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NSW › Parklea › Candlenut Grove

1 Candlenut Grove, Parklea NSW 2768

For saleHouse for Sale

$1,300,000

For sale

Asking

4

Bedrooms

2

Bathrooms

2

Car spaces

583 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,300,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,300,000(Listing record · 22 July 2026)
  • FactLand 583 m²; no building size recorded.(Property record)
  • CalculationAsk is 11% below the Parklea median recorded sale ($1,459,000, n=14, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Parklea's advertised median rent ($801/wk), implied gross yield would be 3.20% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$1,300,000

Asking · $2,230/m² of land

No recorded sale for this property.

Parklea at a glance

3,690

People

$1,459,000

Median sale

$801/wk

Median rent

2.85%

Suburb gross yield

Median sale from 14 recorded sales (last 12 months) — a Districts calculation.

See the full Parklea report →

Vs Parklea

-10.9%

Median sale

Suburb $1,459,000

+0.35 pp

Gross yield

Suburb 2.85%

Suburb median $1,459,000 from 14 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,300,000
Stamp Duty (New South Wales)
$53,512
Transfer/Registration Fee
$167
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,357,379

$57,379 on top of the price (4.4% extra)

  • Stamp Duty (New South Wales)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: New South Wales schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Parklea's advertised median rent — not a rent for this listing.

Net yield
1.70%
Annual cashflow (pre-tax)
$-45,448
Interest cover (DSCR)
0.33
Annual rent
$41,652
Operating expenses
$19,500
Loan amount
$1,040,000
Annual interest
$67,600
Gross yield
3.20%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$1,300,000available22 July 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

NSW

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $801/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 3.2%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    NSW Valuer General land values are not loaded for this property yet.

  • Net yield / holding costs

    Unknown

    NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Area

Parklea in one glance

Parklea at a glance

3,690

People

$1,459,000

Median sale

$801/wk

Median rent

2.85%

Suburb gross yield

Median sale from 14 recorded sales (last 12 months) — a Districts calculation.

See the full Parklea report →

Keep researching

  • Why Parklea? Read the area thesis →
  • What else is on the market in Parklea →
  • Other records on Candlenut Grove →

Listing material

Listed by Ray White TNG Glenwood

AUCTION ON-SITE Sunday 30th August 12pm

Positioned in the nexus of desirable Glenwood, this magnificent Northeast facing four-bedroom abode hosts a slew of features ideal for growing families and investors with an eye for luxury and modernity. High-sided positioning and a newly painted architectural facade come together for a specially modern aesthetic and delightful first glance, enveloped in a cascade of greenery on every side. Recent renovations both inside and out, boosted with modern features truly confirm this home as nothing short of a diamond in the district and a game-changer in the market with a granny flat potential.

This home brings the best of confident construction and luxurious modern renovation where it matters most, offering a lifestyle of opulence that elevates even the mundane. Boasting gloss hardwood floors, ducted air conditioning and feature oyster lights across the floorplan, glorified with a sumptuous backyard of lawn space and alfresco perfect for event-hosting or simply enjoying warm days with the family. Across all bathrooms and kitchens, every fixture is cutting edge in home development, with soft-close timber cabinetry, luxurious veined tiling, stone countertops and handheld faucets glamourising this residence into what most only dream of. A stately oasis, meticulously maintained, wondrously renovated and awaiting your personal touch - Welcome to 1 Candlenut.

Features:

Read the full description

• Four gorgeous bedrooms each with hardwood timber floorboards, sliding built-in wardrobes, feature square stainless oyster lights, plantation shutters and ducted air conditioning

• Sumptuous oversized master bedroom with timber floorboards, triple sliding built-in wardrobe, plantation shutters and private ensuite with soft-closed timber vanity, matching floor to ceiling tiles, freestanding ceramic basin, plus resort-like shower nook with ceiling mounted rainhead and geological feature wall

• Classy main bathroom appointed by back-lit smart mirror with 5x magnifying function, floor-to-ceiling tiles, extended shower nook on feature wall, frameless sliding shower screen, brass rain + handheld shower heads and floating timber vanity with marble counter

• Chic modern kitchen and dining space with diagonal island bench and breakfast bar, stone countertop + splashback, SMEG 600mm 3-burner gas cooktop + hidden rangehood and stainless steel double basin, with built-in pantry and ample sliding door access to backyard

• Cosy formal loungeroom with downlights, plantation shutters lining sun-soaked windows and feature stainless steel oyster light

• Stunning outdoor patio with oversized aluminium pergola, painted concrete floors and firepit slab with additional 1-year young outdoor kitchen fit with soft-close timber cabinetry, 900mm Electrolux 5-burner gas cooktop, dishwasher, feature granite splashback and stone counter

• Pristine backyard overlaid with buffalo lawn, skirted by raised timber garden beds, dark grey Colorbond privacy fencing and Colorbond garden shed to match

Spacious double-car garage with two electric doors to front and manual roller door to rear providing drivethrough access, with open under-stair storage, epoxy flooring and built-in frosted wardrobe

• Additional features: LG ducted AC system throughout, solar system, natural gas, gas hot water, 2025 exterior paint, RhinCo alarm, granny flat potential

Amenities are within arm's reach of this residence being conveniently tucked away whilst also proximal to arterial roads. Kellyville Metro and Quakers Hill Train stations create access to the network of Sydney's transport services less than six minutes away, as well as the M7 and A2 motorways each providing access to the heart of Sydney and beyond. Local parks; Davison Reserve, Cornucopia Reserve and Waite Reserve provide play equipment, sporting opportunities and lush greenery within walking distance, with local Holy Cross Primary, Quakers Hill East Public and Glenwood High School each sitting within a five-minute radius for wonderful local education opportunities. Nearby Glenwood Community Hub and Parklea Markets supply grocery and cafe options less than 2km away, making shopping trips blissfully easy and delightfully diverse. A well-connected abode with fantastic features throughout - contact Shiv Nair today on 0451 883 102 for further information.

Disclaimer: All information contained herewith, including but not limited to the general property description, images, floorplans, figures, price and address, has been provided to Hills Real Estate Sales Pty Ltd by third parties. We have obtained this information from sources that we believe to be reliable; however, we cannot guarantee the accuracy and or completeness of this information. The information contained herewith should not be relied upon as being true and correct. You should make independent inquiries and seek your own independent advice in respect of this property or any property on this website.

Listing description written by Shiv Nair, Ray White TNG Glenwood — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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