Murwillumbah at a glance
7,577
People
$967,500
Median sale
$643/wk
Median rent
3.46%
Suburb gross yield
Median sale from 78 recorded sales (last 12 months) — a Districts calculation.
NSW › Murwillumbah › Riverview St
$638,000
Last sold
30 Aug 2024
0
Bedrooms
0
Bathrooms
0
Car spaces
648 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
$638,000
30 Aug 2024 · derived via latest_sale
Local land rate: recorded Land sales in Murwillumbah (last 5 years) with land size have a median of $442/m² of land (n=4). Districts calculation from recorded sales — not a valuation.
Murwillumbah at a glance
7,577
People
$967,500
Median sale
$643/wk
Median rent
3.46%
Suburb gross yield
Median sale from 78 recorded sales (last 12 months) — a Districts calculation.
Vs Murwillumbah
-34.1%
Median sale
Suburb $967,500
+1.78 pp
Gross yield
Suburb 3.46%
Suburb median $967,500 from 78 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 $643/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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
Murwillumbah at a glance
7,577
People
$967,500
Median sale
$643/wk
Median rent
3.46%
Suburb gross yield
Median sale from 78 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by First National Real Estate MurwillumbahSOLD PRIOR TO AUCTION
Attention Developers, builders and/or hands on investors willing to get their hands dirty to Build two houses!
This exceptional real estate offering is a rare find in today's market. Situated in a prime location, just a short 10-minute walk from the local shopping centre, this property promises convenience and high demand.
Key Features:
• Centrally Located: Ideal for both residents and potential renters.
• Ready to Build: All services are in place, including water, power, sewer, and NBN. The slabs are already down, saving you time and money.
• Development Approval (DA) in Place: Approved for the construction of 2 detached homes, each featuring 3 bedrooms, 2 bathrooms, and 2 car spaces.
• Contributions Paid and Construction Certificate (CC) Issued: All contributions have been paid, and the CC has been issued, allowing immediate commencement of construction.
Proximity to Key Amenities:
• Healthcare: Approximately 25 minutes to the brand new, state-of-the-art Tweed Valley Hospital, opened in May 2024, and less than 5 minutes to Murwillumbah Hospital.
• Transport: A convenient 33-minute drive to the Gold Coast Airport, providing excellent connectivity.
• Education and Recreation: A primary school and park are within 50 metres, making it ideal for families.
Investment Highlights:
• High Rental Yield: The location and amenities make this an attractive option for tenants.
• High Buyer Demand: The central location ensures sustained demand from buyers.
• Potential Growth: The area shows strong potential for capital growth.
• Dual Access: Easy access from Riverview St and Nullum Lane adds to the convenience.
• Flood Free: The property is on flood-free land, ensuring safety and peace of mind.
Possibilities:
• Sell them both
• Rent them both, or better yet
• Live in one and rent the second to help with mortgage repayments
• You could even go halves with a friend, build them and each get one
Don't miss out on this unique opportunity to invest in a high-demand area with significant growth potential.
Contact us today to learn more and secure this prime development site.
For more information, call Scott Reading 0401938937
Disclaimer:
All information (including but not limited to the property area, floor size, price, address and general property description) is provided as a convenience to you, and has been provided to First National Real Estate Murwillumbah by third parties.
Information should not be relied upon and you should make your own enquiries and seek legal advice in respect to all information about the property contained in this advertisement.
Listing description written by Scott Reading, First National Real Estate Murwillumbah — reproduced as published, not verified by Districts.