Lightning Ridge at a glance
1,986
People
No data
Median sale
$238/wk
Median rent
No data
Suburb gross yield
NSW › Lightning Ridge › Morilla St
5
Bedrooms
4
Bathrooms
2
Car spaces
1,011 m²
Land
1,011 m²
Building
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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Lightning Ridge (last 5 years) with land size have a median of $349/m² of land (n=5). Districts calculation from recorded sales — not a valuation.
Lightning Ridge at a glance
1,986
People
No data
Median sale
$238/wk
Median rent
No data
Suburb gross yield
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 $238/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
Lightning Ridge at a glance
1,986
People
No data
Median sale
$238/wk
Median rent
No data
Suburb gross yield
Listing material
Listed by SaleByHomeOwner.com.auThe phone enquiry code for this property is - 1974
58 MORILLA
Dual Occupancy Property
3 Bedroom + 1 Office Dwelling
2 Bedroom Dwelling
A clean and well maintained property.
Ideally suited for an owner occupier or investor.
The possibilities are endless - live in one and rent the other out to a tenant or Airbnb. Also suitable for a big family as it would be 5-6 bedrooms and 4 bathrooms in total. The prospect of two seperate rentals are also an excellent proposition for any investor. Currently, yielding a high rental return.
This property is located in Morilla Street, the main street of Lightning Ridge and a two minute walk to the Post Office and shops, 5 minute walk to the school and the Bowling Club. The two homes are built to give privacy between the two dwellings, but share a dual access driveway.
The front house boasts 3 very large bedrooms and a smaller room which acts as a office or extra bedroom. There is an exterior entry door in to the office. There are also exterior entry doors into the lounge area, the dining area, the laundry, and the main bedroom. An L shaped house with a very large verandah for entertaining, this house is incredibly versatile for family or any business needs. There is a wet room ensuite plus main bathroom, and a laundry room. The house has evaporative cooling and the system was updated in 2024.
The other house is lovely with lots of light. It has a court yard area and a cutting room that can be changed to another storage room. The evaporate system was updated in 2024.
This property has had annual pest control inspections and spraying a since 2015. The property and dwellings are white ant free and with no damage.
The property boasts an extra building between the two dwellings which is utilised as an extra laundry and extra toilet and shower in case you want to clean off the opal dirt before entering the house. This out building can also be revamped into storage. Two other sheds are on the property being a large garden shed with concrete floor and steel shelving, and a small garden shed.
There is a very large double car port but plenty of room to expand with extra sheds and garages if you want to invest long term.
Council Approved. Seperate Water & Sewerage & Waste Service. Seperate Power meters. 1011 SQM
All enquiries are welcome.
Property Code: 861
Listing description written by Sale By Home Owner, SaleByHomeOwner.com.au — reproduced as published, not verified by Districts.