Walcha at a glance
2,449
People
$406,315
Median sale
$406/wk
Median rent
5.20%
Suburb gross yield
Median sale from 8 recorded sales (last 24 months) — a Districts calculation.
NSW › Walcha › Fitzroy St
$470,000–$510,000
For sale
Asking range
$388,000
Last sold
5 Aug 2024
3
Bedrooms
1
Bathrooms
1
Car spaces
670 m²
Land
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
No verification items generated for this record.
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
Asking
$470,000–$510,000
Asking range · $701/m² of land
Last recorded sale $388,000 (5 Aug 2024).
Local land rate: recorded House sales in Walcha (last 5 years) with land size have a median of $352/m² of land (n=14). Districts calculation from recorded sales — not a valuation.
Walcha at a glance
2,449
People
$406,315
Median sale
$406/wk
Median rent
5.20%
Suburb gross yield
Median sale from 8 recorded sales (last 24 months) — a Districts calculation.
Vs Walcha
+15.7%
Median sale
Suburb $406,315
-0.71 pp
Gross yield
Suburb 5.20%
Suburb median $406,315 from 8 recorded sales (last 24 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$19,429 on top of the price (4.1% extra)
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.
Based on the low end of the asking range, not a contract price.
Pre-filled with Walcha's advertised median rent — not a rent for this listing.
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.
Planning
Planning scheme
Walcha Local Environmental Plan 2012
Zone
General Residential
R1
Jurisdiction
Walcha
Walcha, 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 was queried and no heritage listed area was detected on this parcel (NSW ePlanning Spatial Viewer, retrieved 31 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.
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 General Residential · R1 (Walcha Local Environmental Plan 2012). Official parcel area about 681 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. If the dual occupancy pathway survives a planner’s check, this lot can outperform a same-suburb house that is hold-as-is only. That is not a forecast. 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.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. 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 $406/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.
Gross yield if leased at the suburb aggregate is 4.5%. 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
Districts view
This looks more compelling as a land / capital-growth play than a pure yield play — if the dual occupancy pathway survives a planner’s check.
Detail
Zoned General Residential · R1 (Walcha Local Environmental Plan 2012). Official parcel area about 681 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Achieved rent for this address has not been inferred. Gross yield on advertising copy is not the deal.
Nearby DA pipeline is unknown, so neighbourhood change is not in this verdict.
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 General Residential · R1 (Walcha Local Environmental Plan 2012). Official parcel area about 681 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. 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?
KnownmediumOfficial parcel about 681 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
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
Walcha at a glance
2,449
People
$406,315
Median sale
$406/wk
Median rent
5.20%
Suburb gross yield
Median sale from 8 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Laing+Simmons ArmidaleTucked away just east of the Apsley River in the thriving country village of Walcha, 111E Fitzroy Street is a character-filled three-bedroom bungalow packed with charm, stylish updates, and exciting future potential. Just a minute or two's walk from the town centre, this is a must-see property for discerning buyers.
Upon entering the home, you'll immediately appreciate the light and airy feel, with large windows on all aspects allowing natural sunlight to flood the open-plan kitchen and dining area. Multiple living spaces provide the flexibility for families to spread out or come together with ease.
Timeless character features, including beautiful archways, internal glazing, an oversized fireplace, and recessed ceiling lights, add warmth and elegance throughout. Recent updates include new kitchen flooring, new carpets, new blinds, and a split-system air conditioning unit installed in the main living area. This lovely home has classic appeal, while stunning north-easterly views over the town and surrounding hills create a wonderful sense of space.Outside, the property continues to impress with rear access via the driveway, a large shed/workshop, and a covered BBQ area that's ideal for entertaining family and friends.
Adding even greater appeal is the existing garage, which already has plumbing in place, presenting an exciting opportunity for buyers looking to create a self-contained studio, guest accommodation, home office, or potential dual-occupancy setup (subject to the necessary approvals). Whether you're seeking additional living space, rental income potential, or a flexible work-from-home solution, this is an opportunity well worth exploring.
Currently returning $490 per week in rental income, with the potential for an increase in November, this property also presents an attractive opportunity for investors seeking immediate returns with future upside.
Don't miss your chance to secure this charming home with exceptional versatility, investment appeal, and future potential. Contact Hayley today to arrange your private inspection.
Disclaimer: We have obtained all information from sources we believe to be reliable, however we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
Listing description written by Rhys Wilson, Laing+Simmons Armidale — reproduced as published, not verified by Districts.