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NSW › Homebush › Kanoona Ave

10 Kanoona Ave, Homebush NSW 2140

For saleHouse for Sale

$29,230

For sale

Asking

3

Bedrooms

1

Bathrooms

1

Car spaces

587 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $29,230 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $29,230(Listing record · 5 Aug 2026)
  • FactLand 587 m²; no building size recorded.(Property record)
  • CalculationAsk is 99% below the Homebush median recorded sale ($3,805,000, n=8, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Homebush's advertised median rent ($731/wk), implied gross yield would be 130.04% — 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

$29,230

Asking · $50/m² of land

No recorded sale for this property.

Homebush at a glance

13,714

People

$3,805,000

Median sale

$731/wk

Median rent

1.00%

Suburb gross yield

Median sale from 8 recorded sales (last 12 months) — a Districts calculation.

See the full Homebush report →

Vs Homebush

-99.2%

Median sale

Suburb $3,805,000

+129.04 pp

Gross yield

Suburb 1.00%

Suburb median $3,805,000 from 8 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$29,230
Stamp Duty (New South Wales)
$395
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
$33,492

$4,262 on top of the price (14.6% 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 Homebush's advertised median rent — not a rent for this listing.

Net yield
128.54%
Annual cashflow (pre-tax)
$36,054
Interest cover (DSCR)
24.72
Annual rent
$38,012
Operating expenses
$438
Loan amount
$23,384
Annual interest
$1,520
Gross yield
130.04%

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$29,230available5 Aug 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 $731/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 130.0%. 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

Homebush in one glance

Homebush at a glance

13,714

People

$3,805,000

Median sale

$731/wk

Median rent

1.00%

Suburb gross yield

Median sale from 8 recorded sales (last 12 months) — a Districts calculation.

See the full Homebush report →

Keep researching

  • Why Homebush? Read the area thesis →
  • What else is on the market in Homebush →
  • Other records on Kanoona Ave →

Listing material

Listed by The Boulevard Group

The Ultimate Development Opportunity – DA Approved 33 Units + Childcare Centre!

An exceptional and rare opportunity to secure a DA approved development site in a highly sought-after location. Situated on a substantial 587sqm (approx.) block, the property comes with approval in place for a 33-unit apartment development together with a childcare centre accommodating 90 children, offering developers and investors a ready-to-progress project with outstanding potential.

Beyond the approved development, the property currently features a beautifully presented 3-bedroom character home in pristine condition both inside and out, complemented by a separate granny flat at the rear. The existing improvements provide immediate flexibility, excellent holding income potential, or the option to occupy while planning the next stage of development.

The charming main residence showcases timeless character appeal with comfortable living spaces, well-maintained interiors, and a warm atmosphere. The additional granny flat provides valuable versatility for extended family accommodation, guests, a home office, or supplementary rental income.

Read the full description

Perfectly positioned close to quality schools, shopping precincts, public transport, parks, and a wide range of local amenities, this property combines convenience with exceptional future growth prospects.

Key Highlights:

- DA approved for 33 apartments

- DA approved childcare centre for 90 children

- 588sqm (approx.) landholding

-Beautifully maintained 3-bedroom character home

- Separate 1-bedroom granny flat

- Prime location surrounded by established amenities

- Outstanding opportunity for developers, investors, and owner-occupiers

- Close to North Strathfield, Homebush, and Flemington Train stations

A truly unique offering combining an approved development opportunity with strong existing rental and lifestyle appeal - properties of this calibre are rarely available.

Please reach out to Fady Ayash on 0452 323 064 to schedule your viewing today!

The information provided on this website, including but not limited to text, images, graphics, and other materials, is for general informational purposes only. While we strive to keep the information up to date and accurate, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.

Listing description written by Fady Ayash, The Boulevard Group — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Floorboards
  • Fully Fenced
Districts

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

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.