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NSW › Condobolin › Grassmere Rd

'Starsight', 3074 Grassmere Rd, Condobolin NSW 2877

For saleRural Property

For sale

For sale

5

Bedrooms

2

Bathrooms

0

Car spaces

30,193,595.768 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

This is on the market — is it worth your time?

Why this ask?

  • FactListed for sale — no asking price recorded(Listing record · 19 July 2022)
  • FactLand 30,193,596 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

The ask against the evidence

Asking

No recorded sale price for this property yet.

Condobolin at a glance

3,126

People

$357,500

Median sale

$350/wk

Median rent

5.09%

Suburb gross yield

Median sale from 17 recorded sales (last 12 months) — a Districts calculation.

See the full Condobolin report →

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. Listedprice unknownavailable19 July 2022

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 $350/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

Condobolin in one glance

Condobolin at a glance

3,126

People

$357,500

Median sale

$350/wk

Median rent

5.09%

Suburb gross yield

Median sale from 17 recorded sales (last 12 months) — a Districts calculation.

See the full Condobolin report →

Keep researching

  • Why Condobolin? Read the area thesis →
  • What else is on the market in Condobolin →
  • Other records on Grassmere Rd →

Listing material

Listed by Miller and James Real Estate Temora

Scale And Quality On The Banks Of The Mighty Humbug Creek

'Starsight' has long been regarded as one of the finest farms south of Condobolin in central west NSW. Combining scale, soil quality, reliability, and versatility, this outstanding property is being offered for sale by EOI allowing a new owner to prepare paddocks for the 2023 cropping season

The property is available for sale in two blocks or as a whole.

- Starsight - approx 6,137 acres

Read the full description

- Bogandillon - approx 1,324 acres

Located 50 linear km north of West Wyalong and 30 linear km south of Condobolin, 'Starsight' is an approx. 3,021 Ha (7,461acre) property, currently being run as a mixed farming operation. However, in recent years, the present owner has chosen to concentrate on livestock production with most paddocks being used for pasture production. The current enterprise mix includes a cattle herd, sheep flock and a small amount of cereal production. Several paddocks have been sown down to a lucerne/clover mix. It would not matter whether the new owner preferred livestock or crop production because 'Starsight' would be perfect for either production system. Most paddocks are large and clear of trees. Where trees do exist they are mainly on the edge of paddocks (treelines) or clumps around watering points.

In recent years, wheat crops on 'Starsight' have achieved yields of 5 tonnes or better, and the new owners of 'Starsight' will go into 2023 with a full soil moisture profile.

'Starsight' is mostly flat with large paddocks averaging approx. 200ha in size. However, there is some gently undulating country on the northern end of the property. The property is approx. 95% arable and has the picturesque Humbug Creek running down part of its south western boundary. The soils are principally red loams through to red and grey self mulching clays. Timber includes kurrajong, pine, rosewood, belah, wilga, myall box and redgum.

'Starsight' has a stock and domestic water scheme delivering reliable water across the property. As part of the Euglo Water Scheme, water is delivered to the property from the Lachlan River. As a backup, the property also has a very good dam system spread across the property. The average annual rainfall is 471mm (Burcher rainfall station) spread evenly across the year.

A special feature of 'Starsight' is the 536ha (1,324 acre) block which runs into the Bogandillon swamp. Although most of this block is currently underwater, in more normal years it provides an abundance of feed mainly consisting of medic clover. It can also be used for summer cropping and is famous for growing award-winning wheat crops on the swamp bed when inevitable dry years occur. The Bogandillon block will be available to purchase as a stand alone block.

Infrastructure and features across the property include the following;

- 3 bedroom brick homestead with 2 bedroom barn and garage

- All steel sheep yards

- All steel cattle yards

- Machinery shed with workshop

- Modern 4 stand woolshed

- 270 tonne of grain storage

- Second set of sheep yards

- Second machinery shed

- Water scheme

- 40km from the Calleen GrainCorp site

- Main Condobolin West Wyalong Rd is close by

- Good to excellent fencing throughout

The Sales Process;

'Starsight' and 'The Bogandillon' are being offered for sale through a two-stage Expression of Interest process. The first stage will run until 10:00 am Tuesday 6th September and will seek non-binding offers from interested parties. Stage two will be a period of price discovery and negotiation between the vendor and interested parties with the aim of acceptance of a fully binding offer by the vendor.

Contact;

To request a copy of the IM or to arrange an inspection, contact Bruce Holden on 0428 278 546 or Angus McLaren on 0428 496 289

Listing description written by Bruce Holden, Miller and James Real Estate Temora — 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.