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NSW › Karuah › Franklin St

16 Franklin St, Karuah NSW 2324

For saleHouse for Sale

$1,350,000

For sale

Asking

6

Bedrooms

3

Bathrooms

4

Car spaces

549 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,350,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,350,000(Listing record · 12 Mar 2026)
  • FactLand 549 m²; no building size recorded.(Property record)
  • CalculationAsk is 91% above the Karuah median recorded sale ($705,000, n=17, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Karuah's advertised median rent ($525/wk), implied gross yield would be 2.02% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$1,350,000

Asking · $2,459/m² of land

No recorded sale for this property.

Karuah at a glance

2,583

People

$705,000

Median sale

$525/wk

Median rent

3.87%

Suburb gross yield

Median sale from 17 recorded sales (last 12 months) — a Districts calculation.

See the full Karuah report →

Vs Karuah

+91.5%

Median sale

Suburb $705,000

-1.85 pp

Gross yield

Suburb 3.87%

Suburb median $705,000 from 17 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,350,000
Stamp Duty (New South Wales)
$56,262
Transfer/Registration Fee
$167
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,410,129

$60,129 on top of the price (4.5% extra)

  • Stamp Duty (New South Wales)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: New South Wales schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Karuah's advertised median rent — not a rent for this listing.

Net yield
0.52%
Annual cashflow (pre-tax)
$-63,150
Interest cover (DSCR)
0.10
Annual rent
$27,300
Operating expenses
$20,250
Loan amount
$1,080,000
Annual interest
$70,200
Gross yield
2.02%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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 retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$1,350,000available12 Mar 2026

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?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $525/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

Gross yield if leased at the suburb aggregate is 2.0%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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

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.”

Read more

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

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.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • 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?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). 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

    Unknown

    Development applications have not been queried for this parcel.

  • 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

Karuah in one glance

Karuah at a glance

2,583

People

$705,000

Median sale

$525/wk

Median rent

3.87%

Suburb gross yield

Median sale from 17 recorded sales (last 12 months) — a Districts calculation.

See the full Karuah report →

Keep researching

  • Why Karuah? Read the area thesis →
  • What else is on the market in Karuah →
  • Other records on Franklin St →

Listing material

Listed by Myall Coast Realty

Stunning 6-Bedroom Family Home with Water Views in Karuah

Spacious Living, Tranquil Surroundings & Convenient Location

Discover this beautifully constructed 6-bedroom residence, perfectly positioned in the heart of Karuah village. Boasting breathtaking views of the picturesque Karuah River and adjacent wetland areas, this home offers the ideal blend of privacy, tranquillity, and convenience.

• Six generously sized bedrooms, including one downstairs-perfect for guests or a teenage retreat

Read the full description

• Light-filled upstairs with four bedrooms; master features a private ensuite

• Main bathroom upstairs equipped with bath, shower and toilet

• Open plan kitchen, lounge and dining area, seamlessly designed for family gatherings

• Ducted air conditioning upstairs for year-round comfort

• Single, walk-through garage plus a drive-through, high-clearance carport-ideal for multiple vehicles or a boat

• Downstairs includes a retreat with its own bathroom plus laundry facilities

• Well by established fruit trees, adding to the charm and appeal

• Private, secluded setting within walking distance to local shops and the town centre

• Perfect as a holiday home or spacious family residence

Don't miss your chance to secure this exceptional property offering serene water views, ample space, and a peaceful lifestyle.

Contact us today to arrange your inspection!

Listing description written by Kirsten Adam, Myall Coast Realty — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Living Areas: 2
  • Toilets: 3
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.