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Overview
This property is centrally located in Wellington and features a substantial land parcel of approximately 2,000 square meters. Such large land holdings are increasingly rare in the area, offering a unique opportunity for buyers seeking space and potential.
The existing residence on this sizeable block provides multiple options for long-term use and development. As the town of Wellington continues to expand, the value of land is expected to appreciate, particularly for larger blocks such as this one.
The property is zoned R1 General Residential, which allows for subdivision into smaller lots or the construction of multi-dwelling houses. This zoning flexibility makes the site attractive for those interested in building units or subdividing the land for investment or personal use.
Additional features include a fully fenced yard, enhancing privacy and security for residents. The combination of a large land area with an existing home presents a versatile opportunity for families, investors, or developers.
Overall, this property offers a rare chance to acquire a large residential block in a growing town, with potential for future subdivision or development subject to council approval. Its location, size, and zoning make it a valuable asset for a variety of buyers.
Local Market Insights
In Wellington, Quiet Listings observed 16 new houses entering the market over the last 30 days, up from 4 during the previous 30-day period, with an average advertised asking price of $429,688. The property type mix of listed properties is predominantly Houses at 73%, followed by home for sales (23%), and land (5%). Ray White was the most active agency in this area, representing 75.0% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Wellington NSW 2820
Market Insights for Wellington NSW 2820
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