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NSW › Portland › Purchas St

24 Purchas St, Portland NSW 2847

House

$435,000

Last sold

19 Apr 2024

3

Bedrooms

1

Bathrooms

2

Car spaces

1,012 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 $435,000 (19 Apr 2024).(Recorded sale)
  • FactLand 1,012 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Portland (last 5 years) with land size: median $486/m² of land (n=45). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned Low Density Residential (R2) under the Lithgow Local Environmental Plan 2014.(NSW ePlanning Spatial Viewer · 1 Sept 2026)

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?

No verification items generated for this record.

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

$435,000

19 Apr 2024 · derived via latest_sale

Local land rate: recorded House sales in Portland (last 5 years) with land size have a median of $486/m² of land (n=45). Districts calculation from recorded sales — not a valuation.

Portland at a glance

2,443

People

$535,000

Median sale

$407/wk

Median rent

3.96%

Suburb gross yield

Median sale from 7 recorded sales (last 12 months) — a Districts calculation.

See the full Portland report →

Vs Portland

-18.7%

Median sale

Suburb $535,000

+0.91 pp

Gross yield

Suburb 3.96%

Suburb median $535,000 from 7 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

Lithgow Local Environmental Plan 2014

Zone

Low Density Residential

R2

Jurisdiction

Lithgow

Lithgow, NSW

Planning overlays

  • heightNot detected
  • heritageNot detected

Development activity

Data unavailable

Source

  • Provider: NSW ePlanning Spatial Viewer
  • Dataset: Planning Portal Principal Planning — Land Zoning Map
  • Retrieved: 1 Sept 2026
  • Version: 1
  • Parcel: 101534220

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 detected — official

The official layer was queried and no heritage listed area was detected on this parcel (NSW ePlanning Spatial Viewer, retrieved 1 Sept 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.

Records

Property history

  1. Sold$435,00019 Apr 2024
  2. Listedprice unknowncompleted10 May 2023
  3. Listedprice unknowncompleted10 May 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?

Confidence: medium

Zoned Low Density Residential · R2 (Lithgow Local Environmental Plan 2014). Official parcel area about 1,080 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. If the dual occupancy pathway survives a planner’s check, this lot can outperform a same-suburb house that is hold-as-is only. That is not a forecast. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. 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 $407/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

This looks more compelling as a land / capital-growth play than a pure yield play — if the dual occupancy pathway survives a planner’s check.

Detail

Zoned Low Density Residential · R2 (Lithgow Local Environmental Plan 2014). Official parcel area about 1,080 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.

Read more

Achieved rent for this address has not been inferred. Gross yield on advertising copy is not the deal.

Nearby DA pipeline is unknown, so neighbourhood change is not in this verdict.

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.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned Low Density Residential · R2 (Lithgow Local Environmental Plan 2014). Official parcel area about 1,080 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.

  • 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?

    Knownmedium

    Official parcel about 1,080 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. 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

Portland in one glance

Portland at a glance

2,443

People

$535,000

Median sale

$407/wk

Median rent

3.96%

Suburb gross yield

Median sale from 7 recorded sales (last 12 months) — a Districts calculation.

See the full Portland report →

Keep researching

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

Listing material

Listed by Hartley Realty & Lifestyle

Country Charm with Endless Potential

Located in popular East Portland and set on a private street at the edge of town, this charming weatherboard cottage offers views of the surrounding mountains, providing a peaceful rural lifestyle, yet is close to all the amenities.

This neat 3 bed, 1 bath home, set on an impressive 1012 square metre block, offers comfortable living, generous outdoor space with undercover entertaining and a tastefully renovated bathroom with loads of potential for future projects.

Conveniently located just 20 minutes from the township of Lithgow, this delightful property makes for the perfect first home or investment.

Read the full description

Features include:

- Comfortable lounge room with gas heating and split system air conditioning

- 3 good sized bedrooms, all with large mirrored built in robes

- Tastefully renovated bathroom with vanity storage and a large bathtub

- Spacious kitchen with elevated dining, ample bench space and gas cook top

- Well-appointed dining room with useful cupboard storage

- Generous internal laundry

- Easy care, secure front yard with charming covered front porch

- Huge fully fenced backyard with covered bbq area, mature trees, storage sheds and plenty of room for the pets

- Large lock up garage/work shop with power and rear lane access

Whether you are looking for a tree change, an investment with rental income or for a home that you can make your mark on, this impressive property ticks all the boxes.

Conveniently located close to schools, shops, train station, Golf Club, ‘The Foundations’, cafes and easy access to two highways, this home is a must to see.

Located approx. 40 minutes from Bathurst and just over 20 mins from Lithgow, enjoy all the advantages of a progressive country town in this growing tourist region. Please contact our office to make an appointment.

From all of us at HR Realtors & Lifestyle Property Specialists, we wish you every success in your search for your new property. If you would like more details on this land or to chat about one of the many other properties available, please call or email us today at (02) 6351 3362; we'd love to talk more.

Disclaimer: HR Realtors & Lifestyle Property Specialists believe that all information contained herein be true & correct to the best of our ability & in no way misleading; however, all interested parties are advised to carry out their own enquiries and relevant searches.

The price of this property is listed in Australian Dollars (AUD) at the beginning of this description, and that should be used as a price guide for this property.

Listing description written by Kristie Trouchet-Nilsson, Hartley Realty & Lifestyle — reproduced as published, not verified by Districts.

Property features

  • Fully Fenced
  • Outdoor Entertaining
  • Shed
  • Toilets: 1
  • 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.