Bega at a glance
5,120
People
$650,000
Median sale
$533/wk
Median rent
4.26%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
NSW › Bega › Springvale Cl
$711,000
Last sold
11 Sept 2024
2
Bedrooms
1
Bathrooms
5
Car spaces
18,780 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Last sold
$711,000
11 Sept 2024 · derived via latest_sale
Local land rate: recorded House sales in Bega (last 5 years) with land size have a median of $752/m² of land (n=28). Districts calculation from recorded sales — not a valuation.
Bega at a glance
5,120
People
$650,000
Median sale
$533/wk
Median rent
4.26%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
Vs Bega
+9.4%
Median sale
Suburb $650,000
-0.36 pp
Gross yield
Suburb 4.26%
Suburb median $650,000 from 16 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NSWPlanning 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.
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
No advertised rent is recorded. Suburb median rent $533/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
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.
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
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.”
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
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
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownArea
Bega at a glance
5,120
People
$650,000
Median sale
$533/wk
Median rent
4.26%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Burchell Higgins Property SalesEscape the hustle and bustle of the city and discover the tranquility of 10 Springvale Close with all that Bega township has to offer…. BUT… not IN town.
This sweet 2-bedroom, 1-bathroom cottage is nestled on the fringe of Bega with peaceful surroundings and a convenient location. This is a brilliant option for a first home owner, downsizer or someone wanting to build their dream home with accommodation already on site.
This property offers excellent value in the current market.
With space and privacy, 1.878 hectares, easy to maintain, fertile soil for growing, 2 BR cottage, uninterrupted northerly aspect with lagoon and big vistas, awesome neighbours, an amazing site for your forever home and plenty of water....and only 5km to Bega PO, this is the perfect property.
This great property has already had the hard work done: with a two stage DA approved (2016), stage one is already complete, including a 2 bedroom, steel framed 8m x 12m approved cottage with carport and great infrastructure, including water tanks, 6 KVA solar, steel machinery shed and gardens. Stage 2 DA is approved and plans available.
The cottage has an open living/kitchen area with a Nectre wood heater and it is fully insulated, both walls and roof, with a fabulous northerly aspect ensuring you’ll be extra cosy all year. The high ceilings throughout add to the spacious feeling and with 2 good sized bedrooms, a lovely bathroom/laundry and an outdoors, undercover north facing verandah, this property is ready to move in and enjoy now!
The well designed, council approved, grey water system and cute composting toilet all add to the sustainable and eco-friendly design.
Huge gardening and growing bonus - There is a water licence agreement providing for 1 megalitre of water from the Bega River.
It is all here … there is even a bath out under the stars! Eco-friendly living at its best.
This is a rare find - Close to schools, work, shopping, friends, hospital, sporting venues and clubs with privacy, fertile land, level block, eco-friendly living and so close to Bega township!
Our vendor is motivated, so please call us before its too late.
Features:
* Council approved 2 BR steel framed cottage (Stage 1) with Stage 2 DA approved (and plans available)
* 1.878 ha fertile land
* Mains power & 6KVA solar - split system solar north and west
* Approx 60,000L of water tank storage AND water licence agreement providing for 1 megalitre of water from the Bega River
* Zone RU4 - Primary Production Small Lots
* 'Chook Palace' and fabulous vegetable garden
* Approved Nature Loo composting toilet and grey water system
* Provision for septic
*Retro caravan (undercover) for teenage or extra guest accommodation
* 5 minutes to Bega PO
Call Peta on 0448 782 945 to find out more or to arrange a private inspection.
Listing description written by Peta Burchell, Burchell Higgins Property Sales — reproduced as published, not verified by Districts.
NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.