Lorn at a glance
1,582
People
$1,162,500
Median sale
$608/wk
Median rent
2.72%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
NSW › Lorn › Nichols St
$1,370,000
Last sold
20 Mar 2024
5
Bedrooms
3
Bathrooms
3
Car spaces
500 m²
Land
Districts View
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
$1,370,000
20 Mar 2024 · derived via latest_sale
Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.
Local land rate: recorded House sales in Lorn (last 5 years) with land size have a median of $1,632/m² of land (n=42). Districts calculation from recorded sales — not a valuation.
Lorn at a glance
1,582
People
$1,162,500
Median sale
$608/wk
Median rent
2.72%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Vs Lorn
+17.8%
Median sale
Suburb $1,162,500
-0.41 pp
Gross yield
Suburb 2.72%
Suburb median $1,162,500 from 8 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Maitland Local Environmental Plan 2011
Zone
Public Recreation
RE1
Jurisdiction
Maitland
Maitland, NSW
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.
The official layer maps a heritage listed area on this parcel, intersecting about 99.7% of it (NSW ePlanning Spatial Viewer, retrieved 31 Aug 2026). Verify the extent against the title before relying on unaffected land.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NSWZoned Public Recreation · RE1 (Maitland Local Environmental Plan 2011). Official parcel area about 502 m². Dual occupancy looks constrained by site overlays or terrain. Two-lot subdivision looks unlikely on the loaded constraints. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Heritage constraint may block demolition or dual occupancy even on a large block. Minimum lot size is not loaded, so two-lot subdivision is not confirmed. The listing may look cheap relative to land or the street. What reduces it: Conservation Area - General. Heritage can block demolition and dual occupancy even when land size looks like a site. 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 $608/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. Heritage constraints are a maintenance and alteration cost, not usually a rent premium by themselves.
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
Loaded constraints look like they kill a naive land-size story. Pay house money, or walk, until a planner confirms a pathway.
Detail
The listing may look cheap relative to land or the street. What reduces it: Conservation Area - General. Heritage can block demolition and dual occupancy even when land size looks like a site.
Nearby competing dwellings and net yield are still unknown.
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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned Public Recreation · RE1 (Maitland Local Environmental Plan 2011). Official parcel area about 502 m². Dual occupancy looks constrained by site overlays or terrain. Two-lot subdivision looks unlikely on the loaded constraints. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownNSW 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?
KnownmediumThe listing may look cheap relative to land or the street. What reduces it: Conservation Area - General. Heritage can block demolition and dual occupancy even when land size looks like a site.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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.
Area
Lorn at a glance
1,582
People
$1,162,500
Median sale
$608/wk
Median rent
2.72%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by River Realty MaitlandFor exclusive access to River Realty VIP properties please join http://bit.ly/RiverVIPs today, or SMS 'RiverVIPS' to 0428 166 755.
The Agent Loves
"There is so much to love about this stunning home. From its prime location to the exceptional quality of design and details. It offers the ease of moving in and not having to do a thing."
The Location
The leafy suburb of Lorn, located across the Hunter River from Maitland, is known for its lush parklands and wide, tree-lined streets, offering a calm and relaxing atmosphere. Lorn Village has a delightful array of cafés and restaurants, while a short 5-minute trip leads to the heart of Maitland, ensuring convenient access to a diverse range of essential amenities.
Maitland - 4 min (1.5km)
Stockland Green Hills - 10 min (7.1km)
Newcastle - 45 min (36.1km)
The Snapshot
Discover the delight of 11 Nichols Street, a rare opportunity to own not just one, but two delightful residences on a single block. This unique property boasts a meticulously renovated and extended 1920 weatherboard home, paired with a matching studio constructed in 2019. Perfect for families with older children, multi-generational living, or those seeking additional income through short-term rental possibilities, this property offers a blend of heritage charm and modern convenience in the sought-after community of Lorn.
The Home
This exceptional property spans a 500 sqm block and hosts two stunning residences, a beautifully preserved 1920-built home and a contemporary studio completed in 2019.
Set at the end of Nichols Street, the location is unmatched, with no rear or next-door neighbours on one side. The property is nestled amongst beautifully maintained lawns and gardens, creating a private oasis in the heart of Lorn.
The original home, a centennial weatherboard gem with a Colorbond roof, underwent a complete renovation and extension in 2020. A front entry fence with passenger access and an automatic gate leads to a welcoming Merbau timber-decked porch.
Inside is a testament to modern craftsmanship with new wiring, plumbing, and oak-look timber flooring. The interiors boast higher ceilings, plantation shutters, and a split-level two-storey design.
The home offers multiple living zones, including a cosy lounge room with a wood-burning fireplace. The large open-plan kitchen, dining, and living area, features shaker profile cabinetry, stone benchtops, high-quality appliances, and a walk-in pantry. This area seamlessly opens to a stunning alfresco area through two sets of glass stacking doors, perfect for entertaining.
The main house includes four comfortable bedrooms with plush carpeting, ceiling fans, and robes. The master suite is situated upstairs with cathedral-style ceilings, VJ panelling, a walk-in wardrobe, and a private ensuite. The main bathroom is a retreat in itself, featuring a semi-frameless shower and a freestanding oval-shaped bath.
Additional features include an internal laundry, ample storage, an 18kw ducted air-conditioning system, and a double carport with rear garage access.
The studio echoes the style of the main house, with oak-look timber flooring, split system air conditioning, and an open-plan kitchen and living room. The bedroom is complete with built-in robes, and the bathroom boasts a contemporary design. The studio enjoys its own private rear alfresco with decking, ideal for guests or as a rental opportunity.
11 Nichols Street presents an incredible opportunity to buy into the peaceful and well-connected neighbourhood of Lorn, offering the luxury of two exquisite homes on one beautiful block.
SMS 11Nic to 0428 166 755 for a link to the online property brochure.
Listing description written by Chris Henry, River Realty Maitland — reproduced as published, not verified by Districts.
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