Orbost at a glance
2,167
People
$360,000
Median sale
$325/wk
Median rent
4.69%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
$182,500
Last sold
19 Oct 2023
2
Bedrooms
1
Bathrooms
0
Car spaces
702 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
$182,500
19 Oct 2023 · derived via latest_sale
Local land rate: recorded House sales in Orbost (last 5 years) with land size have a median of $423/m² of land (n=91). Districts calculation from recorded sales — not a valuation.
Orbost at a glance
2,167
People
$360,000
Median sale
$325/wk
Median rent
4.69%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
Vs Orbost
-49.3%
Median sale
Suburb $360,000
+4.57 pp
Gross yield
Suburb 4.69%
Suburb median $360,000 from 39 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
VICPlanning 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.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $325/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. 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. Net yield / holding costs are not estimated outside NSW without inventing land tax.
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
UnknownArea
Orbost at a glance
2,167
People
$360,000
Median sale
$325/wk
Median rent
4.69%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Coast to Country Real EstateIf you are seeking an opportunity to add value to you next property purchase, then this home is an outright must for you to inspect. The home would benefit from some renovation, but if you're a keen handyman or renovator and looking for a doer-upper, you might be able to work your magic on this one. There's scope to create some significant equity as a result. This could be the perfect opportunity for a first home buyer looking for an affordable entry on their property journey. Alternatively, this home would make a great start to a rental portfolio or a great addition to an existing portfolio. There is a strong demand for rental properties in the area and with an approximate weekly rental of $260 p/w, this property could offer an excellent gross return.
The two-bedroom home is situated on a generous sized block of 702m and is located a short stroll from Orbost town centre. The structure of the home appears solid and it is built on concrete stumps with hardwood flooring. It is typical of its era, with a good-sized lounge complete, combined kitchen and dining area, a family bathroom with separate toilet and a full laundry with basin. Both bedrooms are a generous size, with the master situated at the front of the property and the second one to the rear. Reverse-cycle split system air conditioning helps keep the home at a comfortable temparature all year round.
The property is fully fenced with a spacious backyard, complete with a small garden shed. It also benefits from side access, so boat or caravan storage is easily accommodated. It's a solid house that needs some TLC with most of the renovation opportunities being cosmetic. This home has a great land holding and would benefit from future developments or an extension (STCA).
Nestled on the Snowy River, Orbost is a great location to start your country lifestyle. Orbost has a golf club and sports centre, lots of cafes, two supermarkets, banks and a variety of specialist stores, a Regional Hospital, Secondary College and Primary Schools. Orbost is only a short drive to the coastal town of Marlo for unspoilt beaches and great fishing and boating. You can even head offshore fishing from the newly refurbished boat ramp at nearby Cape Conran.
Don't miss out on this amazing opportunity to create something truly special. Please view our Virtual Tour and contact Toni Spires on 0468 947 942 or Matt Byrne on 0410 681 323 to schedule an inspection and start your journey towards renovating or developing this property!
Expressions of interest closing on 1 September 2023 at 5pm.
Listing description written by Toni Spires, Coast to Country Real Estate — reproduced as published, not verified by Districts.
Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
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
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.