34 Swift Street, Wellington, NSW 2820 | Property Value & History | OnTheHouse
 
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34 Swift Street
Wellington NSW 2820

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 117m2
Land area: 379m2
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Property Details for 34 Swift St, Wellington

Building Type
Commercial
Floor Size
117m2
Land Size
379m2
Local Government
Dubbo Regional
Lot/Plan
1/DP741528

Last Listing description (August 2025)

Raine & Horne Commercial Dubbo is delighted to offer 34 Swift Street, Wellington for sale by way of Public Auction on Thursday, 19 June 2025.

This prime CBD positioned medical premises boasts a brand new lease to long standing tenant Sonic Healthcare, a global leader in medical diagnostics, operating more than 300 laboratories and employing over 37,000 staff across key international markets including Australia, the US, UK, and Germany. Listed on the ASX (SHL), Sonic is a top-50 company with a market capitalization exceeding AUD $15 billion, offering strong tenant security backed by a stable, long-established business.

Investment Highlights

• Net Income $21,500 per annum with compounding 3% annual rent increases
• Investor friendly net lease with tenant paying all usual outgoings including management fees as per lease
• Secure new 6 year and 6 month lease expiring August 2031 with option to 2036 to existing long term tenant
• Dominant ASX listed tenant Sonic Healthcare Limited (Douglass Hanly Moir)
• Top ASX Company: Listed on the ASX (SHL), Sonic is a top-50 ASX listed company with a market cap exceeding AUD $15 billion
• Global Diagnostics Leader: Sonic Healthcare operates over 300 laboratories across Australia, the US, UK, Germany, and more, employing 37,000+ staff worldwide.
• Recently completed Lessor works including internal and external painting ensuring minimal future cosmetic maintenance
• 160sqm approx. building area; including reception, consult rooms and onsite parking
• 379sqm approx. land holding with flexible E2 Commercial Centre zoning
• Positioning within the heart of the Wellington CBD opposite Wellington Soldier's Memorial Club
• Wellington, home to 6,000* people, is a scenic rural town with proximity to major regional center Dubbo via the Mitchell Highway. Wellington has experienced a recent surge through major renewable energy projects and mining research

For more information, please contact the exclusive selling agents Thomas Haylock (0400 372 389) or Joe Burgun (0418 649 871) at Raine & Horne Commercial Dubbo.

*Approximately

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Property History for 34 Swift St, Wellington, NSW 2820

A timeline of how this property has performed in the market
Last Sold
$316,000
19 Jun 2025
  • 19 Jun 2025
    Sold for $316,000
  • 14 May 2025
    Listed for Sale AUCTION
  • 05 Jun 2020
    Sold for $160,000
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About Wellington 2820

The size of Wellington is approximately 15.9 square kilometres. There are 9 parks, covering nearly 1.6% of the total area. The population of Wellington in 2016 was 4077 people. By 2021 the population was 4096 showing a population growth of 0.5% in the area during that time. The predominant age group in Wellington is 0-9 years. Households in Wellington are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wellington work in a community and personal service occupation.In 2021, 59.20% of the homes in Wellington were owner-occupied compared with 57.70% in 2016.

Wellington has 2,471 properties. Over the last 5 years, Houses in Wellington have seen a 92.01% increase in median value, while Units have seen a 107.16% increase. As at 31 July 2026:

  • The median value for Houses in Wellington is $371,451 while the median value for Units is $504,564.
  • Houses have a median rent of $445 while Units have a median rent of $250.
There are currently 25 properties listed for sale, and 10 properties listed for rent in Wellington on OnTheHouse. According to Cotality's data, 125 properties were sold in the past 12 months in Wellington.

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