Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started
Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started

NSW › Gundagai › Nicholls Ave

12 Nicholls Ave, Gundagai NSW 2722

For saleHouse

$730,000–$770,000

For sale

Asking range

4

Bedrooms

1

Bathrooms

6

Car spaces

18,800 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $730,000–$770,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $730,000–$770,000(Listing record · 26 Aug 2026)
  • FactLand 18,800 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Gundagai (last 5 years) with land size: median $448/m² of land (n=78). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 68% above the Gundagai median recorded sale ($434,000, n=28, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Gundagai's advertised median rent ($418/wk), implied gross yield would be 2.98% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

  • FactZoned Large Lot Residential (R5) under the Gundagai Local Environmental Plan 2011.(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

The ask against the evidence

Asking

$730,000–$770,000

Asking range · $39/m² of land

No recorded sale for this property.

Local land rate: recorded House sales in Gundagai (last 5 years) with land size have a median of $448/m² of land (n=78). Districts calculation from recorded sales — not a valuation.

Gundagai at a glance

1,736

People

$434,000

Median sale

$418/wk

Median rent

5.01%

Suburb gross yield

Median sale from 28 recorded sales (last 12 months) — a Districts calculation.

See the full Gundagai report →

Vs Gundagai

+68.2%

Median sale

Suburb $434,000

-2.03 pp

Gross yield

Suburb 5.01%

Suburb median $434,000 from 28 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$730,000
Stamp Duty (New South Wales)
$27,262
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
$761,129

$31,129 on top of the price (4.3% 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

Based on the low end of the asking range, not a contract price.

Pre-filled with Gundagai's advertised median rent — not a rent for this listing.

Net yield
1.48%
Annual cashflow (pre-tax)
$-27,174
Interest cover (DSCR)
0.28
Annual rent
$21,736
Operating expenses
$10,950
Loan amount
$584,000
Annual interest
$37,960
Gross yield
2.98%

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 scheme

Gundagai Local Environmental Plan 2011

Zone

Large Lot Residential

R5

Jurisdiction

Cootamundra-Gundagai

Cootamundra-Gundagai, 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: 103293139

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. Listed$730,000–$770,000available26 Aug 2026
  2. Soldprice unknown17 Apr 2025
  3. Listedprice unknowncompleted13 Mar 2024
  4. Listedprice unknowncompleted13 Mar 2024

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 Large Lot Residential · R5 (Gundagai Local Environmental Plan 2011). Official parcel area about 18,870 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 $418/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 3.0%. 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.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned Large Lot Residential · R5 (Gundagai Local Environmental Plan 2011). Official parcel area about 18,870 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 18,870 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

Gundagai in one glance

Gundagai at a glance

1,736

People

$434,000

Median sale

$418/wk

Median rent

5.01%

Suburb gross yield

Median sale from 28 recorded sales (last 12 months) — a Districts calculation.

See the full Gundagai report →

Keep researching

  • Why Gundagai? Read the area thesis →
  • What else is on the market in Gundagai →
  • Other records on Nicholls Ave →

Listing material

Listed by Ray White Tumut

Family home with pool, views and privacy !

Neat family home situated on 1.88Ha (4.6 acres) in town.

4 bedrooms, 3 with ceiling fans and 2 with built-in robes.

Open plan kitchen and dining room. Kitchen has electric cooking, dishwasher and walk-in pantry.

Read the full description

Separate lounge room with split system air-conditioner, ceiling fan and natural gas heater.

Covered front and back verandah's plus a large carport or entertaining area beside the pool.

The property has a single garage plus an additional 3 bay shed, workshop and garden shed.

1.88Ha (4.6 acres) with the potential to subdivide subject to council approval.

Council have previously been engaged to discuss plans for five lot subdivision. Proposed site plan available on request.

Located in the township of Gundagai only a short walk to the CBD, schools and hospital.

4 hours Sydney, 2 hours Canberra and 1 hour Wagga.

Listing description written by Shaun Ryan, Ray White Tumut — reproduced as published, not verified by Districts.

Property features

  • Toilets: 3

Also look at

Also for sale in Gundagai

  • 13 Francis Ave, Gundagai NSW 2722

    3-bed house for sale. Asking $490K.

    For sale
  • 259 Brungle Rd, Gundagai NSW 2722

    4-bed house for sale. Asking $925K.

    For sale
  • 112 William St, Gundagai NSW 2722

    3-bed house for sale. Asking $629K.

    For sale
  • 280 Mantons Rd, Gundagai NSW 2722

    0-bed land for sale. Asking $440K.

    For sale
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.