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NSW › Bathurst › George St

219-221 George St, Bathurst NSW 2795

For saleBlock of Units

$1,950,000–$2,100,000

For sale

Asking range

7

Bedrooms

6

Bathrooms

1

Car spaces

468 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,950,000–$2,100,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,950,000–$2,100,000(Listing record · 11 Sept 2024)
  • FactLand 468 m²; no building size recorded.(Property record)
  • CalculationAsk is 175% above the Bathurst median recorded sale ($710,000, n=90, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Bathurst's advertised median rent ($488/wk), implied gross yield would be 1.30% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$1,950,000–$2,100,000

Asking range · $4,167/m² of land

No recorded sale for this property.

Bathurst at a glance

6,842

People

$710,000

Median sale

$488/wk

Median rent

3.57%

Suburb gross yield

Median sale from 90 recorded sales (last 12 months) — a Districts calculation.

See the full Bathurst report →

Vs Bathurst

+174.6%

Median sale

Suburb $710,000

-2.27 pp

Gross yield

Suburb 3.57%

Suburb median $710,000 from 90 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$1,950,000
Stamp Duty (New South Wales)
$89,262
Transfer/Registration Fee
$167
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$2,043,129

$93,129 on top of the price (4.8% extra)

  • Stamp Duty (New South Wales)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: New South Wales schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Bathurst's advertised median rent — not a rent for this listing.

Net yield
-0.20%
Annual cashflow (pre-tax)
$-105,274
Interest cover (DSCR)
-0.04
Annual rent
$25,376
Operating expenses
$29,250
Loan amount
$1,560,000
Annual interest
$101,400
Gross yield
1.30%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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 retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$1,950,000–$2,100,000available11 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?

Planning 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.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” 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 $488/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

Gross yield if leased at the suburb aggregate is 1.3%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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

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.”

Read more

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

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.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • 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?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). 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

    Development applications have not been queried 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

Bathurst in one glance

Bathurst at a glance

6,842

People

$710,000

Median sale

$488/wk

Median rent

3.57%

Suburb gross yield

Median sale from 90 recorded sales (last 12 months) — a Districts calculation.

See the full Bathurst report →

Keep researching

  • Why Bathurst? Read the area thesis →
  • What else is on the market in Bathurst →
  • Other records on George St →

Listing material

Listed by Raine & Horne Bathurst

RARE MULTI-DWELLING INVESTMENT IN CBD LOCATION

Positioned in the heart of Bathurst's thriving CBD, "LA MAISON rue george" presents a rare commercial-grade investment opportunity with proven income and outstanding potential for short-term accommodation. Comprising four fully self-contained and fully furnished residences within one beautifully restored Victorian property, this unique offering provides multiple income streams with the capacity to achieve a minimum 5% return and estimated profits exceeding $8,000 per month when operated as premium short-stay accommodation.

Originally built in 1876 and thoughtfully restored, the property blends historic charm with modern comfort, featuring original cedar joinery, pressed metal detailing, lead-light windows and elegant period features throughout. Its flexible layout, prime CBD location and existing multi-dwelling configuration make it ideally suited to investors seeking a high-yield asset, boutique accommodation venture or blue-chip addition to their portfolio.

Offering immediate rental income with current tenancies in place, along with exceptional future upside as short-term accommodation, LA MAISON rue george is a standout opportunity in one of Bathurst's most tightly held central locations.

Read the full description

Townhouse 219 George St features include but are not limited to:

• Modern kitchen with stainless steel appliances and ample storage

• Spacious separate living and dining rooms

• Three (3) generously sized bedrooms (one with a built-in wardrobe)

• Spacious bathroom plus a separate PWDR room

• Split system heating and air conditioning plus gas and wood fireplaces

• High ceilings, pressed tin panels, timber floorboards

• Rear deck entertaining area plus a verandah out the front

• Low-maintenance, enclosed yard with an external WC and laundry

• Currently tenanted until Feb 2027 at $650 per week

Townhouse 221 George St features include but are not limited to:

• Eat-in kitchen with stainless steel appliances and ample storage

• Spacious separate living room adjoining the kitchen

• Two (2) generously sized bedrooms

• Combined bathroom and laundry plus a separate PWDR room

• Split system heating and air conditioning plus wood fireplaces

• High ceilings, pressed tin panels, timber floorboards and lead-light windows

• Rear deck entertaining area plus a verandah out the front

• Currently tenanted until August 2026 at $580 per week

Apartment 221A George St features include but are not limited to:

• Open-plan kitchen and dining area plus a separate living room and downstairs foyer

• Functional kitchen with stainless steel appliances, breakfast-bar and ample storage

• Semi-enclosed balcony entertaining area with seamless indoor/outdoor access

• Generously sized bedroom (1) with a walk-in robe and an ensuite

• Combined bathroom and laundry with shower, sink, and toilet

• Split system heating and air conditioning plus a slow-combustion wood fireplace

• High ceilings with decorative pressed tin

• Currently tenanted until April 2026 at $420 per week

Apartment 221B George St features include but are not limited to:

• Modern eat-in kitchen with stainless steel appliances and a walk-in pantry

• Spacious separate living room

• Generously sized bedroom (1)

• Functional bathroom with a freestanding claw foot bath, vanity and toilet

• Gas log fireplace

• High ceilings and polished timber floorboards

• Rental potential of $415 per week

Further features include but are not limited to:

• Rear lane access off Keppel Street to the single bay shed with power

• Walking distance to both primary and secondary schools

• Short walk to local parks, restaurants, pubs/clubs and shopping centres

Local Council Rates are $3,810.00 pa.

Listing description written by Grant Maskill-Dowton, Raine & Horne Bathurst — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Deck
  • Dishwasher
  • Ensuites: 1
  • Floorboards
  • Fully Fenced
  • Gas Heating
  • Outdoor Entertaining
  • Secure Parking
  • Toilets: 9
  • Workshop
Districts

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.