Erina at a glance
5,062
People
$1,370,500
Median sale
$618/wk
Median rent
2.34%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
NSW › Erina › Nerissa Rd
$1,090,000
Last sold
21 Mar 2023
2
Bedrooms
2
Bathrooms
2
Car spaces
790 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
Last sold
$1,090,000
21 Mar 2023 · derived via latest_sale
Local land rate: recorded House sales in Erina (last 5 years) with land size have a median of $2,103/m² of land (n=108). Districts calculation from recorded sales — not a valuation.
Erina at a glance
5,062
People
$1,370,500
Median sale
$618/wk
Median rent
2.34%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
Vs Erina
-20.5%
Median sale
Suburb $1,370,500
+0.61 pp
Gross yield
Suburb 2.34%
Suburb median $1,370,500 from 34 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
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 $618/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
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
UnknownArea
Erina at a glance
5,062
People
$1,370,500
Median sale
$618/wk
Median rent
2.34%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by PropertyCoPositioned on a level 790sqm allotment sits this immaculately presented Dual Occupancy property. Beautifully sunbathed and centrally located, the contemporary property has been recently updated, offering modern practically with refined coastal elegance. With an emphasis on privacy, the main house provides an immaculately presented oasis whilst the new granny flat showcases generous interiors and privacy. Extensive existing accommodation is on offer perfect for the growing family or great rental investment potential, all whilst being only moments from the cosmopolitan hub of Erina.
- Perfectly positioned capturing all day sun, level 790sqm allotment.
- Immaculately presented and updated main house, contemporary finishes & high ceilings.
- Well-appointed kitchen complete with dishwasher, stainless appliances & gas cook top.
- Open plan living & dining with hardwood floors, covered outdoor alfresco.
- Large main bathroom complete with bath tub, internal laundry with outdoor access.
- Master bedroom with large built-in robe, air-conditioning and private ensuite.
- Second bedroom with built-in robes, additional sitting room or optional third bedroom.
- Air-conditioned, single carport, fully fenced level grassed yard, landscaped gardens.
- Two-bedroom granny flat provides ideal accommodation, built in robes & fans.
- Complete kitchen with stainless appliances, dishwasher, oven and gas cooktop.
- Generous living & dining, private sunbathed alfresco, landscaped gardens
- Bathroom with wall hung vanity, heated floors, internal laundry.
- Double carport, additional garaging for truck, boat or caravan, garden shed.
- Expected rental return: main house $550 - $570 pw, granny flat $500 - $520 pw.
All of these modern-day luxuries, only moments to public transport, an array of great schooling, Erina Fair's popular shopping and medical precinct, cafes, restaurants and beautiful coastline. For more information, or for to arrange a private viewing, please don't hesitate to contact James Keelan on 0435 714 565 or Edan Sirone on 0411 314 464.
Listing description written by James Keelan, PropertyCo — reproduced as published, not verified by Districts.
NSW 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.