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NSW › East Gosford › Wells St

17 Wells St, East Gosford NSW 2250

House

$860,000

Last sold

21 Oct 2024

2

Bedrooms

1

Bathrooms

1

Car spaces

657 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 $860,000 (21 Oct 2024).(Recorded sale)
  • FactLand 657 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in East Gosford (last 5 years) with land size: median $1,699/m² of land (n=38). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned General Residential (R1) under the Central Coast Local Environmental Plan 2022.(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

$860,000

21 Oct 2024 · derived via latest_sale

Local land rate: recorded House sales in East Gosford (last 5 years) with land size have a median of $1,699/m² of land (n=38). Districts calculation from recorded sales — not a valuation.

East Gosford at a glance

4,262

People

$1,160,000

Median sale

$618/wk

Median rent

2.77%

Suburb gross yield

Median sale from 27 recorded sales (last 12 months) — a Districts calculation.

See the full East Gosford report →

Vs East Gosford

-25.9%

Median sale

Suburb $1,160,000

+0.97 pp

Gross yield

Suburb 2.77%

Suburb median $1,160,000 from 27 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

Central Coast Local Environmental Plan 2022

Zone

General Residential

R1

Jurisdiction

Central Coast (NSW)

Central Coast (NSW), NSW

Planning overlays

  • heightDetected
  • heritageNot detected

Planning constraints

  • 98.5

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: 100867146

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$860,00021 Oct 2024
  2. Listedprice unknowncompleted10 Sept 2024
  3. Listedprice unknowncompleted10 Sept 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 General Residential · R1 (Central Coast Local Environmental Plan 2022). Official parcel area about 658 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. If the dual occupancy pathway survives a planner’s check, this lot can outperform a same-suburb house that is hold-as-is only. That is not a forecast. 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 $618/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

This looks more compelling as a land / capital-growth play than a pure yield play — if the dual occupancy pathway survives a planner’s check.

Detail

Zoned General Residential · R1 (Central Coast Local Environmental Plan 2022). Official parcel area about 658 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.

Read more

Achieved rent for this address has not been inferred. Gross yield on advertising copy is not the deal.

Nearby DA pipeline is unknown, so neighbourhood change is not in this verdict.

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 General Residential · R1 (Central Coast Local Environmental Plan 2022). Official parcel area about 658 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. 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 658 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

East Gosford in one glance

East Gosford at a glance

4,262

People

$1,160,000

Median sale

$618/wk

Median rent

2.77%

Suburb gross yield

Median sale from 27 recorded sales (last 12 months) — a Districts calculation.

See the full East Gosford report →

Keep researching

  • Why East Gosford? Read the area thesis →
  • What else is on the market in East Gosford →
  • Other records on Wells St →

Listing material

Listed by Raine & Horne Gosford

Charming Post-War Cottage with Development Potential!

Discover a hidden gem in this enchanting post-war cottage, available for the first time in 70 years. Set on a generous 657 square meter block, this property presents a rare opportunity not only to own a home rich in history and character but also to explore its development potential. Lovingly maintained by the same family for generations, this blank canvas is ready for its next chapter.

Inside, you'll find two generously sized bedrooms, bathed in natural light and featuring classic architectural details. Whether you're envisioning cozy family living or reimagining each space, this home offers endless possibilities.

The spacious living room blends timeless elegance with modern comfort, featuring original period details like a stately fireplace and high ceilings. It's the ideal setting for entertaining, unwinding, or enjoying a cozy evening by the fire. At the rear of the home, a bright sunroom offers a serene space for morning coffee, reading, or enjoying garden views. This versatile room could be transformed into a home office, studio, or peaceful garden retreat.

Read the full description

The large kitchen and dining area offer ample potential for modernization or expansion. Whether you want to retain its nostalgic charm or opt for a contemporary layout, this space is a blank canvas for your culinary vision.

Surrounding the home is a beautifully landscaped, mature garden filled with vibrant flowers, lush greenery, and trees that provide privacy and shade. This outdoor oasis is perfect for quiet afternoons, gardening enthusiasts, or entertaining friends and family during the warmer months.

With its expansive 657sqm block, this property also holds exciting development potential (STCA). Located in a prime area, the home offers easy access to local shops, schools, parks, and public transportation, while still serving as a peaceful retreat from the daily hustle.

Whether you're looking to preserve its timeless charm, embark on a renovation project, or explore development possibilities, this cottage is a true treasure. With its rich history and enormous potential, this is a once-in-a-lifetime opportunity to make it your own.

Key Details:

Council Rates: $1,690.89 per annum

Water and Sewerage: $1,146.75 per annum plus usage

Currently tenanted until November at $365 per week

Rental appraisal $530-$550 per week

Don't miss out! Contact Sam Alexander at 0431 592 165 to schedule a private viewing today!

Disclaimer: This website has been prepared for marketing purposes only and may be subject to change without notice. The information and illustrations contained in this website are indicative only and is not to be construed as advice, a recommendation or an offer for the sale or rent of property. Every care has been taken to verify the accuracy of the information contained in this document, but no warranty (either express or implied) is given by Raine & Horne or its agent, as to the accuracy of the contents. Prospective purchasers and/or tenants should conduct their own investigations into all matters relating to the proposed purchase and/or lease of the property.

Listing description written by Sam Alexander, Raine & Horne Gosford — reproduced as published, not verified by Districts.

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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.