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
$332,500
Last sold
19 May 2023
3
Bedrooms
1
Bathrooms
1
Car spaces
2,457 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
$332,500
19 May 2023 · 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
-7.6%
Median sale
Suburb $360,000
+0.39 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 Coast to Country Real EstateFabulous corner block, nearly two-thirds of an acre in size (2547m2) on two street frontages and backing onto a sporting reserve. This property has an existing three-bedroom home with plenty of room to build a large shed or even to sub-divide into either two or three allotments (STCA). The property may be suitable for rental property, an ideal starter for a first home buyer or even someone downsizing from a farm, that still wants that bit of space around them.
The three-bedroom home has weatherboard cladding with concrete stumps and a high-pitched tin roof. There are timber floorboards throughout the home and a large separate lounge with a solid wood fireplace surrounded by a brick chimney at the front of the home. Two of the three bedrooms have built-in robes. There is a large rustic kitchen at the end of the hallway with timber cabinetry and a freestanding electric stove. An old fireplace in the existing chimney could be replaced with a slow combustion wood fireplace or even a wood stove. The bathroom has a shower over the bath, vanity, timber louvered cupboard and there is a separate toilet and laundry.
Outside the home is sheltered by shrubs and gardens. There is a wire fence in front and the rest of the block has high wooden fences which need a bit of TLC. Situated in the quiet end of town, you only have neighbours on one side of the property. It has been a long-term family home and just needs a new lease of life to bring it back to its former glory.
It's a fifteen-minute walk to the Orbost CBD, where you will find lots of cafes and shops for all your daily needs. There is also the Orbost Regional Hospital, and a variety of schools close by. Orbost is nestled along the mighty Snowy River. It's around a fifteen-minute drive to the coastal town of Marlo for river or beach activities. Take a drive to the popular destination of Lakes Entrance for surf beaches and the Gippsland Lakes or continue onto to Bairnsdale to access all the major supermarkets, large national retailers and industrial products and services.
Please call Richard Ivey on 0401 113 310 or Toni Spires on 0468 947 942 seven days a week for more information.
Listing description written by Richard Ivey, Coast to Country 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.