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NSW › Lewisham › Vernon St

17 Vernon St, Lewisham NSW 2049

House

$5,150,000

Last sold

1 Dec 2023

4

Bedrooms

3

Bathrooms

3

Car spaces

1,543 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 $5,150,000 (1 Dec 2023).(Recorded sale)
  • FactLand 1,543 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Lewisham (last 5 years) with land size: median $7,722/m² of land (n=38). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned Low Density Residential (R2) under the Inner West Local Environmental Plan 2022.(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

$5,150,000

1 Dec 2023 · derived via latest_sale

Local land rate: recorded House sales in Lewisham (last 5 years) with land size have a median of $7,722/m² of land (n=38). Districts calculation from recorded sales — not a valuation.

Lewisham at a glance

4,294

People

$2,410,000

Median sale

$731/wk

Median rent

1.58%

Suburb gross yield

Median sale from 14 recorded sales (last 12 months) — a Districts calculation.

See the full Lewisham report →

Vs Lewisham

+113.7%

Median sale

Suburb $2,410,000

-0.84 pp

Gross yield

Suburb 1.58%

Suburb median $2,410,000 from 14 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

Inner West Local Environmental Plan 2022

Zone

Low Density Residential

R2

Jurisdiction

Inner West

Inner West, NSW

Planning overlays

  • heightDetected
  • heritageNot detected

Planning constraints

  • 469.5

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: 102870847

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$5,150,0001 Dec 2023
  2. Listedprice unknowncompleted25 Oct 2023
  3. Listedprice unknowncompleted25 Oct 2023

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 (Inner West Local Environmental Plan 2022). Official parcel area about 1,546 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 $731/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 (Inner West Local Environmental Plan 2022). Official parcel area about 1,546 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 (Inner West Local Environmental Plan 2022). Official parcel area about 1,546 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 1,546 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

Lewisham in one glance

Lewisham at a glance

4,294

People

$2,410,000

Median sale

$731/wk

Median rent

1.58%

Suburb gross yield

Median sale from 14 recorded sales (last 12 months) — a Districts calculation.

See the full Lewisham report →

Keep researching

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

Listing material

Listed by CobdenHayson Annandale

Grand Victorian landmark on 1543sqm

Undoubtedly one of Lewisham's most significant landholdings, this gracious freestanding Victorian home embodies all the elegance of a bygone era, retaining a host of original details for a timeless appeal. A wonderful environment for family living, it's nestled among expansive gardens of a scale rarely seen in the area, complete with a tennis court and oasis-like pool creating a sense of sanctuary. Comfortable and generously proportioned, this residence lends itself to further enhancement and with its 1,543sqm block and 20.3 metre frontage, the peerless property has some development potential worth exploring (STCA). Set on a wide, leafy, peaceful street, it's ideally located just an easy stroll to the best that the Inner West has to offer, including Marrickville Park, Lewisham Public School, Lewisham Station, Marrickville's trendy café culture and Petersham village.

- 4 large bedrooms, main with oversized ensuite and spa

- Stately formal lounge/dining with marble fireplace

Read the full description

- Huge rumpus room, sun-soaked atrium-style meals area

- Open-plan solid timber kitchen and casual dining space

- Exceptionally rare tennis court and resort-style pool

- Lush landscaped garden sanctuary dotted with palms

- Covered tandem carport plus additional off-street parking

- Original fireplaces found throughout, soaring ceilings

- Stained glass windows and front door, picture rails

- Original tessellated tiled wraparound front verandah

- Enormous attic storage space, shed for garden storage

- Short walk to Dulwich Hill village cafes and supermarket

- Close to a variety of bus routes for easy connectivity

Listing description written by Alex Mastoris, CobdenHayson Annandale — 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.