Lightning Ridge at a glance
1,986
People
No data
Median sale
$238/wk
Median rent
No data
Suburb gross yield
NSW › Lightning Ridge › Opal St
$440,000
Last sold
15 Oct 2022
5
Bedrooms
2
Bathrooms
2
Car spaces
1,037 m²
Land
184 m²
Building
Districts View
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
$440,000
15 Oct 2022 · derived via latest_sale
Local land rate: recorded House sales in Lightning Ridge (last 5 years) with land size have a median of $247/m² of land (n=4). 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
UnknownArea
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 For Sale By Owner NSWThe Phone Code for this property is: 25722. Please quote this number when phoning or texting.
The homes on this property have been fully renovated and will be sold fully furnished - walk-in, walk-out.
The 2-bedroom cottage has been specifically renovated and set up as a comfortable, well-equipped BnB. All appliances are new and included. It has a brand-new kitchen, renovated bathroom with walk-in shower, plus laundry with new front loader washing machine plus beautiful bedrooms, 1 x QS and 1 x twin. Comfy separate lounge seats 4 with TV and DVD collection plus a dining table in the central area with games library. R/C A/C in lounge plus A/C in QS bedroom. Ceiling fans in both bedrooms plus lounge & dining rooms. Hard floors throughout (no carpet) make for easy cleaning. Quality art work on walls - by Artist Christa Kieffer
The 3-bedroom house also has been fully renovated over the last 5 years. Completely new kitchen and bathroom/laundry (new front loader washing machine). 2 x QS bedrooms plus a single bedroom (or bunk bed) or an office as it is set up for now.
3 new R/C air conditioners - in lounge and both QS bedrooms. Ceiling fans in single bedroom, both QS bedrooms and dining room. Again, hard floors throughout (no carpet) make for easy cleaning. House has a front entrance foyer - which could be used as an office or shop front if 3rd bedroom is needed. It has a rear entrance "mud room" and a Man Cave or work room or store room at the back of the house. Both houses have their own separate carport.
Front house has 6.5 PV solar system. AGL bills May 2021 $188.20, Feb 2021 $192.79, Nov 2020 $152.56, Aug 2020 $269.94 & May 2020 $174.81.
Each house has its own septic tank and both have just been cleaned so you are right for at least 5 years. Yard has 6 termite traps so whole property is fully protected.
The gardens have been established with a focus on edibles and RWT's hold 27,000lt. All are full. Additionally, there is a shed and a pet enclosure with secure yard - first housed a rescued roo and later 2 chooks. PLUS there is a gazebo for outdoor relaxation in the back yard. Block size is 1,037sqm.
So, if you are not a local, and are looking for a move away from city living, this may be just right for you. Lightning Ridge is a quirky little NSW outback town, famous for its beautiful Black Opal - and therapeutic mineral Bore Baths. The area feels like it is growing - things are happening here. This year the $33m Australian Opal Centre will finally start to be built. It's a tourist town from Easter to about Nov due to our wonderfully mild winters. When it gets hot in summer, the tourists don't come and things wind down but you will be comfortable in your new home with its efficient cooling and any guests you do have will be comfortable in the cottage.
If you have any trade or a home-based business, you will definitely be able to build a good business and lifestyle here - with the Airbnb as a second income.
NOTE 1 - From 25th July 2022, the property was made available again on Airbnb and management is by a local lady so new owners will have a ready made business for both houses - or live in one and just continue letting the other - or your choice of how you use the property.
NOTE 2 - Floor plans were done before renovations completed but photos show bath replaced with walk-in shower in Cottage and all A/C placements in both houses
Inspection will be by appointment only
Disclaimer:
Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.
Listing description written by For Sale By Owner (NSW), For Sale By Owner NSW — reproduced as published, not verified by Districts.
NSW 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.