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NSW › Murwillumbah › Thompson St

10 Thompson St, Murwillumbah NSW 2484

For saleBlock of Units for Sale

$1,500,000

For sale

Asking

7

Bedrooms

3

Bathrooms

3

Car spaces

601 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,500,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,500,000(Listing record · 8 May 2026)
  • FactLand 601 m²; no building size recorded.(Property record)
  • CalculationAsk is 55% above the Murwillumbah median recorded sale ($967,500, n=78, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Murwillumbah's advertised median rent ($643/wk), implied gross yield would be 2.23% — 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

$1,500,000

Asking · $2,496/m² of land

No recorded sale for this property.

Murwillumbah at a glance

7,577

People

$967,500

Median sale

$643/wk

Median rent

3.46%

Suburb gross yield

Median sale from 78 recorded sales (last 12 months) — a Districts calculation.

See the full Murwillumbah report →

Vs Murwillumbah

+55.0%

Median sale

Suburb $967,500

-1.23 pp

Gross yield

Suburb 3.46%

Suburb median $967,500 from 78 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,500,000
Stamp Duty (New South Wales)
$64,512
Transfer/Registration Fee
$167
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
$1,568,379

$68,379 on top of the price (4.6% extra)

  • Stamp Duty (New South Wales)
  • 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: New South Wales schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Murwillumbah's advertised median rent — not a rent for this listing.

Net yield
0.73%
Annual cashflow (pre-tax)
$-67,064
Interest cover (DSCR)
0.14
Annual rent
$33,436
Operating expenses
$22,500
Loan amount
$1,200,000
Annual interest
$78,000
Gross yield
2.23%

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$1,500,000available7 May 2026

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 $643/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

Gross yield if leased at the suburb aggregate is 2.2%. 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. 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

Murwillumbah in one glance

Murwillumbah at a glance

7,577

People

$967,500

Median sale

$643/wk

Median rent

3.46%

Suburb gross yield

Median sale from 78 recorded sales (last 12 months) — a Districts calculation.

See the full Murwillumbah report →

Keep researching

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

Listing material

Listed by First National Real Estate Murwillumbah

3-unit Fully Tenanted Complex - Investor Opportunity

An excellent opportunity to acquire a fully tenanted - and therefore SMFS eligible - multi-unit income asset in an area with a critically low vacancy rate attracting strong tenant demand.

10 Thompson Street is a two-level, fibro-clad complex comprising three self-contained units - two x 2-bedroom/1-bathroom and one x 3-bedroom/1-bathroom - set on a level allotment.

* Two-level, fibro-cladded complex with tin roof.

Read the full description

* Comprised of two 2-bed/1-bath units, and one 3-bed/1-bath unit - all currently tenanted.

* Individual single, lock-up garage for each unit.

* Currently fully tenanted on fixed terms tenancies until November 2026.

* Generating a gross yearly income of $71,250.

* Appraised to generate a gross annual income of $81,640.

Rental Income:

Unit 1: $600/week - par market-value - leased until May '27

Unit 2: $400/week - appraised as $450-$480/week - leased until Nov '26

Unit 3: $370/week - appraised as $450-$480/week leased until Nov '26

Current annual gross income: $71,250

Appraised gross annual income: $81,640

Standard outgoings:

Council Rates: approx. $4,070 per annum

Water Rates: approx. $960 per annum

Total standard outgoings: approx. $5,030 per annum

Current indicative net income: approx. $66,220 per annum - 4.4% yield*.

Appraised indicative net annual income: approx. $76,610 per annum - 5.1% yield*.

*Outgoings subject to a wider range of variation (i.e. insurance and management fees) have been excluded from these calculations, and the produced figures are indicative only. Purchasers are encouraged to obtain their own quotes and carry out calculations accordingly.

Set in Murwillumbah's established eastern residential precinct, the property sits within walking distance of Murwillumbah Primary School and 1.1 km from the CBD - positioning it squarely in the path of the area's core tenant demographic: working families, essential service workers, and long-term local renters who value proximity to schools and amenities over coastal premiums.

With a critically low vacancy rate below 0.7% and no meaningful new unit supply in the pipeline, tenant demand at this price point is structural, not cyclical.

* Gold Coast Airport: 35 minute drive

* Tweed Valley Hospital: 30 minute drive

* Kingscliff beaches: 20 minute drive

* Byron Bay: 45 minute drive

* Brisbane CBD: 90 minute drive

Disclaimer:

All information (including but not limited to the property area, floor size, price, address, distances and time travel time and general property description) is provided as a convenience to you, and has been provided to First National Real Estate Murwillumbah by third parties.

Information should not be relied upon and you should make your own enquiries and seek legal advice in respect to all information about the property contained in this advertisement.

Listing description written by Scott Reading, First National Real Estate Murwillumbah — 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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