Parramatta at a glance
33,724
People
$1,582,500
Median sale
$704/wk
Median rent
2.31%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
NSW › Parramatta › Victoria Rd
$1,690,000
For sale
Asking
10
Bedrooms
10
Bathrooms
5
Car spaces
695.6 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
Asking
$1,690,000
Asking · $2,430/m² of land
No recorded sale for this property.
Parramatta at a glance
33,724
People
$1,582,500
Median sale
$704/wk
Median rent
2.31%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
Vs Parramatta
+6.8%
Median sale
Suburb $1,582,500
-0.14 pp
Gross yield
Suburb 2.31%
Suburb median $1,582,500 from 6 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$78,829 on top of the price (4.7% 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.
Pre-filled with Parramatta'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 $704/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 2.2%. 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
Parramatta at a glance
33,724
People
$1,582,500
Median sale
$704/wk
Median rent
2.31%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White ParramattaPositioned in one of Parramatta's rapidly evolving growth precincts, this exceptional development opportunity presents a rare chance to secure a DA-approved 10-room boarding house, allowing developers and investors to commence construction sooner while avoiding the time, cost and uncertainty associated with obtaining development approval.
Conveniently located just moments from Parramatta CBD, the property enjoys outstanding access to Westfield Parramatta, Parramatta Railway Station, Light Rail, bus interchange, Western Sydney University, cafes, schools, parks and major arterial roads including the M4 Motorway and James Ruse Drive. This highly connected location continues to experience strong demand for quality accommodation, underpinned by significant population growth and ongoing infrastructure investment.
Whether you're an experienced developer, builder or astute investor, this is a turnkey development opportunity in one of Western Sydney's most sought-after and high-growth locations.
Property Features:
• DA approved for a 10-room boarding house
• Outstanding opportunity for developers, builders and investors
• Commence construction sooner with Development Approval already in place
• Save valuable time, holding costs and approval risk
• Strong demand for affordable accommodation in the Parramatta market
• Minutes to Parramatta CBD, Westfield, Parramatta Railway Station, Light Rail and Bus Interchange
• Close to Western Sydney University, local schools, parks, cafés and everyday amenities
• Easy access to the M4 Motorway, James Ruse Drive and other major transport links
• Exceptional long-term investment in one of Sydney's fastest-growing precincts
A rare opportunity to secure a DA-approved development site with excellent fundamentals and outstanding future potential.
Contact Steven Fan or the Ray White Parramatta Group today to obtain a copy of the approved plans and Development Consent or to arrange your private inspection.
Disclaimer: All information contained herein has been obtained from sources we believe to be reliable. However, interested parties should make their own enquiries and rely on their own independent investigations. Development Approval details, plans and all associated information should be independently verified with the relevant authorities.
"Ray White Parramatta Group - Parramatta | Oatlands | Northmead | Greystanes | Wentworthville, its directors, employees and related entities believe that the information contained herein is gathered from sources we deem to be reliable. However, no representation or warranties of any nature whatsoever are given, intended or implied. Any interested parties should rely on their own inquiries."
Listing description written by Steven Fan, Ray White Parramatta — reproduced as published, not verified by Districts.