West Kempsey at a glance
5,160
People
$500,000
Median sale
$472/wk
Median rent
4.91%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
NSW › West Kempsey › Tozer St
13
Bedrooms
12
Bathrooms
0
Car spaces
3,167.65 m²
Land
Districts View
View not ready — official layers are still retrieving for this property. Official planning layers still retrieving. Flood / bushfire / heritage not yet retrieved. No recorded sale price for this property. Districts does not score a property it cannot yet see.
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
No recorded sale price for this property yet.
West Kempsey at a glance
5,160
People
$500,000
Median sale
$472/wk
Median rent
4.91%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
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 $472/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
West Kempsey at a glance
5,160
People
$500,000
Median sale
$472/wk
Median rent
4.91%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Stone Real Estate KempseyWell located in popular West Kempsey within a gentle walk to main street shopping of West Kempsey is a great opportunity to invest in the unit complex formally known as "Judith Evil Complex" and now "Gateway Apartments".
On offer are 10x 1-Bedroom units and 1x 3-Bedroom unit. All single-level units with separate bedrooms including built-in robes, a well-equipped kitchen, combined dining/living areas, and separate bathroom and laundry. Parking is available on Tozer Street, however with the proximity to local shopping and on the bus route, a car is not necessary here.
All 10 of the 1-Bedroom units are currently tenanted ranging from $200 - $210 per week. However, as the current owners are a community organisation and offer disability and aged care services, rents have been kept low. We believe a fair market rent would be $270 - $290 per week with the 3-Bedroom unit able to achieve $320 - $350 per week. The increased demand for rental properties and low vacancy rates in the area offer an excellent investment for the astute investor.
Features include:
- Combined land area of 3,167.6sqm approx.
- Units feature, built-in robes, vertical blinds, good-sized living areas, separate bathroom, and laundry
- Fully fenced complex, 3-Bedroom unit having its own fenced yard
- Dual road access on Tozer Street and Hudsons Lane
- Within walking distance to West Kempsey Shopping approx. 500m
Combine all this with an easy-to-maintain yard and solid brick construction these units are an extremely rare opportunity and a great addition to your Superfund or investment portfolio and a wonderful chance to secure a rewarding long-term investment.
The property is being offered to the market by Expressions of Interest, closing Friday, 2 September 2022 at 2pm. Please contact us for a copy of the Information Memorandum and Expression of Interest Form.
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 enquiries.
Listing description written by Carlos Peters, Stone Real Estate Kempsey — reproduced as published, not verified by Districts.