Killarney Heights at a glance
4,639
People
$2,800,000
Median sale
$1,282/wk
Median rent
2.38%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
NSW › Killarney Heights › Melwood Ave
4
Bedrooms
2
Bathrooms
2
Car spaces
602 m²
Land
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
No verification items generated for this record.
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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Killarney Heights (last 5 years) with land size have a median of $3,531/m² of land (n=48). Districts calculation from recorded sales — not a valuation.
Killarney Heights at a glance
4,639
People
$2,800,000
Median sale
$1,282/wk
Median rent
2.38%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning scheme
Warringah Local Environmental Plan 2011
Zone
Low Density Residential
R2
Jurisdiction
Northern Beaches
Northern Beaches, NSW
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.
The official layer was queried and no heritage listed area was detected on this parcel (NSW ePlanning Spatial Viewer, retrieved 1 Sept 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NSWZoned Low Density Residential · R2 (Warringah Local Environmental Plan 2011). Official parcel area about 603 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. If the dual occupancy pathway survives a planner’s check, this lot can outperform a same-suburb house that is hold-as-is only. That is not a forecast. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. 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 $1,282/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
This looks more compelling as a land / capital-growth play than a pure yield play — if the dual occupancy pathway survives a planner’s check.
Detail
Zoned Low Density Residential · R2 (Warringah Local Environmental Plan 2011). Official parcel area about 603 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Achieved rent for this address has not been inferred. Gross yield on advertising copy is not the deal.
Nearby DA pipeline is unknown, so neighbourhood change is not in this verdict.
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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned Low Density Residential · R2 (Warringah Local Environmental Plan 2011). Official parcel area about 603 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
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?
KnownmediumOfficial parcel about 603 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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
Killarney Heights at a glance
4,639
People
$2,800,000
Median sale
$1,282/wk
Median rent
2.38%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by LJ Hooker Alliance Group131 Melwood Avenue, Killarney Heights is proudly presented by Nima Aliasgary and Awais Khan of Ray White Fairweather Group.
*** This property is now UNDER CONTRACT and will not be shown further. For more information, contact Nima on 0424 999 399 or Awais on 0426 525 256. ***
Combining a family lifestyle of opulence and space with a coveted elevated city outlook and sought after north to rear aspect, this exquisite family residence combines a solid build construction with palatial open plan interiors. Accommodating a large family and offering a magnificent view of the Sydney city skyline, the home's flawless design and commanding street presence will impress buyers looking for an impressive home with scope to further modernise. Showcasing interiors that span a generous 225sqm of internal living, this striking entertainer was built circa 20 years ago and is bathed in natural light with seamless extension from the indoors to alfresco entertaining spaces. With rear lane access to the double garage minimising stairs to the main living, its sought-after address is footsteps to the esteemed Killarney Heights High School, 700m to the village, and offers rapid access to buses and main roads.
• Striking façade with a commanding street presence and lush, sculpted gardens.
• Upon entry an immediate impression is set by the grand granite staircase.
• Splendid formal lounge flows through bifolds to an impressive outdoor terrace.
• Stone kitchen with gas appliances, ducted rangehood and Bosch dishwasher.
• Relaxed family room with adjacent dining opens to covered alfresco entertaining.
• Four spacious bedrooms including a master suite with dressing room and ensuite.
• Generous north facing level lawn a rare commodity on these elevated parcels.
• Private lane access to automatic double garage, tri-zoned ducted air conditioning.
• Video intercom entry, Bosch B2B alarm, plantation shutters and gas heating.
• Rear access from laneway directly into the High School, 750m to the Public School.
Estimated Rental Price Per Week: $1775 - $1825 per week
Our offices: Ray White Killarney Heights / Ray White Narrabeen / Ray White Frenchs Forest
**** If you don't have your finances sorted, just ask us - our Loan Market Mortgage Brokers can assist you! Call us on 9975 HOME to arrange a FREE private meeting.****
Listing description written by Nima Aliasgary, LJ Hooker Alliance Group — reproduced as published, not verified by Districts.