Condobolin at a glance
3,126
People
$357,500
Median sale
$350/wk
Median rent
5.09%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
NSW › Condobolin › Gibba Rd
5
Bedrooms
3
Bathrooms
3
Car spaces
2,820,000 m²
Land
Districts View
View not ready — official layers are still retrieving for this property. Official planning layers still retrieving. Flood / bushfire / heritage not yet retrieved. No recorded sale price for this property. Districts does not score a property it cannot yet see.
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
No recorded sale price for this property yet.
Condobolin at a glance
3,126
People
$357,500
Median sale
$350/wk
Median rent
5.09%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
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 $350/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
Condobolin at a glance
3,126
People
$357,500
Median sale
$350/wk
Median rent
5.09%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Parkes281.56ha* / 695.7ac*
Introducing 'The Gibba', a mixed farming block perfectly situated between Condobolin & Parkes/Forbes just off Henry Parkes Way.
Featuring a 5 bedroom, 3 bathroom home, the property would suit anyone looking at starting in the farming game whilst still having the potential to work in town.
Traditionally run as a cattle stud and breeding enterprise, the current owners usual production mix is 50 cows & calves and over 200 acres of cropping. With a stock and domestic pipeline from the mighty Goobang Creek, the property offers water security and ease of management with gravity fed troughs and large earth tanks with good catch.
Services:
• Telstra mobile phone service
• School bus
• Mail delivery 3 times per week
• 80km from Forbes saleyards
Location:
20 km's East of Condobolin, 80 km's West of Forbes/Parkes.
Country:
Gently undulating red loam to red sandy loam, quartz infused hill. Timbered with kurrajong, box and pine and ironbark in the hill.
Arable area is approx. 450 acres with canola, barley and oats planted this year.
Water:
• Condobolin rainfall is 450mm* (Condobolin Agricultural Research Station)
• Stock and Domestic pipeline from the Goobang creek supplying 9 troughs throughout as well as 6 large earth dams with good catch.
Improvements:
• 5 bedroom, 3 bathroom, weatherboard home with wood heater and split system air conditioning units. Established garden with roses and orchard featuring mulberries, citrus and peaches.
• 60' x 40' steel machinery shed, 3 car carport, garden shed, additional workshop with concrete floor and old sheep yards
• 1 x 30 tonne cone bottom grain silo, 2 x additional silos
• Steel cattle yards with crush under shade and adjustable loading race.
Fencing:
Predominantly hinge joint fencing into 18 paddocks with new fencing in places to a high standard.
Agents Comments:
The Gibba is well worth inspection for those looking to get into the rural market either as a first farm, add on block or investment. With its proximity to major rural centres and affordable size, 'The Gibba' would be a sound, affordable investment.
AUCTION ONLINE (Unless sold prior)
16th December 2021 11:00 am
Contact Paddy Ward - 0456 953 364
Disclaimer: All information contained herein is gathered from sources we believe reliable. We have no reason to doubt its accuracy, however we cannot guarantee it. All values are approximations.
Listing description written by Paddy Ward, Ray White Parkes — 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.