Rathmines at a glance
2,133
People
$890,000
Median sale
$719/wk
Median rent
4.20%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
NSW › Rathmines › Overhill Rd
$780,000
Last sold
2 May 2024
3
Bedrooms
1
Bathrooms
4
Car spaces
778 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
$780,000
2 May 2024 · derived via latest_sale
Local land rate: recorded House sales in Rathmines (last 5 years) with land size have a median of $1,261/m² of land (n=44). Districts calculation from recorded sales — not a valuation.
Rathmines at a glance
2,133
People
$890,000
Median sale
$719/wk
Median rent
4.20%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
Vs Rathmines
-12.4%
Median sale
Suburb $890,000
+0.59 pp
Gross yield
Suburb 4.20%
Suburb median $890,000 from 9 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data unavailable because the official parcel could not be resolved
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.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as 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
NSWZoning is not available (invalid_geometry). 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.
Official flood overlay has not been retrieved (invalid_geometry). 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
No advertised rent is recorded. Suburb median rent $719/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
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.”
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
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
UnknownZoning is not available (invalid_geometry).
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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (invalid_geometry). 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
Rathmines at a glance
2,133
People
$890,000
Median sale
$719/wk
Median rent
4.20%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Century 21 GalleryA well presented compact 80's built brick and tile single level cottage comprising three bedrooms, master robe, ceiling fans, double hung windows, air conditioning and an open plan kitchen come dining and lounge area. The property is dual occupancy capable (STCA) with a 20 metre street frontage on a 778m2 gently sloping block (refer aeriel photographs showing the adjoining dual occupancy property). Clients looking for more living space can negotiate with the vendor (licenced concrete contractor) an additional building spec slab measuring 6 metres by 5 metres that could be installed at the rear of the living room allowing the purchaser at their own cost to install an all weather Queensland room which would effectively double the living space of the house.
A recently completed double width concrete drive leads to a new commercial three bay 12 metre x six metre high roof steel shed with two three metre door openings idealy suited to tradies or the best man cave in town.
The property is adjacent to the 50 hectare historic Rathmines heritage listed Catalina Parkland & is metres away from the Styles Point deep water concrete boat ramp, the best kept secret in town. The waterfront walkway takes you to the many activities in the parkland including the Memorial Catalina Bowling Club & restaurant, a protected 50 Ha parkland with a water frontage stretching 2,600 metres along the western shores of Lake Macquarie with walking trails, boat ramps, deep water overnight mooring wharf, electric B-B-Q facilities, kids play area, tennis club, local theatre, art groups and public transport to the rail along with an easy flat 5 minute walk to the local shopping centre which includes 3 restaurants, medical centre, physiotherapist, pharmacy, IGA, post office, newsagent, pet grooming centre & bottle shop.
BAYSWATER ................ The original suburb of Bayswater adjoined the RAAF Catalina Base during the war years of 1939-1945 and now forms part of the suburb of Rathmines. A sleepy lakeside village on the western shores of Lake Macquarie it is currently experiencing a major transformation in residential development, Century 21 Gallery have this month for example sold 9 Hillcrest Avenue back away from the waterfront at a staggering $1.3 million.
Listing description written by Michael Hart, Century 21 Gallery — reproduced as published, not verified by Districts.