Nhill at a glance
2,327
People
$207,000
Median sale
$312/wk
Median rent
7.84%
Suburb gross yield
Median sale from 8 recorded sales (last 24 months) — a Districts calculation.
VIC › Nhill › Clarence St
2
Bedrooms
1
Bathrooms
0
Car spaces
Districts View
View not ready — official layers are still retrieving for this property. Official planning layers still retrieving. Flood / bushfire / heritage not yet retrieved. No recorded sale price for this property. Districts does not score a property it cannot yet see.
Nothing about this record stands out yet — coverage may still be filling in.
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
No recorded sale price for this property yet.
Nhill at a glance
2,327
People
$207,000
Median sale
$312/wk
Median rent
7.84%
Suburb gross yield
Median sale from 8 recorded sales (last 24 months) — a Districts calculation.
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 $312/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
UnknownVictoria 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.
Area
Nhill at a glance
2,327
People
$207,000
Median sale
$312/wk
Median rent
7.84%
Suburb gross yield
Median sale from 8 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Westech Real EstateOriginally the home of The Nhill Free Press Newspaper this building has a history rich background.
This renovated two-bedroom studio-loft is a blended fusion of a commercial building that has been converted into a comfortable space for day-to-day living. It is rare to come across buildings such as this where renovations have taken place with the heritage and history taken into consideration.
Ideally located within the main street/CBD of Nhill, unlimited possibilities are presented in the entryway as it allows for the potential for it to be converted into a reception space, leading into the first bedroom which could be used as an office and sectioned off.
The ground floor is an aesthetically pleasing area, with open living, kitchen and dining. Let it be the centre of your home, office or building with a raised, ornate timber beam ceiling featuring clerestory windows that allow an abundance of natural light to stream in.
Kept within the circa of the early 1900’s, enjoy the décor while knowing you are not missing out on modern day appliances. The open, galley kitchen allows for a functional yet stylish space with induction cooktop, convection/microwave oven, dishwasher, and ‘under bench’ refrigerator (all included in sale along with a front load washing machine and dryer in the laundry).
Be kept in comfort year-round with an open fireplace in the main downstairs room and commercial sized, ducted heating and cooling throughout.
Upstairs, the Master Bedroom offers privacy and comfort with a double robe. Enjoy the character style with ornate features continued into the bathroom which is made up of shower, toilet and vanity.
There is access to the roof, via a security door from the loft.
Helping you reduce your carbon footprint are the 25 solar panels installed and connected to a 5.5kw Solar Converter, which returns energy to the grid.
Appreciate and absorb this history rich building. Saved from deterioration and abandonment, new life has been leased into the structure by quality, thoughtful renovations. The seamless integration of new fittings merged with restored original features allows for a timeless preservation of style.
Do not miss this once in a lifetime opportunity, as building such as these are rare and personal. Call our office today to arrange your own private inspection or discuss further details.
Please note this building is zoned commercial.
Expressions of interest closing 4pm Thursday the 4th of May 2023.
Listing description written by Joanne Perkins, Westech Real Estate — reproduced as published, not verified by Districts.