enjoy.

For more information or to arrange a private inspection, contact listing agent Kurt Knowles today.

Disclaimer: While Harcourts Ulverstone & Penguin has taken every care to verify the accuracy of the details in this advertisement, we cannot guarantee its correctness. Prospective buyers need to take such action as is necessary, to satisfy themselves of any pertinent matters.

Listing description written by Kurt Knowles, Harcourts Ulverstone & Penguin — reproduced as published, not verified by Districts.

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.