South Kempsey at a glance
2,719
People
$395,000
Median sale
$439/wk
Median rent
5.78%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
NSW › South Kempsey › Nicholson St
$346,000
Last sold
28 Mar 2024
3
Bedrooms
2
Bathrooms
1
Car spaces
917 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
$346,000
28 Mar 2024 · derived via latest_sale
Local land rate: recorded House sales in South Kempsey (last 5 years) with land size have a median of $481/m² of land (n=33). Districts calculation from recorded sales — not a valuation.
South Kempsey at a glance
2,719
People
$395,000
Median sale
$439/wk
Median rent
5.78%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
Vs South Kempsey
-12.4%
Median sale
Suburb $395,000
+0.82 pp
Gross yield
Suburb 5.78%
Suburb median $395,000 from 21 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 $439/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.
Area
South Kempsey at a glance
2,719
People
$395,000
Median sale
$439/wk
Median rent
5.78%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Stone Real Estate KempseyDiscover the true essence of this property beyond its initial impression. The exterior boasts a timeless charm with its adaptable, brick design that harmoniously blends with its surroundings.
Step into a versatile living space that caters to your modern lifestyle. The layout encompasses both upstairs and downstairs living areas, accommodating the needs of a growing family or the comfort of having a teenager or in-law under your roof.
The upper level presents two well-appointed bedrooms, each equipped with built-in closets, ceiling fans, and a thoughtfully designed bathroom. The kitchen with a breakfast bar flows seamlessly into the spacious, L-shaped lounge area, offering access to a serene front balcony - an ideal spot to relish your morning coffee or unwind with an afternoon beverage.
On the lower level, an open-concept lounge area featuring a convenient kitchenette sets the stage for relaxed gatherings. An ensuite bedroom complete with plush carpeting ensures privacy and comfort. The practicality extends to a single garage with workshop space. while the expansive yard invites a world of possibilities for family activities.
Imagine the potential of additional shedding and the option to add a pool (subject to council approval), enhancing your outdoor oasis. The generous 916m2 block not only accommodates these dreams but also enjoys a prime location, where children can easily walk to school.
Currently achieving a rental income of $420 per week, this property stands as a promising investment opportunity. Embrace the allure of this residence that offers both immediate rewards and long-term potential.
Call Josh today on 0448 637 509 for more information or to arrange an inspection!
DISCLAIMER: All information contained herein is gathered from sources we believe to be reliable we cannot however guarantee its accuracy and interested parties should make and rely on their own enquires.
Listing description written by Josh Wicks, Stone Real Estate Kempsey — reproduced as published, not verified by Districts.
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