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VIC › Orbost › Princes Hwy

503 Princes Hwy, Orbost VIC 3888

House

$435,000

Last sold

28 Apr 2023

4

Bedrooms

2

Bathrooms

5

Car spaces

2,700 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $435,000 (28 Apr 2023).(Recorded sale)
  • FactLand 2,700 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Orbost (last 5 years) with land size: median $423/m² of land (n=91). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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

$435,000

28 Apr 2023 · derived via latest_sale

Local land rate: recorded House sales in Orbost (last 5 years) with land size have a median of $423/m² of land (n=91). Districts calculation from recorded sales — not a valuation.

Orbost at a glance

2,167

People

$360,000

Median sale

$325/wk

Median rent

4.69%

Suburb gross yield

Median sale from 39 recorded sales (last 12 months) — a Districts calculation.

See the full Orbost report →

Vs Orbost

+20.8%

Median sale

Suburb $360,000

-0.80 pp

Gross yield

Suburb 4.69%

Suburb median $360,000 from 39 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$435,00028 Apr 2023
  2. Listedprice unknowncompleted2 Mar 2023

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

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.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $325/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. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. 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. Net yield / holding costs are not estimated outside NSW without inventing land tax.

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

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • 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

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Orbost in one glance

Orbost at a glance

2,167

People

$360,000

Median sale

$325/wk

Median rent

4.69%

Suburb gross yield

Median sale from 39 recorded sales (last 12 months) — a Districts calculation.

See the full Orbost report →

Keep researching

  • Why Orbost? Read the area thesis →
  • What else is on the market in Orbost →
  • Other records on Princes Hwy →

Listing material

Listed by Coast to Country Real Estate

Semi-Rural living with fabulous views

Beautiful rural views, surrounded by farmland and only a short drive to the centre of Orbost! Escape to the country but still be a mere five kilometres from town and with the convenience of town water! Buying a lifestyle property or making a “tree change” is a rewarding, life-changing experience. Keeping chickens to get free-range eggs, raising bees for honey, growing your own fruit and vegetables or raising a couple of sheep in your own backyard, can be a reality on this property of around two-thirds of an acre (0.27 hectares).

The living area of the home is an open plan design with a dining area adjoining a renovated, modern kitchen and a spacious lounge. The kitchen would be perfect for the Master Chef in the family with a fabulous Belling 900mm gas stove, u-shaped benches and a step-in pantry. The lounge has a solid wood fireplace and a spit system air-conditioner to keep the home at a comfortable temperature no matter the time of year. There are three generous bedrooms to the Northern end of the main home and a bungalow to the East of the home, which would be ideal as fourth bedroom, teenager's retreat or could also be purposed as a home office. The home has two bathrooms, with the second one combined with a laundry. You can relax on the large timber deck with built in bar, entertain family and friends, have a BBQ and drinks while taking in the rural views and watch the children and pets play close-by in the secure yard.

Additional features include a single carport leading to under home storage, a large shed with workshop, double carport and additional parking area in front of the home. The paddock to the rear of the home could potentially run a couple of sheep to help keep the grass down or even turn this into your very own orchard!

Read the full description

The East Gippsland region offers outstanding natural environment and climate, affordable real estate and opportunity with its location and the evolving food and beverage scene. The coastal town of Marlo is only fifteen kilometres away and this is where the mighty Snowy River meets the sea. It's only a forty-minute drive to the tourist town of Lakes Entrance and around one hours' drive to Bairnsdale, the industrial and business centre of East Gippsland. It is here the V/Line Bus from Orbost connects to the V/line train service to Melbourne. The V/line Bus also connects Orbost to Canberra, with connections to Sydney.

Make your move to the country. If you are looking for a place to make the tree/sea change and bring your ideas and opportunities to life, there's a good chance this is the location to do it! Please click on our Virtual Tour and contact Teresa on 0429 398730 seven days a week to arrange your private inspection.

Listing description written by Teresa Young, Coast to Country Real Estate — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Deck
  • Floorboards
  • Living Areas: 1
  • Shed
  • Toilets: 2
  • Workshop
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.