Crestwood at a glance
4,830
People
$817,500
Median sale
$546/wk
Median rent
3.47%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
NSW › Crestwood › Frederick St
For sale
For sale
0
Bedrooms
0
Bathrooms
0
Car spaces
718 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Asking
No recorded sale price for this property yet.
Crestwood at a glance
4,830
People
$817,500
Median sale
$546/wk
Median rent
3.47%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning data is being calculated
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NSWPlanning 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.
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
No advertised rent is recorded. Suburb median rent $546/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Verdict
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.”
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
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
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Area
Crestwood at a glance
4,830
People
$817,500
Median sale
$546/wk
Median rent
3.47%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Blackshaw ManukaPositioned within the R3 Medium Density Residential zoning under the QPRC Local Environmental Plan, this exceptional parcel of land represents a rare and highly valuable opportunity for developers, investors, and forward-thinking buyers.
Why R3 Zoning Matters:
The R3 Medium Density zone is specifically designed to encourage a more diverse and intensive form of residential development than standard low-density housing. This zoning allows for greater flexibility and significantly enhances the land's development potential.
Permitted Uses Include (STCA):
Townhouses / multi-dwelling housing
Dual occupancies
Manor homes / terraces
Boarding houses and other residential accommodation options
This zoning unlocks the ability to increase dwelling yield, making the site particularly attractive for developers seeking to maximise return on investment in a growing regional centre.
Added Income Security – Existing Automotive Business
Further enhancing its appeal, the current landowner operates a long-standing and established automotive business from the site. There is the potential for this business to continue under an agreed commercial lease arrangement, providing purchasers with an immediate income stream or a holding strategy while planning future development. Or simply buy with vacant possession.
This creates a rare dual-benefit scenario:
Short-term rental income and tenant stability
Long-term redevelopment potential under R3 zoning
The Value Proposition:
Higher Density = Higher Returns
Compared to traditional R2 zoning, R3 allows multiple dwellings on a single title, creating strong potential for redevelopment profits or diversified rental income.
Strategic Growth Area
Crestwood continues to benefit from its proximity to Queanbeyan CBD and Canberra, underpinning demand for well-located medium-density housing.
Supply Meets Demand
Increasing buyer demand for low-maintenance homes such as townhouses and duplexes supports strong absorption and resale potential.
Flexible Holding Strategy
Generate income now through a commercial lease while securing future development upside.
Location Benefits:
Minutes to local schools, parks, and shopping
Close to Queanbeyan CBD
Easy commute into Canberra
Established neighbourhood with consistent growth
A Rare Combination of Zoning, Income & Future Upside
Opportunities offering R3 Medium Density zoning plus an existing income-producing business are exceptionally scarce. Whether you're ready to develop, invest, or land-bank, 1 Fredrick Street delivers unmatched flexibility and long-term value.
Secure a site where immediate income meets future opportunity.
Disclaimer: All care has been taken in the preparation of this marketing material, and details have been obtained from sources we believe to be reliable. Blackshaw do not however guarantee the accuracy of the information, nor accept liability for any errors. Interested persons should rely solely on their own enquiries.
Prior to enquiry or inspection of this property you may wish to review our Information Collection Notice and Privacy Policy.
blackshaw.com.au/privacy
Listing description written by Ben Stevenson, Blackshaw Manuka — reproduced as published, not verified by Districts.