Banksia at a glance
3,714
People
$1,855,000
Median sale
$750/wk
Median rent
2.10%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
3
Bedrooms
2
Bathrooms
1
Car spaces
569 m²
Land
Districts View
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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Banksia (last 5 years) with land size have a median of $4,220/m² of land (n=51). Districts calculation from recorded sales — not a valuation.
Banksia at a glance
3,714
People
$1,855,000
Median sale
$750/wk
Median rent
2.10%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning scheme
Bayside Local Environmental Plan 2021
Zone
Low Density Residential
R2
Jurisdiction
Bayside (NSW)
Bayside (NSW), NSW
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.
The official layer maps a heritage listed area touching the boundary of this parcel — at the edge, not across it (NSW ePlanning Spatial Viewer, retrieved 31 Aug 2026). Verify the mapped extent against the title before relying on it either way — this is not an all-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
NSWZoned Low Density Residential · R2 (Bayside Local Environmental Plan 2021). Official parcel area about 554 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.
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
No advertised rent is recorded. Suburb median rent $750/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
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 (Bayside Local Environmental Plan 2021). Official parcel area about 554 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.
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
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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned Low Density Residential · R2 (Bayside Local Environmental Plan 2021). Official parcel area about 554 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
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?
KnownmediumNo 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
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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
Banksia at a glance
3,714
People
$1,855,000
Median sale
$750/wk
Median rent
2.10%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White RockdaleSet behind a lush front garden and a classic sandstone façade, this beautifully preserved and tastefully updated circa-1925 residence offers a rare combination of heritage charm and modern comfort. Brimming with natural light, the home features three spacious bedrooms, roof space storage, a versatile studio retreat, and a multi-level garden oasis perfect for entertaining.
Nestled in the heart of Banksia, the property enjoys a prime location just a short stroll from public transport, local schools, and the suburb's shopping precinct-ideal for both growing and established families.
Property Highlights
Three generously sized bedrooms: The main bedroom showcases charming bay windows overlooking the front garden and includes a built-in wardrobe. The second bedroom features a double built-in wardrobe and ornate ceiling details. The third bedroom offers flexibility for guests, children, or a home office.
Two stylish bathrooms: The main bathroom evokes a spa-like atmosphere with a separate shower and bath, slate tiling, and skylight. The second bathroom includes a sleek standalone shower, vanity and toilet.
Spacious living areas: The lounge room boasts a working fireplace, gas bayonets, custom stained-glass windows, ornate picture rails, ceiling fans, and skylights, all creating a warm, inviting atmosphere. The dining room, bathed in natural light, features oversized windows with serene garden views and flows seamlessly into the kitchen.
Well-appointed kitchen: Complete with slate flooring, granite benchtops, abundant storage, and a five-burner gas cooktop-perfect for home chefs and entertainers alike.
Outdoor living: The multi-level rear garden is filled with mature greenery, including mandarin, pear, and two mango trees, plus a stunning fiddle leaf fig. Enjoy alfresco living with a decked entertaining area.
Studio Retreat: which doubles as a home office or retreat.
Versatile roof storage: features a generous area complete with a window and lighting, offering views over the rear garden.
Additional features: European-style internal laundry, single-car lock-up garage with mezzanine storage, cellar access beneath the house, fly screens, back-to-base security alarm, underfloor ventilation system and rainwater tank which can be used to water the gardens. The home also has double-glazed, soundproofed twist-and-turn windows to provide year-round comfort.
Auction: Monday 2nd June, 6:30pm at Kogarah Clubhouse with registrations from 6pm
Listing description written by Nicholas Economos, Ray White Rockdale — reproduced as published, not verified by Districts.