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NSW › Macksville › Wallace St

107 Wallace St, Macksville NSW 2447

House

$565,000

Last sold

20 Jan 2023

3

Bedrooms

1

Bathrooms

1

Car spaces

940 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 $565,000 (20 Jan 2023).(Recorded sale)
  • FactLand 940 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Macksville (last 5 years) with land size: median $955/m² of land (n=104). 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

$565,000

20 Jan 2023 · derived via latest_sale

Local land rate: recorded House sales in Macksville (last 5 years) with land size have a median of $955/m² of land (n=104). Districts calculation from recorded sales — not a valuation.

Macksville at a glance

2,806

People

$710,000

Median sale

$555/wk

Median rent

4.06%

Suburb gross yield

Median sale from 23 recorded sales (last 12 months) — a Districts calculation.

See the full Macksville report →

Vs Macksville

-20.4%

Median sale

Suburb $710,000

+1.05 pp

Gross yield

Suburb 4.06%

Suburb median $710,000 from 23 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$565,00020 Jan 2023
  2. Listedprice unknowncompleted2 Nov 2022
  3. Listedprice unknowncompleted2 Nov 2022

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 $555/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

Macksville in one glance

Macksville at a glance

2,806

People

$710,000

Median sale

$555/wk

Median rent

4.06%

Suburb gross yield

Median sale from 23 recorded sales (last 12 months) — a Districts calculation.

See the full Macksville report →

Keep researching

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

Listing material

Listed by Real Estate of Distinction Byron Bay

Entertaining with a pool and view...

Sitting privately back from the road you will find this huge 940 m2 parcel of land featuring a solid Brick and Tile home that is oozing with untapped potential for a family, investor or first home buyer. Conveniently located close to Macksville CBD, country club and nearby schools, while also enjoying mesmerizing rural and mountain views, you get the best of both worlds.

Featured on the top floor of the home is 3 bedrooms all with ceiling fans and built-in wardrobes, the main bathroom is centrally located amongst the bedrooms which includes a vanity, bath, shower and even a laundry chute! The toilet is separated which is convenient for an early morning school rush, there is also a linen cupboard in the hallway. Under the well persevered carpet you will find the original hardwood floors from the late 1970's if you wish to create warmth and a timber look throughout the home.

The updated kitchen features a Westinghouse electric cooktop and electric oven, although there is no dishwasher, there is space for one. The kitchen window also showcases the view, so you won't mind preparing meals with a backdrop of the inground pool, mountains and farmland. In the sundrenched open plan living and dining area, a Toshiba air conditioner is conveniently placed to ensure you are kept cool or warm, in the current ever-changing climate. You also have direct access to the rear balcony should you wish to enjoy a beverage or meal outside.

Read the full description

For your furry four-legged companions, there is a doggy door that goes through to the garage, for the humans there is a normal door via the balcony to access the kitchen/dining area from the single garage, which is great for all weather conditions.

Walking outside onto the balcony, which contains a screened sunroom to the left and the garage to the right. As you wander downstairs you are mesmerised with the view of the farmland, along with the mountains in the distance, this view really is gorgeous. Downstairs you will find the laundry, extra toilet, workshop, hot water system and expansive under house storage with shelving as well as an under covered area for enjoying the summer breezes whilst watching the kids in the pool.

Stepping down into the terraced and fully fenced backyard, you are greeted by the generously sized salt water in-ground pool for all the family and friends to enjoy, within the pool area is a large, open pergola where you may like to entertain by the pool with a BBQ. Surrounding are well designed established gardens which have been preciously maintained throughout many years.

Although the home has the charm of yesteryear, it is also a blank canvas for you to put your own style and taste into creating something very special for yourself.

Summarised features:

-3 bedrooms (with ceiling fans and built-in wardrobes)

-1 bathroom (plus extra toilet downstairs)

-In ground saltwater pool

-Single lock up garage (with workshop)

-940sqm block

-Fully fenced terraced and landscaped yard

-Side access from the front of the home

-Additional storage downstairs

-Gorgeous farm and mountain views

Disclaimer:

All information contained herein is gathered from third party sources we deem to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own independent enquiries and not on the information contained herein. Figures and details are subject to change without further notice.

Listing description written by Mikayla Lord, Real Estate of Distinction Byron Bay — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Gas Heating
  • In-Ground Pool
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.