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NSW › Castle Cove › Deepwater Rd

138 Deepwater Rd, Castle Cove NSW 2069

House

$4,285,000

Last sold

7 Nov 2022

5

Bedrooms

2

Bathrooms

4

Car spaces

930 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $4,285,000 (7 Nov 2022).(Recorded sale)
  • FactLand 930 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Castle Cove (last 5 years) with land size: median $4,301/m² of land (n=17). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned Environmental Living (C4) under the Willoughby Local Environmental Plan 2012.(NSW ePlanning Spatial Viewer · 31 Aug 2026)

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?

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

What this lot has actually traded at

Last sold

$4,285,000

7 Nov 2022 · derived via latest_sale

Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.

Local land rate: recorded House sales in Castle Cove (last 5 years) with land size have a median of $4,301/m² of land (n=17). Districts calculation from recorded sales — not a valuation.

Castle Cove at a glance

2,661

People

No data

Median sale

$1,469/wk

Median rent

No data

Suburb gross yield

See the full Castle Cove report →

Planning

Planning and development

Planning scheme

Willoughby Local Environmental Plan 2012

Zone

Environmental Living

C4

Jurisdiction

Willoughby

Willoughby, NSW

Planning overlays

  • heightDetected
  • heritageNot detected

Planning constraints

  • 448.5

Development activity

Data unavailable

Source

  • Provider: NSW ePlanning Spatial Viewer
  • Dataset: Planning Portal Principal Planning — Land Zoning Map
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 102145526

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 detected — official

The official layer was queried and no heritage listed area was detected on this parcel (NSW ePlanning Spatial Viewer, retrieved 31 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.

Records

Property history

201720202022$4.0m$4.29m
  • Sold (recorded)
  1. Sold$4,285,0007 Nov 2022
  2. Listedprice unknowncompleted21 Sept 2022
  3. Listedprice unknowncompleted21 Sept 2022
  4. Sold$4,000,00025 Feb 2017
  5. Listedprice unknowncompleted1 Feb 2017
  6. Listedprice unknowncompleted1 Feb 2017

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?

Confidence: medium

Zoned Environmental Living · C4 (Willoughby Local Environmental Plan 2012). Official parcel area about 962 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $1,469/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

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

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.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned Environmental Living · C4 (Willoughby Local Environmental Plan 2012). Official parcel area about 962 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.

  • 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?

    Knownmedium

    Official parcel about 962 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

    Unknown

    Flood overlay has not been queried for this lot. 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

    No DA adapter returned applications 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

Castle Cove in one glance

Castle Cove at a glance

2,661

People

No data

Median sale

$1,469/wk

Median rent

No data

Suburb gross yield

See the full Castle Cove report →

Keep researching

  • Why Castle Cove? Read the area thesis →
  • What else is on the market in Castle Cove →
  • Other records on Deepwater Rd →

Listing material

Listed by McGrath Castle Cove

SOLD BY CRAIG IRESON SHARON IRESON JACK DOWD

Peacefully nestled in an idyllic location, this contemporary family home enjoys serene water and bushland views. Taking advantage of its elevated position on the high side of the street, this cleverly designed house offers multiple living and entertaining areas and is perfectly suited for those who both appreciate a modern lifestyle as well as covert their home as a sanctuary.

The layout is versatile and appealing features of this house include the spacious internal floor space and a generous-sized, sun-drenched terrace and balcony. Coupled with a solar-heated swimming pool, year-round outdoor living can be enjoyed by the family. The balcony, with fully installed gas bayonets, double power outlets, weather-sensing electronic awnings and outdoor speakers, is an entertainers delight.

In addition, the expansive living / dining / family areas look out to a secure, Northerly aspect level lawn at the rear of the house.

Read the full description

Storage space has been well thought through with the provision of built-ins in bedrooms, a walk-in robe in the Master suite, cupboards, storerooms, a cellar, workshop, and a double-lock up garage with a smart storage system.

With its special position, and views that seemingly go on forever, inspection of this quality home is strongly recommended.

There is easy vehicle access via Daymar Place, however for OPEN HOMES please enter via Deepwater Road.

Built-ins in the bedrooms, plus study / fifth bedroom

Master bedroom with en-suite and walk-in robe

CaesarStone & stainless steel bench tops in kitchen, high end appliances, wine fridge

Blackbutt hardwood floorboards & solid Blackbutt timber staircase

Wood-burning fireplace in formal living

Sound surround audio system and wall-mounted TV in family living area

Private rear lane access to double garage plus two additional car spaces

Air-conditioning, back-to-base alarm, rainwater tanks

Minutes to Chatswood and the city with bus stops nearby

Close to Castle Cove Primary School and local amenities

Listing description written by Craig Ireson, McGrath Castle Cove — reproduced as published, not verified by Districts.

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.