Wellington at a glance
4,345
People
$340,000
Median sale
$450/wk
Median rent
6.88%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
NSW › Wellington › Nancarrow Ln
$255,000
Last sold
27 Mar 2024
3
Bedrooms
1
Bathrooms
1
Car spaces
948 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
$255,000
27 Mar 2024 · derived via latest_sale
Local land rate: recorded House sales in Wellington (last 5 years) with land size have a median of $367/m² of land (n=16). Districts calculation from recorded sales — not a valuation.
Wellington at a glance
4,345
People
$340,000
Median sale
$450/wk
Median rent
6.88%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Vs Wellington
-25.0%
Median sale
Suburb $340,000
+2.30 pp
Gross yield
Suburb 6.88%
Suburb median $340,000 from 11 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 $450/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
Wellington at a glance
4,345
People
$340,000
Median sale
$450/wk
Median rent
6.88%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Raine & Horne WellingtonMasking a spacious interior is this homes petite and charming weatherboard exterior, you could even call it a Wolf in Sheep's clothing.
If you have a budget $260,000 to $275,000 then here is your chance to purchase an all seasons home that offers charm, character & a contemporary flavour, giving you the best of both worlds and is currently tenanted for $290 per week.
The seller has advised that over the years the plumbing and wiring have been updated which are things that you won't see on the surface but are an important consideration in the buying process.
A big advantage of these period homes is how well contemporary decor can further lift the homes appearance without compromising the charm & character from the era.
The floor plan flows very well in this family home with each bedroom being off the entrance hallway (each around 4mtrs x 4mtrs in area) then flowing through to the lounge-room which is approximately 4.5 mtrs x 6 mtrs in area.
Exiting the lounge-room you enter the large dining or family room that is adjacent to the sizable kitchen with its natural gas stove plus a Mayburn wood fire cooker & a sizable pantry nearby.
The bathroom has a bathtub & separate shower recess while the w.c is separate.
High ceilings, polished floorboards accentuate the period character while track lighting & a large French door accentuate the modern feel of this home.
Some photos are marked virtual furniture which are from a previous era and used to show size only.
Set on well established grounds some 948 square metres in area with carport, garage and garden sheds with a side driveway that features an extending gate to allow caravans & wide trailers onto the property.
Here is your perfect opportunity to enter the property market with this affordable investment or first home.
For further details call Gary Francis on 0428 495 830.
* Images reflect properties at the time when the photos were taken or in some cases at an earlier point to accommodate the privacy of the tenant or owner. Seasonal changes & maintenance can affect the current presentation and prospective purchasers are urged to use them as a guide only.
Listing description written by Gary Francis, Raine & Horne Wellington — reproduced as published, not verified by Districts.
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