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NSW › Broken Hill › Schlapp St

117 Schlapp St, Broken Hill NSW 2880

For saleHouse for Sale

$1,500,000

For sale

Asking

1

Bedrooms

2

Bathrooms

2

Car spaces

12,000 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 · 6 Aug 2026)
  • FactLand 12,000 m²; no building size recorded.(Property record)
  • CalculationAsk is 476% above the Broken Hill median recorded sale ($260,500, n=64, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Broken Hill's advertised median rent ($350/wk), implied gross yield would be 1.21% — 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 · $125/m² of land

No recorded sale for this property.

Broken Hill at a glance

17,629

People

$260,500

Median sale

$350/wk

Median rent

6.99%

Suburb gross yield

Median sale from 64 recorded sales (last 12 months) — a Districts calculation.

See the full Broken Hill report →

Vs Broken Hill

+475.8%

Median sale

Suburb $260,500

-5.78 pp

Gross yield

Suburb 6.99%

Suburb median $260,500 from 64 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 Broken Hill's advertised median rent — not a rent for this listing.

Net yield
-0.29%
Annual cashflow (pre-tax)
$-82,300
Interest cover (DSCR)
-0.06
Annual rent
$18,200
Operating expenses
$22,500
Loan amount
$1,200,000
Annual interest
$78,000
Gross yield
1.21%

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$1,500,000available6 Aug 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 $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.

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 1.2%. 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

Broken Hill in one glance

Broken Hill at a glance

17,629

People

$260,500

Median sale

$350/wk

Median rent

6.99%

Suburb gross yield

Median sale from 64 recorded sales (last 12 months) — a Districts calculation.

See the full Broken Hill report →

Keep researching

  • Why Broken Hill? Read the area thesis →
  • What else is on the market in Broken Hill →
  • Other records on Schlapp St →

Listing material

Listed by LJ Hooker Broken Hill

An exceptional lifestyle. Built to be treasured - 1.2 Hectares

Positioned on the edge of town, this unique lifestyle property offers the perfect balance of peaceful rural living with the convenience of nearby amenities. Set on approximately 1.2 hectares directly opposite the regeneration area, you'll enjoy uninterrupted sunset views, wide open space and a setting that feels like your own private retreat. The charming residence is complemented by a full wrap-around verandah, offering the perfect vantage point to embrace the peaceful surroundings and enjoy the relaxed country lifestyle that only a property like this can provide. Lovingly built by its original owners and offered to the market for the very first time, this is a truly cherished home that has been filled with years of treasured family memories and is ready for its next chapter.

Constructed with solid brick walls and a steel roof frame, the thoughtfully designed home currently offers one spacious bedroom, complemented by multiple large living areas and the flexibility to create up to two additional bedrooms (STCA). Whether you require extra accommodation for a growing family or simply wish to tailor the home to your own needs, the foundations are already here to make it your own. Adding to its incredible appeal is a character filled converted bus, thoughtfully transformed into a unique guest retreat or additional living and sleeping space that is sure to delight visitors of all ages.

Complementing the property is a substantial sized unit, ideal as a workshop, studio, home business, storage facility or whatever your lifestyle requires, complete with built in storage, a workbench and water. Completing the impressive outdoor improvements is a stylish and uniquely designed bathroom, cleverly incorporated within a tank and featuring a shower and toilet, while horse yards, a stable, feed sheds and rainwater tanks further enhance the property's outstanding versatility.

Read the full description

This is far more than a home, it's a lifestyle property with heart, character and endless potential. Whether you're dreaming of keeping horses, creating the ultimate hobby farm, accommodating extended family and guests, or simply enjoying the peace and privacy that acreage living provides, the opportunities here are truly endless. Combining quality construction, unique improvements and an unforgettable setting with breathtaking sunset views, this is a rare opportunity to secure one of the district's most distinctive lifestyle properties.

Property details:

- 1.2 hectares with potential to subdivide into multiple blocks (STCA)

- Full return verandah

- Brick home with steel frame roof

- Formal entrance into the home

- 1 bedroom with built in robes, room to create further bedrooms

- Multiple living rooms and natural light

- Tiled throughout the main living areas, with carpet in the formal lounge and bedroom

- Ceiling fans and a reverse cycle air conditioner

- Formal dining room with built in storage and display cabinets

- Custom kitchen with dishwasher, electric stove top, wall oven and plentiful cupboard space

- Dual access bathroom with built linen cupboard and double open shower

- Private open and undercover entertaining areas with BBQ and shade house

- A Bus that has been transformed for extra accommodation and living with water

- Substantial sized unit for multi purpose living, built in storage, workbench, kitchenette and water connected

- Outdoor shower and toilet

- Feed shed with horse yard and stable

- Garden sheds, storage, cages, shelters and trough

- Rainwater tanks

- Septic tank

- Bore

The property is sold furnished.

Freehold

Land rates: approx $5,859

Water rates: approx $1,000

Disclaimer: All information contained therein is gathered from relevant third party sources. We cannot guarantee or give any warranty about the information provided. Interested parties must rely solely on their own enquiries. All distances and measurements are approximates only.

Listing description written by Tara Nadge, LJ Hooker Broken Hill — 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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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.