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NSW › Clarence Town › Redgum Dr

37 Redgum Dr, Clarence Town NSW 2321

House

$1,050,000

Last sold

7 May 2024

3

Bedrooms

3

Bathrooms

2

Car spaces

14,163.997 m²

Land

153 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $1,050,000 (7 May 2024).(Recorded sale)
  • CalculationLand 14,164 m² against a 153 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Clarence Town (last 5 years) with land size: median $379/m² of land (n=46). 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

$1,050,000

7 May 2024 · derived via latest_sale

Local land rate: recorded House sales in Clarence Town (last 5 years) with land size have a median of $379/m² of land (n=46). Districts calculation from recorded sales — not a valuation.

Clarence Town at a glance

2,350

People

$982,500

Median sale

$539/wk

Median rent

2.85%

Suburb gross yield

Median sale from 28 recorded sales (last 12 months) — a Districts calculation.

See the full Clarence Town report →

Vs Clarence Town

+6.9%

Median sale

Suburb $982,500

-0.18 pp

Gross yield

Suburb 2.85%

Suburb median $982,500 from 28 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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. Sold$1,050,0007 May 2024
  2. Listedprice unknowncompleted28 Mar 2024

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 $539/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

Clarence Town in one glance

Clarence Town at a glance

2,350

People

$982,500

Median sale

$539/wk

Median rent

2.85%

Suburb gross yield

Median sale from 28 recorded sales (last 12 months) — a Districts calculation.

See the full Clarence Town report →

Keep researching

  • Why Clarence Town? Read the area thesis →
  • What else is on the market in Clarence Town →
  • Other records on Redgum Dr →

Listing material

Listed by Harcourts Hunter Valley

Perfect For Small Families & Couples!

Located in a quiet cul de sac, this small acreage was built in 2018 with small families in mind. The brick home features 3 bedrooms & 2 bathrooms on 3.5 Acres.

The home highlights an open plan layout with appealing greenery showcasing from every window! The flowing living, dining and kitchen is complemented by a slow combustion woodfire, timber vinyl floors & reverse cycle air-conditioning.

The home is the perfect size, not to big, not to small and has the benefit of indoor/outdoor dining with the covered alfresco area that slides open to both dining & living areas.

Read the full description

The kitchen has been beautifully designed with 40mm stone waterfall bench tops along with a stunning window splashback providing a lovely rural outlook. Enjoy cooking and taking in the surrounding bird or wildlife. The kitchen also features an electric cooktop & oven, dishwasher & butler's pantry.

The master bedroom has an ensuite, walk in robe while all remaining bedrooms feature built in robes and carpet throughout. The main bathroom is spacious in size, central to bedroom 2 & 3, and is completed with a separate shower, deep soak bath & vanity.

For those who want to work from home or study there is an additional study nook. Whilst the current owner is taking the starlink with them, you can choose your provider or set up starlink which is the best in the area. The block has mains power and a Telstra line.

Externally the property is yours to set up the grounds how you want to. As a blank canvas, put in a paddock or 2, grow veggies, fruit trees or simply enjoy the space.

As there has been a horse on the property there is a stable and shelter ready for those who wish to have a horse. There is a dam onsite which would benefit from a clean out but otherwise ideal for pumping ground use. The property also features a 100,000L Pioneer water tank.

The shed which was occupied while the home was being built is 7.5m x 7.9m double garage with an additional 5.6m x 3.5m area which was used as a living area along with a shower and toilet. The shed has a mezzanine level, & bottled gas connected.

This property is fenced, has a septic environcycle, mains power & tank water

The property is located only minutes from Clarence Towns shopping viliage, Williams River Boat Ramp, Local Pub & Bowling Club as well as the Medical centre, local Preschool & Public School.

Council rates are approx.. $2398 annually and the estimated rental return is $600 - 650 per week

If you are looking for an affordable acreage where you can plan the use of the land to suit your lifestyle, then this property is not one to miss viewing.

* This information has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies. Accordingly, all interested parties should make their own enquiries to verify the information.*

Listing description written by Lisa Coburn, Harcourts Hunter Valley — 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.