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 › Reid St
$315,000
Last sold
7 Feb 2025
3
Bedrooms
1
Bathrooms
1
Car spaces
613 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
$315,000
7 Feb 2025 · derived via latest_sale
Local land rate: recorded House sales in Wellington (last 5 years) with land size have a median of $331/m² of land (n=16). Districts calculation from recorded sales — not a valuation.
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.
Vs Wellington
-7.4%
Median sale
Suburb $340,000
+0.55 pp
Gross yield
Suburb 6.88%
Suburb median $340,000 from 11 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
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.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NSWPlanning 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.
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
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.
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
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.”
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
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
UnknownPlanning layers have not been retrieved for this property yet.
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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). 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
UnknownDevelopment applications have not been queried 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 Dotcom Property SalesSeize this great opportunity for this renovated 3 Bedroom home with traditional period charm that offers ample space for your family to grow and thrive, nestled in a quiet neighbourhood, with close proximity to all that Wellington provides.
If you are an investor, this home is tenant ready or if you are a homebuyer this property will suit your needs and is ready to go! This cosy home is located on Reid Street, only minutes walk to Rygate Park, Wellington High School and the Hospital. The home features a drive through 613m2 block with rear lane access. At the rear of the property there is a carport and a small workshop that could be converted easily to a teenagers retreat or bedsitter (stca). Stepping inside this charming 1920's home, you will find pressed metal ceilings and original wooden flooring throughout the 2 front bedrooms, lounge and kitchen. There is a toasty wood fire in the lounge, with plenty of natural light flooding through the large windows. All 3 bedrooms are of good size with the third having new carpet. The kitchen has ample room for a small dining suite and the laundry and bathroom is combined.
The generously sized sunny backyard is perfect for the kids to play and for outdoor entertaining or simply enjoying a quiet afternoon in the sun. This property also offers the convenience of a secure yard for the family, plus rear lane and drive through access, providing ample space for your vehicles and additional storage.
Located in a great area of Wellington, you'll enjoy easy access to local amenities, schools, parks, and public transportation, ensuring a convenient and fulfilling lifestyle.
Don't miss out on the opportunity to make this house your home. Contact us today to arrange a private viewing and experience the beauty and tranquility of 14 Reid Street, Wellington.
- Full length Verandah
- 3 Great Sized Bedrooms
- Wood Fire in Lounge
- Combined Bathroom & Laundry
- Single Carport & Workshop
- Rear Lane Access
- Drive Thru 613 sqm block
- Rental Potential $375 per week
Listing description written by Trent Pengilley, Dotcom Property Sales — reproduced as published, not verified by Districts.