Cundletown at a glance
2,045
People
$645,000
Median sale
$574/wk
Median rent
4.63%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
NSW › Cundletown › Main St
$420,000
Last sold
27 Jan 2022
2
Bedrooms
1
Bathrooms
1
Car spaces
1,013 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
$420,000
27 Jan 2022 · derived via latest_sale
Local land rate: recorded House sales in Cundletown (last 5 years) with land size have a median of $751/m² of land (n=36). Districts calculation from recorded sales — not a valuation.
Cundletown at a glance
2,045
People
$645,000
Median sale
$574/wk
Median rent
4.63%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
Vs Cundletown
-34.9%
Median sale
Suburb $645,000
+2.48 pp
Gross yield
Suburb 4.63%
Suburb median $645,000 from 16 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 $574/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
Cundletown at a glance
2,045
People
$645,000
Median sale
$574/wk
Median rent
4.63%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Elders Real Estate TareeSeemingly as solid as the day it was built, this original 1940's weatherboard cottage has been the home of one family since the day it was built. Small, simple and solid; homes of this vintage provide the perfect platform for those with a love and passion for turning homes of yesteryear into classic yet modern masterpieces.
Perfectly priced for first-home buyers' trying to get into a constantly evolving market, particularly in highly sort-after locales such as this. Whilst the property is in original condition, it is very much liveable and offers the opportunity to move straight in and renovate as you please. There's even room to extend, add a shed AND pool down the track, all while still leaving space for the kids and the pets to play.
But it's the parcel of land upon which this home proudly sits that opens the doors of opportunity for those with a bit of nous and imagination. A large, level 1013m2 block with no easements; the perfect equation for investors looking for a dual occupancy, multi-dwelling development or potential subdivision opportunity (Subject to Council Approval).
Upon inspection you will find:
• Spacious main bedroom with additional dressing room begging to be converted to a walk-in robe and ensuite (STCA)
• Second bedroom and formal lounge of a good size also
• Spacious eat-in kitchen and adjacent bathroom in original yet functional condition
• Separate toilet and laundry located via the back veranda
• Ceiling fans throughout
• Hardwood timber floors hidden under the carpets
• Original workshop and carport
• Delightful established gardens that would impress the fussiest of green thumbs
Parcels of land in sought-after neighbourhoods such as Cundletown are becoming harder to find and are only becoming more valuable as modern block sizes become smaller and smaller. Sure to be popular with buyers from all different markets, we strongly suggest you attend one of our upcoming open homes or book your private inspection with Sam Halloran as soon as possible.
Listing description written by Sam Halloran, Elders Real Estate Taree — reproduced as published, not verified by Districts.
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