Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

NSW › Annandale › Wells St

60 Wells St, Annandale NSW 2038

Terrace

$3,250,000

Last sold

31 Mar 2026

3

Bedrooms

2

Bathrooms

0

Car spaces

169 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 $3,250,000 (31 Mar 2026).(Recorded sale)
  • FactLand 169 m²; no building size recorded.(Property record)

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

$3,250,000

31 Mar 2026 · derived via latest_sale

Annandale at a glance

10,028

People

$2,320,000

Median sale

$799/wk

Median rent

1.79%

Suburb gross yield

Median sale from 57 recorded sales (last 12 months) — a Districts calculation.

See the full Annandale report →

Vs Annandale

+40.1%

Median sale

Suburb $2,320,000

-0.51 pp

Gross yield

Suburb 1.79%

Suburb median $2,320,000 from 57 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$3,250,00031 Mar 2026
  2. Listedprice unknowncompleted1 Jan 2001

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

Capital growth

NSW

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.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $799/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.

What competition will it face?

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.

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. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

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

    NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

  • 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

    NSW Valuer General land values are not loaded for this property yet.

  • Net yield / holding costs

    Unknown

    NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Area

Annandale in one glance

Annandale at a glance

10,028

People

$2,320,000

Median sale

$799/wk

Median rent

1.79%

Suburb gross yield

Median sale from 57 recorded sales (last 12 months) — a Districts calculation.

See the full Annandale report →

Keep researching

  • Why Annandale? Read the area thesis →
  • What else is on the market in Annandale →
  • Other records on Wells St →

Listing material

Listed by Belle Property Annandale

Restored Victorian Elegance at Luise's Terrace

As featured in Belle Magazine (April 2025), a finalist for the Belle Fanuli Emerging Designer Award (October 2024) and commended by The Local Project at The (Emerging) Designer Awards for Interior Design (October 2024), this rare freestanding Victorian terrace c1890s has undergone a three-year restoration and enhancement, resulting in a residence which combines heritage craftsmanship with modern functionality.

Meticulously curated by owner and interior designer Jaime Bligh, director of Sydney-based Care Of Studio, the transformation was guided by a dedication to preserving the home's original layout and honouring the legacy of its former owner of more than half a century - reflected in the name 'Luise' now gracing the facade.

Natural materials are woven throughout, including mixed metal and timber details, stone and hardwood floors, all selected for their enduring texture and character. Vintage and antique components are paired with hidden design innovations, such as a perforated brass window seat with embedded heating and cooling in the main living area. Every fixture and finish has been individually sourced, creating a warm and cohesive atmosphere in which each room is distinct yet harmoniously connected, while a north-facing courtyard garden creates a seamless extension of the interior.

Read the full description

Unmatched in its refinement and sophistication, this remarkable property is unlike anything else available in the area - impossible to replicate and in a highly desirable position less than 150m from Annandale's village heart on Booth Street.

- High ceilings with intricate plasterwork, original hardwood floors and new custom timber doors with brass hardware

- Restored traditional front living/dining areas feature Norwegian Rose and herringbone terracotta fireplaces

- Galley-style kitchen blends Calacatta Viola marble with oak veneer cabinets, handmade terracotta flooring and integrated appliances

- Lace balcony off the main bedroom captures spectacular views of the city skyline with Harbour Bridge cameo

- Two additional bedrooms and a versatile family room with bi-fold doors opening to a landscaped north-facing courtyard

- Custom built-in robes, clever storage and considered lighting choices add functionality, ambience and sophistication

- New combined bathroom/laundry on ground floor plus luxurious upstairs bathroom including bath and rain shower

- Moments from Booth Street shops, cafes and dining options; just 300m to city buses at Johnston Street

- 450m to St Brendan's Catholic Primary School; zoned for Annandale Public and Sydney Secondary College

- Within 1.5km of the Rozelle Bay light rail, Glebe Foreshore Parks and the popular Tramsheds precinct

Listing description written by Simone Azzi, Belle Property Annandale — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Floorboards
  • Fully Fenced
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.