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NSW › Old Bar › Molong Rd

24 Molong Rd, Old Bar NSW 2430

House

$685,000

Last sold

11 Nov 2024

3

Bedrooms

2

Bathrooms

1

Car spaces

670 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 $685,000 (11 Nov 2024).(Recorded sale)
  • FactLand 670 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Old Bar (last 5 years) with land size: median $1,139/m² of land (n=41). 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. 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

What this lot has actually traded at

Last sold

$685,000

11 Nov 2024 · derived via latest_sale

Local land rate: recorded House sales in Old Bar (last 5 years) with land size have a median of $1,139/m² of land (n=41). Districts calculation from recorded sales — not a valuation.

Old Bar at a glance

5,656

People

$832,500

Median sale

$587/wk

Median rent

3.67%

Suburb gross yield

Median sale from 48 recorded sales (last 12 months) — a Districts calculation.

See the full Old Bar report →

Vs Old Bar

-17.7%

Median sale

Suburb $832,500

+0.79 pp

Gross yield

Suburb 3.67%

Suburb median $832,500 from 48 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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. Sold$685,00011 Nov 2024
  2. Listedprice unknowncompleted5 Sept 2024
  3. Listedprice unknowncompleted5 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 $587/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

    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

Old Bar in one glance

Old Bar at a glance

5,656

People

$832,500

Median sale

$587/wk

Median rent

3.67%

Suburb gross yield

Median sale from 48 recorded sales (last 12 months) — a Districts calculation.

See the full Old Bar report →

Keep researching

  • Why Old Bar? Read the area thesis →
  • What else is on the market in Old Bar →
  • Other records on Molong Rd →

Listing material

Listed by Lauders Real Estate Old Bar

Great Opportunity for First Home Buyers & Investors

Situated on the high side of the street, this home offers a pleasant outlook and is conveniently located to bowling club, supermarket, and surf beaches.

Homes in this highly sought-after area of Old Bar and within this affordable price range are increasingly rare to find, making this property a prime opportunity for first home buyers or savvy investors.

Key Features:

Read the full description

Generous Living Areas with Enclosed Sunroom: The home features spacious living areas, including an enclosed sunroom that can be enjoyed year-round, offering flexibility in how you use the space.

Three Bedrooms with Built-In Wardrobes: Each of the three bedrooms is equipped with built-in wardrobes, providing ample storage space and a clutter-free environment.

Master Bedroom with Ensuite-Style Access: The master bedroom is thoughtfully designed with direct access to the main bathroom, creating an ensuite-style arrangement that offers both privacy and convenience.

Second Shower and Toilet in the Laundry: The laundry includes a second shower and toilet, enhancing the functionality of the home, especially for busy households.

Lounge/Dining Area with Split System Air-Conditioning: The combined lounge and dining area is comfortably cooled with split system air-conditioning, ensuring a pleasant living environment throughout the year.

Generous Rear Yard with an Over-sized Single Car Garage and Drive-Thru Access: The property boasts a generous sized rear yard, ideal for outdoor activities or gardening. The garage includes handy drive-thru access, offering additional convenience for parking or storage.

Solar Power System and Remote Roller Shutters: The home is equipped with a solar system, providing energy efficiency and potential cost savings on your electricity bills.

Quality remote roller shutters at the front of the home for peace of mind, complete privacy and weather protection.

Location and Lifestyle:

Beyond the home's appealing features, it is ideally located close to Old Bar's key amenities. The property is within easy reach of beaches, the bowling club, tennis courts, parks, and more. The convenience of having Coles Supermarket, cafes, a Medical Centre, and other essential services nearby adds to the appeal, making daily living effortless and enjoyable.

With the Old Bar property market being as competitive as it is, opportunities like this are few and far between. This charming home is sure to attract significant interest.

Contact Lauders Real Estate Old Bar on 6553 7700 to arrange your private viewing.

Disclaimer:

Lauders Real Estate Old Bar believes that the information contained is correct. However, no representation or warranties of any nature are given, intended, or implied and you should rely on your own enquires to determine the accuracy of material available.

The information contained has been gathered from the property owners and professional service providers. We cannot verify its accuracy. Prospective purchasers or tenants must rely on their own enquiries.

Please note, the material available is general information only, and is subject to change without notice. The information held within this website should not be relied on as a substitute for legal, financial, real estate, or other expert advice. Lauders Real Estate Old Bar disclaims all liability, responsibility, and negligence for direct and indirect loss or damage suffered by any person arising from the use of information presented or material that arises from it.

Listing description written by Joel Van den Bosch, Lauders Real Estate Old Bar — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Fully Fenced
  • Living Areas: 3
  • Solar Panels
  • Toilets: 2
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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