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NSW › Castlecrag › The Parapet

14 The Parapet, Castlecrag NSW 2068

House

4

Bedrooms

3

Bathrooms

2

Car spaces

875 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLand 875 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Castlecrag (last 5 years) with land size: median $5,400/m² of land (n=5). 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 · 1 Sept 2026)

What could make it worth less?

  • FactConservation Area - General intersects 99.7% of this parcel.(NSW ePlanning Spatial Viewer · 1 Sept 2026)
  • FactItem - General intersects 99.7% of this parcel.(NSW ePlanning Spatial Viewer · 1 Sept 2026)

What should you verify next?

  1. 1Conservation Area - General affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  2. 2Item - General affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.

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

No recorded sale price for this property yet.

Local land rate: recorded House sales in Castlecrag (last 5 years) with land size have a median of $5,400/m² of land (n=5). Districts calculation from recorded sales — not a valuation.

Castlecrag at a glance

3,189

People

No data

Median sale

$1,452/wk

Median rent

No data

Suburb gross yield

See the full Castlecrag report →

Planning

Planning and development

Planning scheme

Willoughby Local Environmental Plan 2012

Zone

Environmental Living

C4

Jurisdiction

Willoughby

Willoughby, NSW

Planning overlays

  • heightDetected
  • Conservation Area - GeneralDetected — 99.7% of parcel

Planning constraints

  • 438

Development activity

Not detected

Source

  • Provider: NSW ePlanning Spatial Viewer
  • Dataset: Planning Portal Principal Planning — Land Zoning Map
  • Retrieved: 1 Sept 2026
  • Version: 1
  • Parcel: 102149239

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

Detected — official

The official layer maps a heritage listed area on this parcel, intersecting about 99.7% of it (NSW ePlanning Spatial Viewer, retrieved 1 Sept 2026). Verify the extent against the title before relying on unaffected land.

Records

Property history

  1. Soldprice unknown7 Dec 2024
  2. Listedprice unknowncompleted14 Nov 2024
  3. Listedprice unknowncompleted14 Nov 2024

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 877 m². Dual occupancy looks constrained by site overlays or terrain. Two-lot subdivision looks unlikely on the loaded constraints. 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: medium

Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Heritage constraint may block demolition or dual occupancy even on a large block. Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 877 m² — land size can look like optionality. What reduces it: Conservation Area - General; Item - General. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack. 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 $1,452/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. Heritage constraints are a maintenance and alteration cost, not usually a rent premium by themselves.

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

Loaded constraints look like they kill a naive land-size story. Pay house money, or walk, until a planner confirms a pathway.

Detail

Official parcel about 877 m² — land size can look like optionality. What reduces it: Conservation Area - General; Item - General. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.

Read more

Nearby competing dwellings and net yield are still unknown.

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.

4 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 877 m². Dual occupancy looks constrained by site overlays or terrain. Two-lot subdivision looks unlikely on the loaded constraints. 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 877 m² — land size can look like optionality. What reduces it: Conservation Area - General; Item - General. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.

  • 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

    Knownmedium

    No development applications were returned for this parcel. That is not a statement about nearby lots.

  • 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

Castlecrag in one glance

Castlecrag at a glance

3,189

People

No data

Median sale

$1,452/wk

Median rent

No data

Suburb gross yield

See the full Castlecrag report →

Keep researching

  • Why Castlecrag? Read the area thesis →
  • What else is on the market in Castlecrag →
  • Other records on The Parapet →

Listing material

Listed by Morton Crows Nest

Cheong House: Historic Beauty, Modern Living

Cheong House in Castlecrag is a timeless masterpiece, designed in 1922 by the esteemed Walter Burley Griffin. Proudly listed as a heritage dwelling of local significance, this exquisite residence has been lovingly renovated to blend contemporary living with its exceptional design, ensuring modern comfort while preserving its historic charm. Nestled privately within its beautiful, mature garden and located in the dress circle of Castlecrag, the Cheong House offers a serene and secluded retreat. With easy, flat access to local shops and public transport, it is an ideal location for those seeking both convenience and a high-quality lifestyle.

- Spacious living room features hardwood timber floors and a striking stone fireplace

- Original kitchen renovated for modern living with marble benches and ample storage space

Read the full description

- Master suite accessed via a private passageway, complete with a large robe, spacious ensuite, and private garden views

- Hugh and Eva Buhrich architecturally designed studio with ensuite, perfect for use as a home office, fourth bedroom or teenage retreat

- Immaculately restored original features throughout including high ceilings, exposed beams, textured stone walls, windows and doors, angled skirting boards, and external pergolas and paving

- Lush, mature gardens envelop the house, creating a tranquil and private environment

- Carport accommodating two off-street parking spaces, with additional storage

The Cheong House stands as a testament to the seamless integration of historic elegance and modern convenience. Its thoughtful renovations and preserved architectural details offer a unique living experience that honours its rich heritage. Whether you are drawn to its serene gardens, the meticulously restored interiors, or the convenience of its prime location, Cheong House promises a lifestyle of unparalleled quality and charm. This residence is not just a home, but a piece of history, lovingly maintained and ready to welcome its next fortunate owners.

Listing description written by Lucy White, Morton Crows Nest — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Dishwasher
  • Ensuites: 1
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.