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NSW › Muswellbrook › Racecourse Rd

10 Racecourse Rd, Muswellbrook NSW 2333

House

$510,000

Last sold

3 Sept 2025

3

Bedrooms

2

Bathrooms

1

Car spaces

1,402 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $510,000 (3 Sept 2025).(Recorded sale)
  • FactLand 1,402 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Muswellbrook (last 5 years) with land size: median $833/m² of land (n=132). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

$510,000

3 Sept 2025 · derived via latest_sale

Local land rate: recorded House sales in Muswellbrook (last 5 years) with land size have a median of $833/m² of land (n=132). Districts calculation from recorded sales — not a valuation.

Muswellbrook at a glance

12,605

People

$621,250

Median sale

$548/wk

Median rent

4.59%

Suburb gross yield

Median sale from 164 recorded sales (last 12 months) — a Districts calculation.

See the full Muswellbrook report →

Vs Muswellbrook

-17.9%

Median sale

Suburb $621,250

+1.00 pp

Gross yield

Suburb 4.59%

Suburb median $621,250 from 164 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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. Sold$510,0003 Sept 2025
  2. Listedprice unknowncompleted11 Feb 2025
  3. Listedprice unknowncompleted11 Feb 2025

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

Capital growth

NSW

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.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

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. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. 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

Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

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

    NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

  • 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

    NSW Valuer General land values are not loaded for this property yet.

  • Net yield / holding costs

    Unknown

    NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Area

Muswellbrook in one glance

Muswellbrook at a glance

12,605

People

$621,250

Median sale

$548/wk

Median rent

4.59%

Suburb gross yield

Median sale from 164 recorded sales (last 12 months) — a Districts calculation.

See the full Muswellbrook report →

Keep researching

  • Why Muswellbrook? Read the area thesis →
  • What else is on the market in Muswellbrook →
  • Other records on Racecourse Rd →

Listing material

Listed by Powered by Smile Elite NSW

Potential! Potential! Potential!

This is the ideal home waiting to happen! For anyone who is not afraid of a bit of DIY, this is an absolute diamond in the rough. With stunning views across the racecourse, and surrounding vistas, this solid brick home is a dream just begging for your special vision. Currently, the upstairs area of this 3-bed home is perfectly liveable while you make the house your own. And who wouldn’t want to take advantage of all the many possibilities that lie in the house and in the outbuildings?

Downstairs is a secure carport and a huge undercover area just begging for redesigning and changing into a massive entertaining/ living area. The laundry is on this level, with an existing wc and shower, so this could easily be re-imagined as the main living area, complete with modern kitchen; or it could be transformed into a stunning entertainment area and an amazing parents’ retreat; or it could be made into self-contained in-law accommodation or a source of extra income. Or it could be a studio. The dream is yours.

Upstairs, the kitchen/ living/ dining room stretches across the whole length of the light-filled house, and the raked ceilings add height and even more light to this lovely room. The polished timber floors would suit any furnishing style, and if you chose to remodel the kitchen on this level, it only needs some cosmetic work to make it perfect. The existing storage and benchtops are perfectly adequate, with a convenient corner pantry, built-in oven and cooktop, and the wrap-around breakfast bar allows for supervision of children or conversation with guests. The reverse-cycle air-conditioning ensures perfect year-round comfort.

Read the full description

The balcony stretches the length of the house and overlooks magnificent views. Imagine waking up to a cup of coffee on the balcony with such a stunning outlook!

The three double bedrooms all have ceiling fans and split-system air conditioners, and the main bedroom enjoys built-in wardrobes. The bedrooms are served by a family bathroom, (with separate wc) which is serviceable but is just begging to be brought into line with your dream remodelling.

The grounds of this amazing 1,453sqm property are beautifully maintained. There is no work to do there. But what an exciting prospect the existing stables present! These could be made into a studio or workshop, a teenage retreat or kennels—or you could keep them as stables, complete with wash bay and tack room! After all, the Horse Racing Club and racetrack is only next door! There is good rear vehicle access, so parking for a caravan, motor home or other family toys would be a breeze.

This home, with massive potential, is not far from the CBD, shopping centres, schools and all the other amenities that a family would require.

Are you excited by this prospect? Do you have the vision to make this home yours? Imagine what you could do to fulfill your dream here. But if you are imagining the potential, rest assured many other people are seeing how this property could make their own dreams come true. Don’t hesitate! Call for a viewing today. It’s extremely rare that such a diamond in the rough is listed, and it will be snapped up in a flash.

- Three-bedroom home with two bathrooms

- Stunning views across the racecourse

- Open plan kitchen, dining and family room

- Bursting with potential for renovation

- Undercover entertaining in downstairs area

- Upstairs living area with raked ceilings and balcony

- Separate laundry, wc and shower downstairs

- Stables with tack room and wash bay

- Low maintenance garden perfect for relaxing

- Located close to all amenities

Disclaimer: All information contained herein is obtained from property owners or third-party sources which we believe are reliable. We have no reason to doubt its accuracy, however we cannot guarantee it. All interested person/s should rely on their own enquiries.

Listing description written by Alex Bussell, Powered by Smile Elite NSW — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Living Areas: 2
  • Outdoor Entertaining
  • Secure Parking
  • Toilets: 2
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.