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NSW › Abermain › Melbourne St

88 Melbourne St, Abermain NSW 2326

House

$590,000

Last sold

22 May 2024

3

Bedrooms

1

Bathrooms

1

Car spaces

569 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 $590,000 (22 May 2024).(Recorded sale)
  • FactLand 569 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Abermain (last 5 years) with land size: median $694/m² of land (n=61). 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

$590,000

22 May 2024 · derived via latest_sale

Local land rate: recorded House sales in Abermain (last 5 years) with land size have a median of $694/m² of land (n=61). Districts calculation from recorded sales — not a valuation.

Abermain at a glance

2,634

People

$770,000

Median sale

$508/wk

Median rent

3.43%

Suburb gross yield

Median sale from 25 recorded sales (last 12 months) — a Districts calculation.

See the full Abermain report →

Vs Abermain

-23.4%

Median sale

Suburb $770,000

+1.05 pp

Gross yield

Suburb 3.43%

Suburb median $770,000 from 25 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$590,00022 May 2024
  2. Listedprice unknowncompleted24 Apr 2024

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 $508/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. 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

Abermain in one glance

Abermain at a glance

2,634

People

$770,000

Median sale

$508/wk

Median rent

3.43%

Suburb gross yield

Median sale from 25 recorded sales (last 12 months) — a Districts calculation.

See the full Abermain report →

Keep researching

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

Listing material

Listed by LJ Hooker Cessnock

Charming Home with Character

Welcome to this beautifully renovated double brick home that combines modern features with 2 spacious outdoor areas, ample storage and 3 large bedrooms. This home offers plenty of space for comfortable living. The interior showcases a decorative fireplace, high ceilings, plantation shutters and timber flooring to main living spaces, adding a touch of charm to the property.

The home boasts an updated eat in kitchen that provides abundant bench space, perfect for the chef of the house, with the added bonus of gas stainless steel appliances, including a dishwasher for added convenience. The separate lounge/living space includes air conditioning comfort, with a single French style door that leads onto the wrap around deck.

All three large bedrooms offer floor to ceiling wardrobes with ceiling fans. The main bedroom includes an air conditioner for year-round comfort. The front two rooms feature external security roller shutters to block out light and sound making them the perfect room for shift workers or families with young children. The modern bathroom offers a separate bath and shower. The laundry is conveniently located from the back deck allowing for easy access to the clothesline.

Read the full description

This property features extensive storage options, with an outdoor storage room, garden shed and attic space accessible from the hallway.

For outdoor entertaining this property offers a wrap-around patio connecting the front door to the lounge room with views over fruit trees and a side yard. At the rear of the property there is a partially enclosed deck that overlooks the fully fenced 569 sqm backyard, perfect for growing families and entertaining guests.

This property is conveniently located 11.4kms to Kurri Kurri CBD, 7.3kms to the Hunter ExpressWay entrance and 8kms to Cessnock CBD, 425metres to Abermain Primary School.

Snapshot of this great property:

- Three large bedrooms with built in robes - main bedroom with air conditioning

- Large renovated eat in kitchen featuring gas stainless steel appliances and dishwasher

- Plantation shutters throughout and block out shutters to front bedrooms

- Covered outdoor entertaining area - carport with fully enclosed yard

- 7.3kms to Hunter Expressway - 11.4kms to Kurri Kurri CBD and 8kms to Cessnock CBD.

- Council rates $464.00 per quarter approx. - Water rates $452.73 per quarter approx.

- Rental price guide $470-490 per week.

For further details and to take your next step please contact Bryce Gibson on 0422 227 668 or the Sales Team on 4056000 for further details.

Listing description written by Bryce Gibson, LJ Hooker Cessnock — reproduced as published, not verified by Districts.

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.