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NSW › Macksville › Wallace St

220 Wallace St, Macksville NSW 2447

House

$550,000

Last sold

25 Jan 2024

4

Bedrooms

2

Bathrooms

4

Car spaces

2,364 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $550,000 (25 Jan 2024).(Recorded sale)
  • FactLand 2,364 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Macksville (last 5 years) with land size: median $955/m² of land (n=104). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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. 1No 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

What this lot has actually traded at

Last sold

$550,000

25 Jan 2024 · derived via latest_sale

Local land rate: recorded House sales in Macksville (last 5 years) with land size have a median of $955/m² of land (n=104). Districts calculation from recorded sales — not a valuation.

Macksville at a glance

2,806

People

$710,000

Median sale

$555/wk

Median rent

4.06%

Suburb gross yield

Median sale from 23 recorded sales (last 12 months) — a Districts calculation.

See the full Macksville report →

Vs Macksville

-22.5%

Median sale

Suburb $710,000

+1.19 pp

Gross yield

Suburb 4.06%

Suburb median $710,000 from 23 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data temporarily unavailable

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. Sold$550,00025 Jan 2024
  2. Listedprice unknowncompleted10 Nov 2023
  3. Listedprice unknowncompleted10 Nov 2023

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?

Zoning is not available (source_error). 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 (source_error). 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 $555/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

Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. 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

    Zoning is not available (source_error).

  • 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 (source_error). 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

    No DA adapter returned applications 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

Macksville in one glance

Macksville at a glance

2,806

People

$710,000

Median sale

$555/wk

Median rent

4.06%

Suburb gross yield

Median sale from 23 recorded sales (last 12 months) — a Districts calculation.

See the full Macksville report →

Keep researching

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

Listing material

Listed by Roberts Nambucca Real Estate

Renovators Dream on Sprawling Block...

Renovation ready and rich with potential, this home is proudly elevated over a serene, private, and prime position.

Offering a sprawling 2364m2 parcel ready for your enjoyment, this property overlooks both the pristine Macksville golf course and bowling club greens below, providing an outstanding opportunity for its new owner to demolish, remodel, or create something special. Located in the bustling township of Macksville on the Mid North Coast of NSW enjoying proximity to schooling, supermarkets, clubs, hospital, transport, and freeway, not to mention only minutes from the pretty Nambucca River making this property a great escape, furthermore, it’s a short 15-minute drive to the bright and sandy beaches of Scotts Heads. With opportunities like this not coming up often, consider the favorable options of transforming your family’s dream home within a leafy, quiet, and private pocket of seclusion without the neighbours. Here’s your opportunity to start 2024 with a real bang!! With the potential to become your own, the home offers a substantial scale ready for those with a passion to renovate.

Constructed mostly of brick and hardwood floors, the home features four large bedrooms with the option for five, large living and dining areas with a separate east facing sunroom soaked in natural light. Two bathrooms create versatile living, while several patios take advantage of the sun’s position around the home. Additionally, the kitchen promises pleasing size with generous cupboard storage and electric cooking. A generous double garage allows parking for two, supplemented by a further two car tandem garage directly below the sunroom, additionally the property offers excess space for future garaging if required.

Read the full description

Seize this opportunity to transform this house into your dream home in a family friendly environment with the convenience and location to match.

Listing description written by Corey Wong, Roberts Nambucca Real Estate — reproduced as published, not verified by Districts.

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.