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TAS › Ulverstone › Jermyn St

Unit 3/18 Jermyn St, Ulverstone TAS 7315

For saleUnit

$649,000

For sale

Asking

2

Bedrooms

2

Bathrooms

2

Car spaces

294 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $649,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $649,000(Listing record · 10 June 2026)
  • FactLand 294 m²; no building size recorded.(Property record)
  • CalculationAsk is 11% above the Ulverstone median recorded sale ($585,500, n=64, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Ulverstone's advertised median rent ($452/wk), implied gross yield would be 3.62% — 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

$649,000

Asking · $2,207/m² of land

No recorded sale for this property.

Ulverstone at a glance

6,758

People

$585,500

Median sale

$452/wk

Median rent

4.01%

Suburb gross yield

Median sale from 64 recorded sales (last 12 months) — a Districts calculation.

See the full Ulverstone report →

Vs Ulverstone

+10.8%

Median sale

Suburb $585,500

-0.39 pp

Gross yield

Suburb 4.01%

Suburb median $585,500 from 64 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$649,000
Stamp Duty (Tasmania)
$24,580
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
$677,537

$28,537 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 Ulverstone's advertised median rent — not a rent for this listing.

Net yield
2.12%
Annual cashflow (pre-tax)
$-19,979
Interest cover (DSCR)
0.41
Annual rent
$23,504
Operating expenses
$9,735
Loan amount
$519,200
Annual interest
$33,748
Gross yield
3.62%

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$649,000available10 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 $452/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 3.6%. 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

Ulverstone in one glance

Ulverstone at a glance

6,758

People

$585,500

Median sale

$452/wk

Median rent

4.01%

Suburb gross yield

Median sale from 64 recorded sales (last 12 months) — a Districts calculation.

See the full Ulverstone report →

Keep researching

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

Listing material

Listed by LJ Hooker Devonport

Thoughtfully Designed, Beautifully Appointed, Effortlessly Comfortable

This home has a way of putting you at ease from the moment you arrive.

Completed in 2023 and owner occupied since new, this impeccably presented residence combines premium finishes, thoughtful design and a calming sense of comfort. Every detail has been carefully considered to create a home that feels refined, welcoming and easy to live in.

Stepping inside, the impressive 2.7 metre ceilings, premium 6mm Tasmanian Oak engineered timber flooring and soft natural tones establish an immediate sense of space and quality. Abundant natural light fills the open plan living area throughout the day, creating a bright and inviting environment that can be enjoyed in every season.

Read the full description

At the heart of the home, the designer kitchen blends style with practicality. Featuring luxurious 40mm stone benchtops, a custom farmhouse style butler’s sink, brushed brass tapware, quality induction cooking and a fully integrated dishwasher, it is a space crafted for both everyday living and effortless entertaining. A stacker servery window opens directly to the private alfresco area, enhancing the home’s seamless indoor outdoor connection.

The living and dining area offers comfort and ambience, with an integrated combustion wood heater creating warmth and character during the cooler months, while reverse cycle air conditioning ensures year round climate control. Plantation shutters throughout and custom Crimsafe security screen doors provide excellent privacy, security and ventilation while complementing the home’s timeless aesthetic.

Accommodation includes two generous bedrooms and two bathrooms, including a well appointed master suite complete with ensuite and integrated wardrobe storage, thoughtfully designed to maximise functionality while maintaining clean architectural lines.

Outside, established gardens soften the landscape and create a tranquil outlook from within the home. The private alfresco area provides an ideal setting to relax or entertain, while the double garage with integrated laundry and garden shed add valuable practicality and storage.

Positioned within easy walking distance of Ulverstone’s town centre, caf&aecute;s, supermarkets, schools, beaches, parks and coastal walking tracks, this home offers an exceptional combination of lifestyle, convenience and low-maintenance living.

Key Features:

Completed in 2023 and owner occupied since new

Impressive 2.7m ceilings throughout

Premium 6mm Tasmanian Oak engineered timber flooring

Luxurious 100% wool designer carpets

Designer kitchen with 40mm stone benchtops

Custom farmhouse style butler’s sink

Brushed brass tapware

Quality induction cooktop

Fully integrated dishwasher

Stacker servery window to alfresco area

Integrated combustion wood heater

Reverse cycle air conditioning

Plantation shutters throughout

Custom Crimsafe security screen doors to all external doors

Two bedrooms and two bathrooms

Private alfresco entertaining area

Double garage with integrated laundry

Garden shed and established landscaping

Walking distance to town centre, beaches, schools and amenities

*The information contained herein has been supplied to us by sources which are considered reliable and we have no reason to doubt its accuracy. However, all interested parties should make their own enquiries to verify this information to be correct. All measurements are approximate and are for illustrative purposes only.

Listing description written by Melissa Burtt, LJ Hooker Devonport — reproduced as published, not verified by Districts.

Property features

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