Lugarno at a glance
5,761
People
$1,811,000
Median sale
$1,090/wk
Median rent
3.13%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
NSW › Lugarno › Old Forest Rd
$1,430,000
Last sold
29 Apr 2021
5
Bedrooms
2
Bathrooms
3
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
Last sold
$1,430,000
29 Apr 2021 · derived via latest_sale
Lugarno at a glance
5,761
People
$1,811,000
Median sale
$1,090/wk
Median rent
3.13%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
Vs Lugarno
-21.0%
Median sale
Suburb $1,811,000
+0.83 pp
Gross yield
Suburb 3.13%
Suburb median $1,811,000 from 20 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 $1,090/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
Lugarno at a glance
5,761
People
$1,811,000
Median sale
$1,090/wk
Median rent
3.13%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ozway Realty Crows Nest--------------------------------------------------------
For full address details, inspection times,
additional photos and floor plan,
click "Email Agent" and quote: ID #8245
--------------------------------------------------------
This is a rare opportunity for an astute investor to secure this dual occupancy residence in one of Southern Sydney’s most sought-after areas.
Offering two individual dwellings on an approximate 992.5m2 block, this property is positioned in a private enclave surrounded by the beautiful Georges river and natural bushland.
The main dwelling is east facing to capture the morning sun and is beautifully presented. From the moment you step through the door you will see that the property has been tastefully renovated throughout and features three spacious bedrooms (all with built in wardrobes), a light filled open plan living area with split system air conditioning, a renovated kitchen with a large walk in pantry, well presented bathroom with floor to ceiling tiles, polished timber flooring and a double lock up garage with remote access.
Currently leased to a wonderful tenant that is paying $515 per week.
On the lower level you will find the perfect in law accommodation or teenagers retreat which features its own kitchenette, bathroom and laundry and numerous storage rooms.
The second dwelling is only 5 years old and features 2 bedrooms (both with built in wardrobes), a spacious open plan living area with split system air conditioning, modern bathroom and large kitchen with stainless steel appliances and dishwasher and a single lock up garage with remote access.
This property also offers a sun-drenched patio area perfect for those summer BBQ’s! This property is currently leased at $450 per week to a fantastic tenant that would love to stay.
You could not pick a more convenient and picturesque location as this property backs onto H V Evatt Memorial Park and is only 300 metres to the Lugarno Public School.
You will also enjoy the convenience of having the local shopping area only moments away and this includes an IGA, café, restaurant, fruit market, butcher, pharmacy, deli and bakery.
This is an exceedingly rare opportunity to secure one of the area’s best properties and has so much to offer.
For further information or to arrange an inspection, please contact Milan Vlasic at Ozway Realty on 0400 460 377.
Listing description written by Milan Vlasic, Ozway Realty Crows Nest — reproduced as published, not verified by Districts.