North Richmond at a glance
7,146
People
$1,290,000
Median sale
$677/wk
Median rent
2.73%
Suburb gross yield
Median sale from 70 recorded sales (last 12 months) — a Districts calculation.
NSW › North Richmond › Michael St
$800,000
Last sold
18 Dec 2024
3
Bedrooms
1
Bathrooms
1
Car spaces
450 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
$800,000
18 Dec 2024 · derived via latest_sale
Local land rate: recorded House sales in North Richmond (last 5 years) with land size have a median of $2,057/m² of land (n=79). Districts calculation from recorded sales — not a valuation.
North Richmond at a glance
7,146
People
$1,290,000
Median sale
$677/wk
Median rent
2.73%
Suburb gross yield
Median sale from 70 recorded sales (last 12 months) — a Districts calculation.
Vs North Richmond
-38.0%
Median sale
Suburb $1,290,000
+1.67 pp
Gross yield
Suburb 2.73%
Suburb median $1,290,000 from 70 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 $677/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
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
North Richmond at a glance
7,146
People
$1,290,000
Median sale
$677/wk
Median rent
2.73%
Suburb gross yield
Median sale from 70 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Belle Property HawkesburyThis is what our vendor had to say: " It's been a pleasure to deal with the whole team at Belle. There property management team has been refreshing and very professional.
The sales team advised a make over and styling that saw the property sell within a week above out expectations."
Welcome to 10 Michael Street, North Richmond, a delightful property that offers comfort, convenience, and opportunity in equal measure. Perfectly positioned in a peaceful location, this home is just 2km from the North Richmond Shopping Village and an easy 2km to the recreational parks, walking trails, and vibrant amenities of the Redbank Estate.
Featuring three generously sized bedrooms, all with built-in robes, a functional three-way bathroom, and two separate living areas, this home provides a practical and inviting layout. Set on a 450sqm block, it also boasts a secure yard and a single carport, making it ideal for young families, downsizers, first-home buyers, or savvy investors.
Features You'll Love:
~ Convenient three-way bathroom designed for functionality and ease of use
~ Two separate living areas offering flexibility for relaxation and entertainment
~ Air conditioning to ensure year-round comfort
~ Quiet, family-friendly location with easy access to local schools, shops, and transport
~ Low-maintenance yard, perfect for children or pets
~ Attractive rental potential of $580–$600 per week, making it a great investment opportunity
This property offers a wonderful opportunity to secure a charming home in the sought-after North Richmond area. Whether you're stepping onto the property ladder, seeking to downsize, or looking for a strong investment opportunity, 10 Michael Street ticks all the boxes.
We can't wait to welcome you at our open home this Saturday!
Listing description written by Robbie Dunn, Belle Property Hawkesbury — reproduced as published, not verified by Districts.