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NSW › Murrumbateman › Wattle Glen

3 Wattle Glen, Murrumbateman NSW 2582

House

3

Bedrooms

2

Bathrooms

2

Car spaces

20,000 m²

Land

222 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • CalculationLand 20,000 m² against a 222 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Murrumbateman (last 5 years) with land size: median $593/m² of land (n=15). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

No recorded sale price for this property yet.

Local land rate: recorded House sales in Murrumbateman (last 5 years) with land size have a median of $593/m² of land (n=15). Districts calculation from recorded sales — not a valuation.

Murrumbateman at a glance

3,952

People

$1,055,000

Median sale

$860/wk

Median rent

4.24%

Suburb gross yield

Median sale from 8 recorded sales (last 12 months) — a Districts calculation.

See the full Murrumbateman report →

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. Soldprice unknown18 Feb 2023
  2. Listedprice unknowncompleted17 Jan 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?

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 $860/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

Murrumbateman in one glance

Murrumbateman at a glance

3,952

People

$1,055,000

Median sale

$860/wk

Median rent

4.24%

Suburb gross yield

Median sale from 8 recorded sales (last 12 months) — a Districts calculation.

See the full Murrumbateman report →

Keep researching

  • Why Murrumbateman? Read the area thesis →
  • What else is on the market in Murrumbateman →
  • Other records on Wattle Glen →

Listing material

Listed by Ray White Rural Canberra/Yass

Start The New Year With a New Home - Realistic Buyers Guide: $1,150,000

Nestled in the highly sought after and tightly held 'Merryville Park', in Murrumbateman this property is sure to turn heads. Due to already purchasing interstate the owners require a sale to complete the transaction.

The three bedroom, two bathroom home offers an amazing opportunity to live a rural lifestyle, less than 40 minutes from Canberra.

Set on almost two hectares, 3 Wattle Glen is ready to move into as is or renovate for a more modern feel.

Read the full description

Built in 1995, the solid 222m2 brick house is surrounded by a wrap around bullnose verandah and porch. All three bedrooms have built-in wardrobes and there is an office/lounge off the main room, perfect for working from home or entertainment.

The garage has been turned into a rumpus room with a fireplace and storage. There's an open plan country style kitchen, complete with a walk-in pantry, electric oven and cooktop and dishwasher.

The wood fireplaces and Alson radiant heating system keeps the house cosy and warm in winter and ceiling fans help cool it in summer. There's also blinds on every window helping with light and temperature control.

Enjoy sipping locally sourced wine in your cottage garden overlooking the above ground pool. You can also grow your own fruit and vegetables with a well established orchard including mulberry, quince, stone fruit, apple and pear trees and a veggie garden, all maintained with a drip watering system. There's also a chook pen and a large powered shed.

The property has a 120,000-litre rainwater tank as well as community water allocation. There's subdivided paddocks to run stock of your choice.

Murrumbateman's local government region is the third fastest growing area in regional NSW. A new primary school has just been opened in the village, to be opened this year as well as a shopping precinct. The region also features several world class wineries and amazing local produce.

Realistic Buyers Guide: $1,150,000

Recent Nearby Sales:

- 6 Marques Pl = Sold 09/02/2023 for $1,200,000

- 6 Cunningham Cl = Under Offer 08/02/2023 for $1,500,000

- 4 Greig Pl = Sold 23/12/2023 for $1,275,000

Flexible Terms Available:

- The owners are willing to accept a 5% deposit (with 10% at risk)

- Settlement can be chosen by the purchasers with a minimum of 60 Days

- Early occupancy under licence can be arrange after 60 days post Auction

To be offered at auction. Call George Southwell or David Alexander from Ray White Rural Canberra | Yass | Murrumbateman today for more information and to arrange your inspection.

George Southwell

0429 838 345

george.southwell@raywhite.com

David Alexander

0455 777 644

david.alexander@raywhite.com

Ray White Rural Canberra | Yass

151 Comur Street, Yass, NSW

(02) 6226 4400

Listing description written by George Southwell, Ray White Rural Canberra/Yass — 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.