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TAS › Sandy Bay › Lord St

U5, 68 - 70 Lord St, Sandy Bay TAS 7005

For saleUnit

$950,000

For sale

Asking

3

Bedrooms

2

Bathrooms

1

Car spaces

268 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $950,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $950,000(Listing record · 16 Aug 2026)
  • CalculationAsk is 18% below the Sandy Bay median recorded sale ($1,152,500, n=36, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Sandy Bay's advertised median rent ($548/wk), implied gross yield would be 3.00% — 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

$950,000

Asking · $3,545/m² of land

No recorded sale for this property.

Sandy Bay at a glance

12,555

People

$1,152,500

Median sale

$548/wk

Median rent

2.47%

Suburb gross yield

Median sale from 36 recorded sales (last 12 months) — a Districts calculation.

See the full Sandy Bay report →

Vs Sandy Bay

-17.6%

Median sale

Suburb $1,152,500

+0.53 pp

Gross yield

Suburb 2.47%

Suburb median $1,152,500 from 36 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$950,000
Stamp Duty (Tasmania)
$37,935
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
$991,892

$41,892 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 Sandy Bay's advertised median rent — not a rent for this listing.

Net yield
1.50%
Annual cashflow (pre-tax)
$-35,154
Interest cover (DSCR)
0.29
Annual rent
$28,496
Operating expenses
$14,250
Loan amount
$760,000
Annual interest
$49,400
Gross yield
3.00%

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$950,000available16 Aug 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 $548/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 3.0%. 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

Sandy Bay in one glance

Sandy Bay at a glance

12,555

People

$1,152,500

Median sale

$548/wk

Median rent

2.47%

Suburb gross yield

Median sale from 36 recorded sales (last 12 months) — a Districts calculation.

See the full Sandy Bay report →

Keep researching

  • Why Sandy Bay? Read the area thesis →
  • What else is on the market in Sandy Bay →
  • Other records on Lord St →

Listing material

Listed by Insitu Property Hobart

Stylish Low-Maintenance Living in Prestigious Sandy Bay.

Privately positioned within one of Sandy Bay's most prestigious and tightly held enclaves, this beautifully presented three-bedroom, two-bathroom residence offers an exceptional opportunity to secure a quality home in one of Hobart's most sought-after blue-chip suburbs.

Set on approximately 255sqm, this stylish and thoughtfully designed residence offers effortless living with a practical and flexible floorplan tailored to modern lifestyles. High raked ceilings, extensive glazing and quality architectural features, including skylights and integrated cabinetry, create a wonderful sense of space, while the prized northerly aspect floods the living areas with natural light throughout the day.

Situated within a small, quiet, private and well-maintained complex of just six units, the property enjoys a wonderful sense of community and security, with five of the six residences being long-term owner occupied. With level access and disability accessibility, the home is both practical and welcoming, offering comfortable, flexible and convenient living for a broad range of buyers.

Read the full description

At the heart of the home, the renovated kitchen is both stylish and functional, featuring abundant storage, quality integrated appliances and excellent workspace for everyday living and entertaining. The open-plan living and dining area flows seamlessly to a private, north-facing level patio and garden, creating a peaceful and low-maintenance outdoor sanctuary that provides an additional living and entertaining area, with the added benefit of being suitable for pets.

Accommodation comprises three well-proportioned bedrooms, including a generous master bedroom complemented by two additional bedrooms offering excellent flexibility for guests, children or dedicated home office and study spaces. The spacious main bathroom incorporates a practical laundry, while the master bedroom is serviced by a well-appointed ensuite. Both bathrooms feature underfloor heating and excellent storage, while ample, discreet storage throughout the home ensures everyday practicality. Effective heating, including reverse-cycle air conditioning and electric panel heating, provides year-round comfort.

Additional features include a designated undercover carport, visitor parking and level, accessible entry, further enhancing the ease and convenience of living on offer.

Having been lovingly cared for by just one house-proud owner, the property has been much loved and meticulously maintained, presenting an exceptional opportunity to move straight in and enjoy.

One of the property's greatest assets is its enviable location in a highly sought-after pocket of Sandy Bay. Just moments from the area's vibrant shopping precinct, popular cafés, restaurants and everyday conveniences, residents can enjoy the very best of this prestigious suburb while remaining only minutes from the Hobart CBD. Excellent bus routes and public transport options are close at hand, while parks, recreational facilities and the waterfront are all within easy reach. Despite its convenient and central position, the home enjoys a wonderful sense of privacy, peace and tranquillity within its established residential setting.

Families will appreciate being within the highly regarded Princes Street Primary School catchment, walking distance to the University of Tasmania and a range of other leading educational institutions.

Renowned for its picturesque streetscapes, proximity to the River Derwent and enduring lifestyle appeal, Sandy Bay remains one of Tasmania's most desirable residential destinations. Strong buyer demand, limited housing supply and a proven history of long-term capital growth continue to underpin its reputation as a premium suburb favoured by owner-occupiers and investors alike.

Whether you're seeking your first home in a premier location, looking to downsize without compromise, or searching for a high-quality investment in a blue-chip suburb, this outstanding residence offers an enviable combination of comfort, convenience, privacy and prestige.

Heating: Reverse-cycle air-conditioner

Year built: 2005

Council rates: $2500.00 Per annum approx.

Fixed water rates: $1235.00 Per annum approx.

Rental estimate: $695.00 to $750.00 Per week.

Annual Strata Insurance: $1063 approx. (no other body corp. fees)

Listing description written by Nina Schubert, Insitu Property Hobart — reproduced as published, not verified by Districts.

Property features

  • Living Areas: 1
Districts

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

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