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
$280,000
Last sold
18 Dec 2020
3
Bedrooms
2
Bathrooms
2
Car spaces
1,606 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
$280,000
18 Dec 2020 · 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=92). 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
-22.2%
Median sale
Suburb $360,000
+1.35 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
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
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 East Gippsland & Lakes Real EstateLocated within walking distance to the Orbost CBD, hospital, schools and sporting grounds is this beautiful period character home. Set on a huge 1606m2 block, this 3 bedroom weatherboard home has charm and space at every angle, with high ceilings and more than generous room sizes, polished timber floors, leadlight window accents and bullnose verandah, the home really feels like a country homestead. The homes country style kitchen is warm and inviting featuring a large decorative copper rangehood, gas hotplates, electric oven, dishwasher, walk in pantry and plenty of useable bench space, there is a r/c split system as well to keep the home comfortable. The dining room adjoins the kitchen and features double doors that open out to allow for summer outdoor entertaining. In the large main living room is a built in wood heater for those wintery nights and polished timber floorboards add to the country feel throughout the home. The Master bedroom features a walk in robe and ensuite, the other two bedrooms are spacious and bright with large timber sliding windows. At the rear of the home is the family bathroom with corner spa, shower and a huge laundry. Outside the property offers a plethora of features, with a cute single room bungalow, a double shed with roller door, concrete floor and power and a BBQ/outdoor entertaining hut. The gardens are well established and feature cottage pathways and and there is even a veggie garden. With the mighty Snowy River only minutes away and the East Gippsland coast and Wilderness all nearby, Orbost is the gateway to the Far East Gippsland wilderness and countless adventures.
For more information call Yvette on 0400 512 659 or visit www.eglre.com.au
Property Code: 648
Listing description written by Yvette McCartney, East Gippsland & Lakes Real Estate — reproduced as published, not verified by Districts.