Paradise at a glance
8,414
People
$977,500
Median sale
$598/wk
Median rent
3.18%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
$960,000
Last sold
16 Nov 2024
3
Bedrooms
2
Bathrooms
0
Car spaces
364 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
Last sold
$960,000
16 Nov 2024 · derived via latest_sale
Local land rate: recorded House sales in Paradise (last 5 years) with land size have a median of $1,797/m² of land (n=55). Districts calculation from recorded sales — not a valuation.
Paradise at a glance
8,414
People
$977,500
Median sale
$598/wk
Median rent
3.18%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
Vs Paradise
-1.8%
Median sale
Suburb $977,500
+0.06 pp
Gross yield
Suburb 3.18%
Suburb median $977,500 from 30 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
SAPlanning 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.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $598/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. 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. Net yield / holding costs are not estimated outside NSW without inventing land tax.
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
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
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
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Paradise at a glance
8,414
People
$977,500
Median sale
$598/wk
Median rent
3.18%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Toop & Toop NorwoodAuction Location: On Site
Embrace the perfect union of historical charm and contemporary sophistication in the fully renovated symmetrical cottage at 15 Norman Street, Paradise. This property, built in the 1900s, has been seamlessly revived, paying homage to the past without compromising on modern living standards.
The sandstone-fronted cottage immediately welcomes you with its considerable street appeal. Inside, the charm of yesteryears is effortlessly infused through soaring decorative ceilings and spacious multipurpose rooms, ready to be adapted to your living needs.
The heart of the property lies in the stunning contemporary kitchen. Brand new and equipped with quality appliances, it's equally suited for casual weeknight meals or lavish dinner parties. Classic stone benchtops and a kitchen island create an alluring blend of style and utility, while abundant storage makes for seamless meal preparation or entertainment
Heading outdoors, the paved entertaining area serves as an inviting space for al fresco dining, summer barbecues or simple relaxation under the clear skies. The property's convenient 364sqm allotment promises easy care and maintenance, efficient for busy lifestyles.
This residence boasts three well-appointed bedrooms, with the primary suite ensuring unmatchable privacy and convenience with an integrated ensuite. The two additional bedrooms balance form with function, promising pleasant living moments and peaceful nights of rest.
Adding to the updated interiors is a luxury main bathroom outfitted with a freestanding bath, inviting restful unwinding after long days. Beyond its interior offerings, the property hosts a wine enthusiasts' cellar, poised to house your prized collection of wine, olives or homemade sauce.
Features to love;
Fully renovated interiors, move in ready
Stunning hybrid timber flooring throughout
Kitchen equipped with quality appliances including Fisher and Paykel 90cm induction cooktop, Westinghouse 90cm oven plus Fisher and Paykel dishwasher
Daikin ducted reverse cycle air conditioning system with 5 zones.
Completely re-wired throughout with 3 phase power
New plumbing throughout
NBN, FTTP Upgrade installed
Attic, with approx. 10sqm of structafloor timber, ideal for storage
Garden shed to the rear yard
Off street parking with the option to drive through to the rear yard
Paved undercover entertaining
Location Highlights
Positioned in a welcoming community, merely metres from the stunning walking trails of Linear Park, it also offers easy access to local favourites including One Sneaky Cheetah and Panini Brothers. Plus, the Paradise interchange putting the best of the city within convenient reach.
Listing description written by Gena Nash, Toop & Toop Norwood — reproduced as published, not verified by Districts.