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
$295,000
Last sold
24 May 2024
3
Bedrooms
1
Bathrooms
2
Car spaces
630 m²
Land
119 m²
Building
Districts View
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
$295,000
24 May 2024 · 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=91). 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
-18.1%
Median sale
Suburb $360,000
+1.04 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
UnknownArea
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 Orbost & District Real EstateOnly 20mins to Coast and priced to SELL SELL SELL!
Number 255 on popular Nicholson Street is Situated on a generous 630sqm corner block with frontages on both Nicholson and Wilson Streets. This original brick gem offers approximately 11 squares of under-roof living space. The functional layout showcases the character of yesteryear, featuring beautiful hardwood floors, high ceilings adorned with decorative cornices, and classic hardwood windows and sills.
Key Features:
• Corner Block 630sqm with 2 Street Frontages
• Hardwood Flooring & Windows
• 3 Bedrooms - 1 Bathroom
• 2 Living Areas
• Kitchen & Dining space
• 1 Car Garage
Situated on a generous 630sqm corner block with frontages on both Nicholson and Wilson Streets, this historic gem offers approximately 11 squares of under-roof living space. The functional layout showcases the character of yesteryear, featuring beautiful hardwood floors, high ceilings adorned with decorative cornices, and classic hardwood windows and sills.
Step inside to discover a spacious lounge, an open kitchen, and a dining area with direct access to the versatile Sun Room-a perfect second living room or a kids' rumpus room. The three bedrooms provide ample space, with two boasting built-in robes with mirrored doors. The central bathroom, while a tad dated, is fully functional and move-in ready.
Outside, the property is fully fenced, with a small undercover porch at the rear and a single-car garage accessible from Wilson Street, ensuring a quieter entry and exit.
255 Nicholson Street is your ticket into the property market, offering a solid brick-and-mortar house at the price of a cement-sheet home. The current owners acknowledge the need for some cosmetic TLC, presenting a fantastic opportunity for savvy buyers.
Don't let this chance slip through your fingers - avoid the "shoulda, coulda, woulda" scenario so when you drive past and see it looking like a million bucks, make sure it's your million bucks! Contact Luke Oakley with Orbost Real Estate at 0457 600 895 for inspection times or more information. Your dream home awaits!
• WHY INVEST IN ORBOST...
Discover the hidden gem of Orbost, Victoria's haven for those seeking the perfect blend of tranquillity and adventure. Nestled amidst nature's beauty, Orbost offers a unique real estate opportunity with a touch of small-town charm. Imagine waking up to the soothing sounds of nature, surrounded by lush landscapes and the promise of a slower, more fulfilling lifestyle.
What sets Orbost apart is its strategic location, which provides easy access to both the coastal serenity of Marlo, only a 10-minute drive, and the vibrant energy of Lakes Entrance, approximately 35 minutes away. Embrace the coastal living experience in Marlo, just a stone's throw away, where the Mighty Snowy River meets the ocean in a picturesque dance, providing some of the best waterways and fishing Victoria has on offer. Alternatively, indulge in the dynamic atmosphere of Lakes Entrance, a bustling hub of activity and entertainment.
Investing in Orbost means investing in a lifestyle that seamlessly blends the tranquillity of nature with the convenience of nearby amenities. Whether you're drawn to the peaceful riverside in Marlo or the lively coastal scene in Lakes Entrance, Orbost offers a unique opportunity to create a home in the heart of Victoria's natural beauty. Welcome to a real estate opportunity that's more than just a transaction-it's a promise of a life well-lived.
Listing description written by Luke Oakley, Orbost & District Real Estate — reproduced as published, not verified by Districts.
Victoria 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.