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NSW › Kareela › Garnet Rd

173 Garnet Rd, Kareela NSW 2232

For saleHouse

$1,760,000

For sale

$1,760,000

Last sold

1 June 2024

4

Bedrooms

2

Bathrooms

2

Car spaces

626 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

This is on the market — is it worth your time?

Why this ask?

  • FactListed for sale — no asking price recorded(Listing record · 29 July 2026)
  • FactLand 626 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Kareela (last 5 years) with land size: median $2,678/m² of land (n=61). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationIf it leased at Kareela's advertised median rent ($1,133/wk), implied gross yield would be 3.35% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

  • FactZoned Low Density Residential (R2) under the Sutherland Shire Local Environmental Plan 2015.(NSW ePlanning Spatial Viewer · 1 Sept 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

The ask against the evidence

Asking

$1,760,000

1 June 2024 · derived via latest_sale

Local land rate: recorded House sales in Kareela (last 5 years) with land size have a median of $2,678/m² of land (n=61). Districts calculation from recorded sales — not a valuation.

Kareela at a glance

3,667

People

$1,826,000

Median sale

$1,133/wk

Median rent

3.23%

Suburb gross yield

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

See the full Kareela report →

Vs Kareela

-3.6%

Median sale

Suburb $1,826,000

+0.12 pp

Gross yield

Suburb 3.23%

Suburb median $1,826,000 from 17 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,760,000
Stamp Duty (New South Wales)
$78,812
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
$1,842,679

$82,679 on top of the price (4.7% 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 Kareela's advertised median rent — not a rent for this listing.

Net yield
1.85%
Annual cashflow (pre-tax)
$-59,004
Interest cover (DSCR)
0.36
Annual rent
$58,916
Operating expenses
$26,400
Loan amount
$1,408,000
Annual interest
$91,520
Gross yield
3.35%

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 scheme

Sutherland Shire Local Environmental Plan 2015

Zone

Low Density Residential

R2

Jurisdiction

Sutherland

Sutherland, NSW

Planning overlays

  • heightDetected
  • heritageNot detected

Planning constraints

  • 98.5

Development activity

Data unavailable

Source

  • Provider: NSW ePlanning Spatial Viewer
  • Dataset: Planning Portal Principal Planning — Land Zoning Map
  • Retrieved: 1 Sept 2026
  • Version: 1
  • Parcel: 101195722

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 1 Sept 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.

Records

Property history

  1. Listedprice unknownavailable29 July 2026
  2. Sold$1,760,0001 June 2024
  3. Listedprice unknowncompleted8 May 2024
  4. Listedprice unknowncompleted8 May 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 (Sutherland Shire Local Environmental Plan 2015). Official parcel area about 633 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 $1,133/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 (Sutherland Shire Local Environmental Plan 2015). Official parcel area about 633 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.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned Low Density Residential · R2 (Sutherland Shire Local Environmental Plan 2015). Official parcel area about 633 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 633 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

    Unknown

    No DA adapter returned applications 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

Kareela in one glance

Kareela at a glance

3,667

People

$1,826,000

Median sale

$1,133/wk

Median rent

3.23%

Suburb gross yield

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

See the full Kareela report →

Keep researching

  • Why Kareela? Read the area thesis →
  • What else is on the market in Kareela →
  • Other records on Garnet Rd →

Listing material

Listed by One Agency The Shire Menai

IMMACULATELY MAINTAINED FAMILY HOME & LOW DENSITY R2 ZONING

This impeccably maintained family home occupies a generous 626sqm (approx.) corner block with a prized north-facing rear aspect. Lovingly cared for over the years, it presents an outstanding opportunity to move straight in and enjoy while offering space, versatility and future potential.

Designed for comfortable family living, the flexible floorplan features expansive open-plan living, a beautifully updated kitchen and multiple indoor and outdoor entertaining areas. The lower-level family room provides the option of a fourth bedroom, home office or teenage retreat, while the enclosed north-facing sunroom is perfect for year-round enjoyment.

Property Features:

Read the full description

- Expansive open plan living and dining areas flowing throughout the home

- Three generous bedrooms, all with built-in wardrobes

- Flexible lower-level family room with the option of a fourth bedroom, home office or guest accommodation

- Stylish high-gloss kitchen with quality modern appliances and generous eat-in meals area

- Fully enclosed north-facing sunroom, perfect for year-round entertaining

- Huge garage with additional carport providing ample undercover parking

- Extensive under-house storage with substantial fully paved sub-floor area

- Reverse cycle air conditioning, window shutters and eco-friendly rainwater tanks

- Child-friendly, fully fenced level backyard with a sunny north-facing aspect

- Generous 626sqm (approx.) corner block with a 15.24m frontage and dual street access

- Excellent transport options with easy access to Jannali Station, Westfield Miranda and surrounding

Complete with exceptional garaging, extensive storage and beautifully maintained grounds, this is a quality home in one of Kareela's most convenient and tightly held locations.

WILL BE SOLD

Listing description written by Adam Wylie, One Agency The Shire Menai — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Built-in Robes
  • Deck
  • Dishwasher
  • Fully Fenced
  • Living Areas: 2
  • Remote Garage
  • Rumpus Room
  • Secure Parking
  • Toilets: 2
  • Water Tank
  • Workshop
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.