Culcairn at a glance
1,589
People
$515,000
Median sale
$220/wk
Median rent
2.22%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
NSW › Culcairn › Melville St
$398,000
Last sold
23 Mar 2021
4
Bedrooms
1
Bathrooms
6
Car spaces
1,865 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
$398,000
23 Mar 2021 · derived via latest_sale
Local land rate: recorded House sales in Culcairn (last 5 years) with land size have a median of $324/m² of land (n=42). Districts calculation from recorded sales — not a valuation.
Culcairn at a glance
1,589
People
$515,000
Median sale
$220/wk
Median rent
2.22%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
Vs Culcairn
-22.7%
Median sale
Suburb $515,000
+0.65 pp
Gross yield
Suburb 2.22%
Suburb median $515,000 from 10 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
NSWPlanning 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.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Rental
No advertised rent is recorded. Suburb median rent $220/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. 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.
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
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
UnknownNSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
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
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Nearby
Area
Culcairn at a glance
1,589
People
$515,000
Median sale
$220/wk
Median rent
2.22%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Leading Property GroupBuilt in the late 1800's this period home is rumoured to be the oldest home in Culcairn!
This large home is full of character and retains many of its original features including polished floor boards, two working fireplaces and a large bullnose verandah.
Walking through the front door, you will feel right at home with four generous sized bedrooms off the hallway at the front of the house, complete with pressed metal and high ceilings, ducted air conditioning throughout and two bedrooms with working fireplaces.
The tiled and open layout living/dining area features original brick walls, handcrafted and bespoke timber ceilings and cabinets, completed with a gas log fire for added ambiance. The kitchen features new laminate bench tops, handcrafted and bespoke timber cupboards, dishwasher and new four burner gas stove top. The original hearth in the kitchen has been converted to an industrial overhead exhaust. Storage space will never be an issue! There is also an abundance of power points throughout for added convenience.
The combined bathroom/laundry features handcrafted linen cupboards, shower bath with marble tiling and separate toilet.
In the backyard you will find large established gardens designed by a horticulturalist and full of rare plants, a serene fish pond, side lane access and an oversized shed. With room for three cars or perfect for a double lock up garage, workshop and man cave this is a winner! The double garage has a remote control roller door, separate and lockable workshop area and entry into a second garage space complete with another remote control roller door and fireplace for added warmth. On the roof of the garage you will find 39 solar panels with a 10kW inverter unit.
Situated on an almost half an acre block (1866m2) and only a 30 minutes drive to Albury, this property is a rare find and it is ready to be yours!
* AGENTS INTEREST *
Listing description written by Lucinda Morgan, Leading Property Group — reproduced as published, not verified by Districts.