49 Wilson Street, Broken Hill NSW 2880

49 Wilson Street, Broken Hill NSW 2880
Large 917 m² block | 3-bed house | Renovator opportunity | High yield potential | Heritage overlay possible A substantial 917 m² freehold block is offered here, a configuration that is rarely matched in this price range. This 3-bedroom, 1-bathroom house sits within a pocket of Broken Hill known for detached, older homes on generous allotments, making it a suitable purchase for a renovator or an investor seeking high rental yield. The property is positioned to appeal to buyers who are drawn by land under a modest price point, with potential for shedding, rear access, or future improvements. For owner-occupiers, the single-level layout and large yard are seen as providing a comfortable, low-maintenance base in a stable regional centre. The property’s condition may significantly influence its eventual value, as comparable homes in the street range from fully updated to requiring major work. A heritage overlay might apply to this pocket, which could limit external alterations or add approval costs. The large land area may offset these constraints by offering development potential or privacy, but buyers should verify zoning and overlay controls before forming a price view.
Detailed Independent Property Report prepared  by PropCred Analyst team for 49 Wilson Street, Broken Hill NSW 2880
Checks found:
Value Risk 2
Liquidity Risk 2
Planning Risk ! 1
Income Risk
Execution Risk
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Market Insight

Broken Hill, a remote mining town and regional centre in far west NSW, is attracting first home buyers and investors drawn to a median house price around $220,000 and gross rental yields above 10%. Prices rose 12.8% in the past year, supported by steady demand from mining and essential service workers; houses typically sell in 68–84 days. Unit sales are negligible, reflecting a thin market. Future growth hinges on mining stability from Perilya and South32, alongside sustained demand from essential services, while risks include interest-rate sensitivity, limited new housing supply, and affordability strain for low-income locals despite cheap entry.
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PropCred Estimated Value

Comparable Sales: 341 Wilson Street at $120k | Property Price Band: $100k–$200k | Value Drivers: 917 m² land, street position, condition potential

Bedrooms

3

Bathroom

1

Parking

-

Land

857m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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