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VIC › Orbost › Gladstone St

55 Gladstone St, Orbost VIC 3888

House

$330,000

Last sold

22 May 2024

4

Bedrooms

1

Bathrooms

1

Car spaces

612 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 $330,000 (22 May 2024).(Recorded sale)
  • FactLand 612 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

$330,000

22 May 2024 · 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

-8.3%

Median sale

Suburb $360,000

+0.43 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$330,00022 May 2024
  2. Listedprice unknowncompleted29 Dec 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 Gladstone St →

Listing material

Listed by Eview Group

Nest or Invest - 4 bedroom home, close to everything!

When location counts! Welcome to Gladstone Cottage at 55 Gladstone Street Orbost, a charming home that offers comfortable living in a convenient location, only minutes walk to shops, schools and amenities and Orbost Hospital and medical centre. With four bedrooms and a large bathroom, this property is perfect for families or individuals looking for a comfortable home or great long-term rental investment.

The house also features a long carport providing secure parking for your vehicle with access to the backyard to park your trailer or boat. Situated on a fully fenced block of 612 sqm, there is plenty of space kids and pets to play.

In addition to the practical layout, this house boasts a unique and inviting atmosphere and the gas log fireplace (nature plumbed in gas not bottled) and beautiful blackwood wall panelling adds warmth and charm to the living room. Recently renovated, the kitchen is equipped with all essential appliances and ample storage space with a servery window to the living area and there is a split system reverse cycle airconditioner for added comfort. Adjoining the kitchen is the dining area which is perfect for family meals and leads out to a wonderful covered decked area through glass sliding doors. The lounge has access to the entertainment decking as well.

Read the full description

The master bedroom has a sitting nook area or could be enclosed to be used as a walk-in robe. It also has a ceiling fan for the summer months. The 2nd bedroom has a double robe and built-in desk, ideal spot for the tv or computer. The 3rd and 4th bedroom are smaller but a good size for kids or single adult or great has a home office. The home has been repainted inside and outside and there are original baltic timber floor boards throughout the home.

The backyard provides a wonderful outdoor space for relaxation and enjoying nature with a wonderful cottage garden to explore. It's a gardeners delight! There is a bungalow that just needs to be internally lined or keep it as a workshop/studio and there are two garden sheds for all your gardening equipment or extra storage. There is a grassed area for kids to play and plenty of room to entertain family and friends on the long expansive covered deck that runs along the back on the home, perfect to entertain friends and family. Have a barbecue, or simply unwind after a long day, this property has it all.

Additional features are:

- new 15 Panel solar system 6.6kw

- new heat pump hot water system

- recently painted inside and out

- new roof gutters

- pest control barriers

- natural gas plumbed in

- renovated kitchen

- new electric hotplates and oven

- concrete stumps

- new flyscreen door and front door

- electricals have safety certificates

- new drainage

It is a low maintenance property ready for you to move straight in or ready to setup as a rental property for a great investment return (expected rent $380-$400pw)

With close proximity to amenities such as shops, schools, and parks, this property offers convenience and easy access to everything you need. Leave the car at home and take an easy stroll to the local cafes and eateries. Swimming pool, bowls club, hockey/cricket ground, skate park and Seniors Citizens Centre are across the road and Orbost Regional Hospital and Medical Centre are not far away. Take a short stroll to have some lunch or dinner at the Orbost Club.

Orbost is only a 15 kms drive to the coastal town of Marlo and Cape Conran is a little further for surf beaches. And the popular tourist destination of Lakes Entrance and the expansive Gippsland Lakes are approx. 45 mins drive. Orbost

has a temperate climate and is a popular stop over for people travelling from Melbourne to Sydney or Canberra.

Don't miss the opportunity to make this house your home. Contact Teresa on 0429 398730 today to arrange a viewing or for further information.

Listing description written by Teresa Young, Eview Group — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Deck
  • Dishwasher
  • Floorboards
  • Fully Fenced
  • Gas Heating
  • Shed
  • Solar Panels
  • Study
  • Toilets: 1
  • 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.