Picnic Point at a glance
6,663
People
$1,750,000
Median sale
$1,037/wk
Median rent
3.08%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
NSW › Picnic Point › Austin Blvd
$1,540,000
Last sold
31 Mar 2023
5
Bedrooms
2
Bathrooms
3
Car spaces
562 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
$1,540,000
31 Mar 2023 · derived via latest_sale
Local land rate: recorded House sales in Picnic Point (last 5 years) with land size have a median of $2,720/m² of land (n=54). Districts calculation from recorded sales — not a valuation.
Picnic Point at a glance
6,663
People
$1,750,000
Median sale
$1,037/wk
Median rent
3.08%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
Vs Picnic Point
-12.0%
Median sale
Suburb $1,750,000
+0.42 pp
Gross yield
Suburb 3.08%
Suburb median $1,750,000 from 37 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 $1,037/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
Picnic Point at a glance
6,663
People
$1,750,000
Median sale
$1,037/wk
Median rent
3.08%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Property Place AgencyNestled in a blue-ribbon location in the highly sought after suburb of Picnic Point, boasting size, style and charm in all the right places, this beautifully presented 2 storey home is a must to inspect for all growing families.
An entertainer's dream, this home offers multiple living spaces both internal and external spread over an expansive two levels. Immerse yourself with all this remarkable residence has to offer through an incredible fusion of spacious, suburban living intertwined with a tranquil and private oasis, enveloped by lush, manicured gardens and a peaceful and leafy outlook.
Attributes Include:
* Character filled 5-bedroom, 2 storey family home situated on an expansive 562sqm of land
* 4 spacious bedrooms all with built in robes plus additional 5th bedroom or home office downstairs with built in robe
* 2 beautifully presented, federation inspired bathrooms with stunning gold detailing featured throughout
* Modern, light dappled kitchen complete with SMEG appliances, double pantry, ample bench space and breakfast bar
* Beautifully designed interiors with high ceilings, ample windows complimented by French doors and sheer curtains
* Magnificent front lounge/dining room drenched in natural light overlooking charming wrap around veranda complete with sunshades
* Additional back loungeroom perfectly fuses indoor and outdoor living with timber floors seamlessly flowing through to undercover deck
* Generous undercover deck perfectly equipped for entertaining all year round with ceiling fan, BBQ area and patio blind
* Sun drenched and immaculately manicured level grassed yard complimented with sparkling outdoor spa
* Extra-large garaging with remote entry and drive through access to yard, ample off-street parking and storage - great for tradies, car enthusiasts or boat lovers
* Energy efficient home with 12 solar panels on roof & 2 water tanks installed (1700L)
* Bosch alarm system, split system air conditioning, timber flooring downstairs
* Positioned on the high side of this exclusive Picnic Point street, located within the highly sought after Picnic Point School Catchment area
This is the ultimate piece of real estate – A great home the whole family can grow into while potential investors will enjoy a high rental yield and strong capital growth from the premium position.
For further details or to arrange an inspection contact exclusive listing agents Dean Owsnett or Kayla McLennan.
Listing description written by Dean Owsnett, Property Place Agency — reproduced as published, not verified by Districts.