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NSW › Gulgong › Hillside Ln

118 Hillside Ln, Gulgong NSW 2852

Rural Property

$1,280,000

Last sold

7 Feb 2022

4

Bedrooms

2

Bathrooms

4

Car spaces

165,900 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 $1,280,000 (7 Feb 2022).(Recorded sale)
  • FactLand 165,900 m²; no building size recorded.(Property record)
  • CalculationRecorded Rural Property sales in Gulgong (last 5 years) with land size: median $6/m² of land (n=47). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned Primary Production (RU1) under the Mid-Western Regional Local Environmental Plan 2012.(NSW ePlanning Spatial Viewer · 31 Aug 2026)

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?

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

What this lot has actually traded at

Last sold

$1,280,000

7 Feb 2022 · derived via latest_sale

Local land rate: recorded Rural Property sales in Gulgong (last 5 years) with land size have a median of $6/m² of land (n=47). Districts calculation from recorded sales — not a valuation.

Gulgong at a glance

2,824

People

$625,000

Median sale

$520/wk

Median rent

4.33%

Suburb gross yield

Median sale from 55 recorded sales (last 12 months) — a Districts calculation.

See the full Gulgong report →

Vs Gulgong

+104.8%

Median sale

Suburb $625,000

-2.22 pp

Gross yield

Suburb 4.33%

Suburb median $625,000 from 55 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

Mid-Western Regional Local Environmental Plan 2012

Zone

Primary Production

RU1

Jurisdiction

Mid-Western

Mid-Western, NSW

Planning overlays

  • heightNot detected
  • heritageNot detected

Development activity

Data unavailable

Source

  • Provider: NSW ePlanning Spatial Viewer
  • Dataset: Planning Portal Principal Planning — Land Zoning Map
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 102304965

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 detected — official

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

Property history

  1. Sold$1,280,0007 Feb 2022
  2. Listedprice unknowncompleted20 Sept 2021
  3. Listedprice unknowncompleted20 Sept 2021

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?

Confidence: medium

Zoned Primary Production · RU1 (Mid-Western Regional Local Environmental Plan 2012). Official parcel area about 176,685 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $520/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.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned Primary Production · RU1 (Mid-Western Regional Local Environmental Plan 2012). Official parcel area about 176,685 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.

  • 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?

    Knownmedium

    Official parcel about 176,685 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

    Unknown

    Flood overlay has not been queried for this lot. 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

    No DA adapter returned applications 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

Gulgong in one glance

Gulgong at a glance

2,824

People

$625,000

Median sale

$520/wk

Median rent

4.33%

Suburb gross yield

Median sale from 55 recorded sales (last 12 months) — a Districts calculation.

See the full Gulgong report →

Keep researching

  • Why Gulgong? Read the area thesis →
  • What else is on the market in Gulgong →
  • Other records on Hillside Ln →

Listing material

Listed by First National Real Estate Mudgee

LIFESTYLE WITH INCOME!

Set at the end of a quiet country lane in fertile rolling hills only 7km's from Gulgong and twenty minutes from Mudgee, this beautifully developed 16ha farm offers plenty of space, incredible shedding and a great home plus the opportunity for extra income from an established award-winning olive grove and fig orchard on some of the property while using the rest of the property for the production of fat lambs or prime beef.

A fully renovated four bedroom brick home overlooks established irrigated gardens and surrounding countryside with features including spotted-gum hardwood floors throughout, a modern well-appointed kitchen with Caesarstone benchtops, choice of two separate living areas, two modern bathrooms (one with heated flooring), a large covered outdoor entertaining area, barbecue area with pizza oven, a double carport, expansive lawns, a large netted veggie garden plus an in-ground pool. There's also ducted evaporative cooling throughout, multiple split system reverse cycle air-conditioners and a wood heater with a ducted heat transfer system which delivers warm air throughout the home.

A 12kw back-to-grid solar power system with Tesla battery ensures the power bills are kept to a minimum and there is abundant water supply via a large dam, equipped bore plus approximately 220,000 litres of tank storage.

Read the full description

Other improvements include a huge enclosed machinery shed with three phase power, wood heater, sheering facilities and sheep yards plus an attached air-conditioned olive processing room. There's also two newly constructed machinery sheds, a good set of steel cattle yards with crush and loading ramp plus a mostly complete product storage/office building with kitchenette, toilet and a large built-in cool room with potential for use as guest accommodation or farm cellar door (subject to council approval).

Over 1,000 established Frantoio and Leccino oil bearing olive trees and 30 Kalamata table olive trees have been producing award-winning products over the years and there's 200 established fig trees in a fully netted enclosure. The balance of the property is well fenced and watered; ready to run stock straight away. The rear of the property has a lovely balance of large box trees, ideal for shelter, kids camping expeditions or firewood collection.

Having been lovingly looked after by the same family for almost 30 years, the time has come for them to move on, creating an incredible opportunity for new owners.

For further details or to arrange an inspection, please contact Andrew Blackman on 0413 488 844 or James Blackman on 0429 375 875.

Listing description written by Andrew Blackman, First National Real Estate Mudgee — 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.