Wellington at a glance
4,345
People
$340,000
Median sale
$450/wk
Median rent
6.88%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
NSW › Wellington › Lee St
3
Bedrooms
1
Bathrooms
1
Car spaces
197 m²
Land
Districts View
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.
Wellington at a glance
4,345
People
$340,000
Median sale
$450/wk
Median rent
6.88%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning scheme
Dubbo Regional Local Environmental Plan 2022
Zone
Commercial Centre
E2
Jurisdiction
Dubbo
Dubbo, 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 maps a heritage listed area on this parcel, intersecting about 99.7% of it (NSW ePlanning Spatial Viewer, retrieved 31 Aug 2026). Verify the extent against the title before relying on unaffected land.
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 Commercial Centre · E2 (Dubbo Regional Local Environmental Plan 2022). Official parcel area about 188 m². Dual occupancy looks constrained by site overlays or terrain. Two-lot subdivision looks unlikely on the loaded constraints. 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.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Heritage constraint may block demolition or dual occupancy even on a large block. Minimum lot size is not loaded, so two-lot subdivision is not confirmed. The listing may look cheap relative to land or the street. What reduces it: Conservation Area - General. Heritage can block demolition and dual occupancy even when land size looks like a site. 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 $450/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. Heritage constraints are a maintenance and alteration cost, not usually a rent premium by themselves.
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
Loaded constraints look like they kill a naive land-size story. Pay house money, or walk, until a planner confirms a pathway.
Detail
The listing may look cheap relative to land or the street. What reduces it: Conservation Area - General. Heritage can block demolition and dual occupancy even when land size looks like a site.
Nearby competing dwellings and net yield are still unknown.
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 Commercial Centre · E2 (Dubbo Regional Local Environmental Plan 2022). Official parcel area about 188 m². Dual occupancy looks constrained by site overlays or terrain. Two-lot subdivision looks unlikely on the loaded constraints. 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?
KnownmediumThe listing may look cheap relative to land or the street. What reduces it: Conservation Area - General. Heritage can block demolition and dual occupancy even when land size looks like a site.
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
Wellington at a glance
4,345
People
$340,000
Median sale
$450/wk
Median rent
6.88%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Raine & Horne Wellington120 Lee Street presents a rare opportunity in the heart of Wellington's expanding shopping strip.
This recently refreshed property combines character, flexibility and location making it an attractive option for business owners, investors or those seeking a home-and-income opportunity.
The ground floor offers a large shopfront with prime street exposure, complemented by a separate preparation or office area. At the rear, you'll find a generously sized kitchen, storerooms, a bathroom with bath and overhead shower plus the convenient rear lane access.
Upstairs, three spacious rooms with stained timber floors provide scope for shop-top housing (subject to Council approval), or could easily be adapted for a variety of other uses. Recent upgrades to the décor, both upstairs and down, have lifted the presentation and enhanced the character of the property.
Perfectly positioned close to restaurants, takeaways, parklands and the aquatic centre, this property offers buyers flexibility whether as a commercial investment, a mixed-use opportunity, or a live and-work solution.
Buyers are encouraged to contact Council regarding their intended usage of the property under its E2 Commercial Centre Zoning.
Contact Gary Francis on 0428 459 830 for further details.
* Images reflect properties at the time when the photos were taken or in some cases at an earlier point to accommodate the privacy of the tenant or owner. Seasonal changes & maintenance can affect the current presentation. Where land & building size is mentioned, while every precaution has been taken to establish the accuracy of the above information it does not constitute any representation by the vendor or agent. Prospective buyers are urged to rely on their own enquiries.
Listing description written by Gary Francis, Raine & Horne Wellington — reproduced as published, not verified by Districts.