2 Smith St, Dubbo is a 18 bedroom, 10 bathroom House with 10 parking spaces. The property has a land size of 2020m2. While the property is not currently for sale or for rent, it was last sold in August 2025. There are other 18 bedroom House sold in Dubbo in the last 12 months.
Positioned in the tightly held heart of Central/South Dubbo and just a short 10-minute walk to the CBD, this substantial two-storey complex presents a rare and exciting opportunity for the astute investor or visionary developer.
Offered for the first time since its construction in 1973, the property comprises ten well-maintained, fully self-contained units on a generous 2020 sqm parcel of land. Currently returning approx. $158,080 per annum, the property generates consistent rental income and holds exceptional potential for future redevelopment (STCA), especially given its proximity to surrounding motel and short-term accommodation precincts.
Key Features:
Current Rent: $158,080 per annum
Council Rates: Approx. $14,022.82 per annum
First Time to Market
Held in the same ownership since construction
This property offers a "set and forget" investment with strong rental yield, plus the strategic advantage of future development options. Properties of this scale, income and positioning are extremely rare in Dubbo.
Contact us today to register your interest or arrange a private inspection.
Disclaimer:
All information contained herein is gathered from third-party sources we deem to be reliable. However, we cannot guarantee its accuracy, and interested persons should rely on their own independent enquiries and not on the information contained herein. Figures and details are subject to change without further notice.
The size of Dubbo is approximately 998.7 square kilometres. It has 56 parks covering nearly 4.8% of total area. The population of Dubbo in 2016 was 38943 people. By 2021 the population was 43516 showing a population growth of 11.7% in the area during that time. The predominant age group in Dubbo is 0-9 years. Households in Dubbo are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Dubbo work in a professional occupation.In 2021, 62.40% of the homes in Dubbo were owner-occupied compared with 63.20% in 2016.
Dubbo has 22,512 properties. Over the last 5 years, Houses in Dubbo have seen a 74.89% increase in median value, while Units have seen a 41.85% increase. As at 28 February 2026:
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