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NSW › Greystanes › Old Prospect Rd

165A Old Prospect Rd, Greystanes NSW 2145

House

$1,100,000

Last sold

11 Apr 2024

4

Bedrooms

1

Bathrooms

3

Car spaces

556 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 $1,100,000 (11 Apr 2024).(Recorded sale)
  • FactLand 556 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Greystanes (last 5 years) with land size: median $2,607/m² of land (n=87). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned Low Density Residential (R2) under the Cumberland 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

$1,100,000

11 Apr 2024 · derived via latest_sale

Local land rate: recorded House sales in Greystanes (last 5 years) with land size have a median of $2,607/m² of land (n=87). Districts calculation from recorded sales — not a valuation.

Greystanes at a glance

23,197

People

$1,500,000

Median sale

$734/wk

Median rent

2.54%

Suburb gross yield

Median sale from 102 recorded sales (last 12 months) — a Districts calculation.

See the full Greystanes report →

Vs Greystanes

-26.7%

Median sale

Suburb $1,500,000

+0.93 pp

Gross yield

Suburb 2.54%

Suburb median $1,500,000 from 102 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

Cumberland Local Environmental Plan 2021

Zone

Low Density Residential

R2

Jurisdiction

Cumberland

Cumberland, 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: 103097809

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. Sold$1,100,00011 Apr 2024
  2. Listedprice unknowncompleted5 Mar 2024
  3. Listedprice unknowncompleted5 Mar 2024

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 (Cumberland Local Environmental Plan 2021). Official parcel area about 564 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 $734/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 (Cumberland Local Environmental Plan 2021). Official parcel area about 564 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 (Cumberland Local Environmental Plan 2021). Official parcel area about 564 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

    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

Greystanes in one glance

Greystanes at a glance

23,197

People

$1,500,000

Median sale

$734/wk

Median rent

2.54%

Suburb gross yield

Median sale from 102 recorded sales (last 12 months) — a Districts calculation.

See the full Greystanes report →

Keep researching

  • Why Greystanes? Read the area thesis →
  • What else is on the market in Greystanes →
  • Other records on Old Prospect Rd →

Listing material

Listed by Blueprint Property

UNLIMITED POTENTIAL!

This exceptional property features a spacious four bedroom home on a expansive 556sqm parcel of land, offering the perfect canvas for the astute investor looking to add value or those with a vision to craft their dream home.

Perfectly located in close proximity to both Greystanes Shopping Centre and Pemulwuy Marketplace, several esteemed schools, parks and robust transport links, ensures convenience and accessibility. With unlimited possibilities, this property invites you to unlock its hidden potential.

Available with vacant possession or as a tenanted investment, the property also features a double carport and out building currently grossing a total rental of $940/Week. Representing a great return on your investment whilst you await development/building approvals.

Read the full description

- Ideal, rear north facing, 556sqm block with an impressive 20+ metre frontage for versatile building options

- The ideal canvas for your dream home or redevelop (STCA)

- Prime Location with R2 Residential Zoning under Cumberland Council

- In close proximity to local schools, shops and transportation links

- Easy access to M4 & M7 Motorways

Location Highlights:

180m to Our Lady Queen of Peace Catholic Primary School

450m to Cumberland Country Gold Club

850m to M4 Motorway

1.2kms to Ringrose Public School

1.5kms to Greystanes Shopping Centre

1.7kms to Pemulwuy Marketplace Shopping Centre

2.0kms to Greystanes Public School

2.3kms to Pendle Hill Railway Station

5.1kms to Westmead Health Precinct

5.8kms to Parramatta CBD

Council Rates: $633 per quarter

Water Rates: $175 per quarter

Land Size: 556.4sqm

Current Rent: $940/Week

For further details and to arrange an inspection please contact Anthony Malek or Lebba Khater.

All information has been provided to Blueprint Property by third parties. We use our best endeavors to ensure that all the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements. Prospective tenants/buyers should make their own enquiries to verify the information contained therein. All information displayed is current at the time of issue, but may change at any time.

Listing description written by Lebba Khater, Blueprint Property — reproduced as published, not verified by Districts.

Property features

  • Floorboards
  • Fully Fenced
  • Shed
  • Toilets: 1
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.