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NSW › Connells Point › Terry St

159 Terry St, Connells Point NSW 2221

House

$2,510,000

Last sold

10 June 2023

5

Bedrooms

2

Bathrooms

6

Car spaces

797 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 $2,510,000 (10 June 2023).(Recorded sale)
  • FactLand 797 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Connells Point (last 5 years) with land size: median $3,851/m² of land (n=35). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned Low Density Residential (R2) under the Georges River Local Environmental Plan 2021.(NSW ePlanning Spatial Viewer · 30 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

$2,510,000

10 June 2023 · derived via latest_sale

Local land rate: recorded House sales in Connells Point (last 5 years) with land size have a median of $3,851/m² of land (n=35). Districts calculation from recorded sales — not a valuation.

Connells Point at a glance

2,918

People

$3,275,000

Median sale

$987/wk

Median rent

1.57%

Suburb gross yield

Median sale from 11 recorded sales (last 12 months) — a Districts calculation.

See the full Connells Point report →

Vs Connells Point

-23.4%

Median sale

Suburb $3,275,000

+0.47 pp

Gross yield

Suburb 1.57%

Suburb median $3,275,000 from 11 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

Georges River Local Environmental Plan 2021

Zone

Low Density Residential

R2

Jurisdiction

Georges River

Georges River, NSW

Planning overlays

  • heightDetected
  • heritageNot detected

Planning constraints

  • 109

Development activity

Not detected

Source

  • Provider: NSW ePlanning Spatial Viewer
  • Dataset: Planning Portal Principal Planning — Land Zoning Map
  • Retrieved: 30 Aug 2026
  • Version: 1
  • Parcel: 102995831

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 30 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.

Records

Property history

  1. Soldprice unknown17 Jan 2026
  2. Sold$2,510,00010 June 2023
  3. Listedprice unknowncompleted17 May 2023
  4. Listedprice unknowncompleted17 May 2023
  5. Listedprice unknowncompleted1 Jan 2001
  6. Listedprice unknowncompleted1 Jan 2001

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 Low Density Residential · R2 (Georges River Local Environmental Plan 2021). Official parcel area about 799 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. If the dual occupancy pathway survives a planner’s check, this lot can outperform a same-suburb house that is hold-as-is only. That is not a forecast. 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 $987/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

This looks more compelling as a land / capital-growth play than a pure yield play — if the dual occupancy pathway survives a planner’s check.

Detail

Zoned Low Density Residential · R2 (Georges River Local Environmental Plan 2021). Official parcel area about 799 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.

Read more

Achieved rent for this address has not been inferred. Gross yield on advertising copy is not the deal.

Nearby DA pipeline is unknown, so neighbourhood change is not in this verdict.

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 Low Density Residential · R2 (Georges River Local Environmental Plan 2021). Official parcel area about 799 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. 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 799 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

    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

Connells Point in one glance

Connells Point at a glance

2,918

People

$3,275,000

Median sale

$987/wk

Median rent

1.57%

Suburb gross yield

Median sale from 11 recorded sales (last 12 months) — a Districts calculation.

See the full Connells Point report →

Keep researching

  • Why Connells Point? Read the area thesis →
  • What else is on the market in Connells Point →
  • Other records on Terry St →

Listing material

Listed by Luxe Agency by Maurice Maroon

Under Contract

Situated on an impressive 796.7 square meter approx. parcel of land, this single level home offers a range of desirable features and presents a convenient lifestyle. Offering five spacious bedrooms, an open plan living area and a fantastic alfresco terrace, this home is perfect for those that love to entertain.

Four of the five bedrooms include built-in wardrobes, whilst the versatile fifth bedroom could be offered as a separate formal lounge. The family bathroom is tiled floor to ceiling and includes a separate bath/shower with an additional well appointed bathroom off the main living area.

The quaint kitchen contains plenty of cupboard/bench space and comes fully equipped with gas cooking, stone bench tops, breakfast bar and quality stainless steel appliances. Adjoining the kitchen, the sunny living and dining area is spacious and open plan in design, with elegant parquetry flooring and a fluid indoor/outdoor flow.

Read the full description

The real highlight of the home is the huge alfresco entertaining terrace with an electric pergola and blinds, offering shade and privacy as desired. A fantastic space for relaxing with family and friends, this central hub of the home includes plenty of space for outdoor seating and BBQ facilities. Completing the package is the north facing, level grassed yard, a perfect play area for children and pets.

A side driveway leads to a double carport and easy access to the freestanding double garage located at the rear of the property, with plenty of space for parking or storage.

With its proximity to cafes, schools, transport and shopping hubs, and within walking distance to Donnelly Park and the calm waters of Connells Bay, this beautiful home combines practicality, functionality and a spacious outdoor environment, presenting an appealing option for families in a sought-after location.

Disclaimer: The above information is accurate to the best of our knowledge; however, we advise all interested parties to make their own enquiries, as we will not be held responsible for any variations that may apply. All distances, sizes and measurements are approximate only.

Listing description written by Maurice Maroon, Luxe Agency by Maurice Maroon — 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.