Current Market Valuation
Estimated market value: $215,000
Notes: Based on comparable sales and past sales. Property.com.au estimates the value at $219,000, while realestate.com.au suggests $106,000 for a 2-bedroom version of this address. The property recently sold for $215,000 in February 2025. [6, 9, 23, 24]
Purchase History
8 Feb 2025 - $215,000
14 Jan 2016 - $68,000
Property Details
Type:
House
Bedrooms:
3
Bathrooms:
1
Land (sqm):
556
Car/Garage:
1 car space
Estimated weekly rent:
$330 per week
The property is currently leased for $330 per week. Estimated rental income ranges from $290 to $340 per week. [6, 9, 23] The median rental for houses in Broken Hill is approximately $332 - $345 per week.
Rental vacancy rate:
1.4% (April 2024)
Council rate:
Approx. $1,250 per annum
Water rate:
Approx. $1,050 per annum
Strata fee:
N/A
Home and content insurance price:
Not available
Zoning Information
LGA:
Broken Hill City Council
Zoning:
R1 General Residential
Bushfire:
Not detected
Flood:
Not detected
Heritage:
Detected
Potential Developments in the Area
State Government:
Broken Hill Health Service Redevelopment project, including a $10 million upgrade to the hospital's Emergency Department.
Potential airport runway upgrades.
Local Government:
Broken Hill Active Transport Plan (walking and cycling infrastructure).
Broken Hill Town Square Redevelopment (to reactivate CBD).
O'Neill Sporting Precinct Redevelopment (new playing surface and lighting for cricket and netball).
Council aims to boost the population from 18,000 to 22,000.
Location 482 Lane Lane, Broken Hill NSW, Australia
What's Nearby
Education
Health & Medical
Transportation
Wills St before Galena St - Bus Stop
Broken Hill Town Coach Stop - Coach
Broken Hill Station - Train Station
Local CDC Broken Hill bus services - Bus
NSW TrainLink coach services (to Adelaide, Dubbo, Mildura) - Coach
Broken Hill Outback Explorer train (to Sydney) - Train
XPT train services (to Dubbo with coach connections) - Train
Suburb Performance
Median Price History
Broken Hill has seen significant property market activity. The median house price was $185,000 in April 2024 and $195,000 from May 2024 to May 2025. The area experienced approximately 70% capital growth over the three years ending 2023. In the five years ending December 2024, median house prices increased by an average of 9.6% per annum.
2024 (Dec) | $190,000
2024-2025 (May) | $195,000
12-Month Growth Insight
Up 4.3% (May 2024 - May 2025)
Up 4% (past 12 months as of May 2025)
Annual capital growth of 5.26%
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