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.
VIC › Orbost › Nicholson St
$190,000
Last sold
22 Nov 2023
1
Bedrooms
1
Bathrooms
2
Car spaces
862 m²
Land
115 m²
Building
Districts View
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
$190,000
22 Nov 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
-47.2%
Median sale
Suburb $360,000
+4.20 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.
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 Orbost & District Real Estate** All reasonable offers will be considered, express your interest now or miss out! **
Looking for the perfect place to start your real estate journey? Look no further! This gem at 198 Nicholson Street in Orbost is your golden ticket. With solid bones and a prime location, it's your canvas to create the home of your dreams.
Key Features:
• Prime Location: This property is a stone's throw away from Schools, Shops, Sporting Facilities, and Medical Centers. Convenience at its finest!
• Solid Structure: This property is your blank canvas, with a sturdy building already in place, waiting for your personal touch. It's an ideal base for renovation projects.
• Versatile Potential: The existing structure is perfect for a studio apartment or can be expanded into a larger dwelling, giving you endless possibilities.
• Generous Outdoor Space: Enjoy the spacious 862 sqm block with established fruit trees and a raised vegetable garden. Plenty of room for outdoor activities and gardening.
• Privacy and Security: The fully fenced yard provides the privacy and security you desire. Plus, a small deck and undercover outdoor area for relaxation.
• Convenient Utilities: Power, water, and sewer are all connected. The power has been recently upgraded to an underground feed with a new meter box.
• Functional Layout: Inside, you'll find an open-plan living area with great natural light in a generously sized space. The bathroom is ready with a toilet and vanity unit, with provisions for a shower.
• Ample Parking and Storage: A shed and carport offer plenty of parking space for your vehicles and extra storage for tools and equipment.
Don't let this opportunity slip through your fingers! Priced at just $229,000, it's a hot property in today's market. Contact us today to schedule a viewing and secure your future with this solid investment. Act fast - this won't last long!
Disclaimer: All information is deemed reliable but not guaranteed. Buyers are advised to perform their due diligence.
Listing description written by Luke Oakley, Orbost & District 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.