Meadowbank at a glance
6,204
People
No data
Median sale
$680/wk
Median rent
No data
Suburb gross yield
NSW › Meadowbank › Underdale Ln
$700,000–$770,000
For sale
Asking range
1
Bedrooms
1
Bathrooms
1
Car spaces
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
$700,000–$770,000
Asking range
No recorded sale for this property.
Meadowbank at a glance
6,204
People
No data
Median sale
$680/wk
Median rent
No data
Suburb gross yield
Based on the low end of the asking range, not a contract price.
$29,779 on top of the price (4.3% extra)
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.
Based on the low end of the asking range, not a contract price.
Pre-filled with Meadowbank's advertised median rent — not a rent for this listing.
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.
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 $680/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.
Gross yield if leased at the suburb aggregate is 5.1%. 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
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
Meadowbank at a glance
6,204
People
No data
Median sale
$680/wk
Median rent
No data
Suburb gross yield
Listing material
Listed by Melrose Estate Agents RydePerfectly positioned within a highly sought-after Meadowbank setting, 102/2 Underdale Lane presents an outstanding opportunity for first home buyers, downsizers and astute investors. Combining a well-designed layout with an abundance of outdoor space, this apartment offers a lifestyle of comfort, convenience and low-maintenance living.
The spacious open-plan living and dining area forms the heart of the home, seamlessly extending outdoors to an impressive private terrace. Ideal for entertaining guests, enjoying alfresco dining or creating your own outdoor retreat, this exceptional space is a standout feature of the residence.
The modern kitchen is thoughtfully positioned within the living area and features quality appliances, dishwasher, ample cabinetry and a practical layout. The generously proportioned master bedroom provides a peaceful private retreat with direct access to its own balcony, creating an additional outdoor space to enjoy.
Property Features
- Generously proportioned one-bedroom apartment with a functional, open-plan layout
- Seamless connection between the living area and expansive private terrace
- Oversized terrace, ideal for entertaining and outdoor dining
- Additional private balcony adjoining the master bedroom
- Well-appointed contemporary kitchen measuring approximately
- Quality stainless-steel appliances including dishwasher
- Ample kitchen cabinetry and practical preparation space
- Generously sized master bedroom measuring approximately
- Well-maintained bathroom with full-sized bathtub and integrated laundry facilities
- Internal laundry for added everyday convenience
- Reverse-cycle air conditioning for year-round comfort
- Excellent natural light throughout the living and bedroom areas
- Private outdoor areas providing an abundance of entertaining space
- Secure and low-maintenance apartment living
- Ideal opportunity for first home buyers, downsizers or investors
- Conveniently positioned close to transport, shopping, dining and riverside recreation
Lifestyle & Location
- Approx. 3 minute walk to Meadowbank Train Station
- Approx. 5 minute walk to Meadowbank Ferry Wharf
- Approx. 1 minute walk to Shepherds Bay Village Plaza
- Approx. 5 minutes to Meadowbank Park and Parramatta River
- Approx. 5 minute drive to Top Ryde City Shopping Centre
- Approx. 8 minutes to West Ryde Marketplace
- Approx. 10 minutes to Rhodes Waterside
- Approx. 10 minutes to Rhodes Train Station
-Approx. 15 minutes to Parramatta CBD
Listing description written by Ahmad Malas, Melrose Estate Agents Ryde — reproduced as published, not verified by Districts.
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