Picnic Point at a glance
6,663
People
$1,750,000
Median sale
$1,037/wk
Median rent
3.08%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
NSW › Picnic Point › Eileen St
$1,770,000
Last sold
10 Oct 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
308 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
$1,770,000
10 Oct 2025 · derived via latest_sale
Local land rate: recorded Semi-detached sales in Picnic Point (last 5 years) with land size have a median of $5,000/m² of land (n=23). Districts calculation from recorded sales — not a valuation.
Picnic Point at a glance
6,663
People
$1,750,000
Median sale
$1,037/wk
Median rent
3.08%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
Vs Picnic Point
+1.1%
Median sale
Suburb $1,750,000
-0.03 pp
Gross yield
Suburb 3.08%
Suburb median $1,750,000 from 37 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
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
NSWPlanning layers have not been retrieved for this property yet. 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 (pending). 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 $1,037/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
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownArea
Picnic Point at a glance
6,663
People
$1,750,000
Median sale
$1,037/wk
Median rent
3.08%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Property Place AgencySet within a peaceful cul-de-sac at the heart of popular Picnic Point is this brand-new four (4) bedroom elegant family home. Exhibiting expert craftsmanship with spacious interiors that exude a sense of refinement and tranquillity. This remarkable home boasts multiple living areas and a sparkling in-ground swimming pool, providing the perfect space to relax and unwind.
This calibre of home offers bespoke finishes with no expense spared on its quality inclusions. Featuring integrated appliances, stone surfaces, ducted air-conditioning, a Bosch alarm system, skylights, gold finishes, frameless glass showers and floor-to-ceiling tiling.
Attributes Include:
* 4 generously sized bedrooms all adorned with large mirrored built-in wardrobes
* Luxurious master suite complete with an ensuite, walk-in wardrobe & private balcony
* Open-plan design with multiple living areas, perfect for entertaining family & friends
* Bespoke kitchen with large stone island, 900mm gas cooktop, integrated bins & dishwasher
* Expansive butler's kitchen & dining area featuring a built-in buffet with matching stone benchtop
* Alfresco directly off the open-plan living space complete with cabinetry & an outdoor sink
* Sparkling in-ground swimming pool adjacent to a private & completely fenced grass backyard
* Second living area located upstairs equipped with a built-in bar area with bar fridge
* Spacious main bathroom featuring a freestanding bath & shower, plus powder room for guests
* Internal laundry room providing ample cabinetry for storage & finished with a stone benchtop
* Single garage with tiled flooring, automatic door, internal access & spacious long driveway
* Bosch alarm system, video intercom, ducted air-conditioning, LED lighting, skylights & gold finishes
* Quiet cul-de-sac position on a 308m2 block of land only 65m from Eileen Reserve (approx.)
* Short 650m walk to Panania Public School & 1.4km to Picnic Point Public School (approx.)
* Only 3-minutes from Lambeth Reserve on the Georges River (1.3km approx.)
* Just 4-minutes from Panania shopping village (1.7km approx.)
* Only 5-minutes to Panania Train Station (1.9km approx.)
For more information, please do not hesitate to contact the exclusive listing agents Dean Owsnett & Sarah Sevdalis.
Listing description written by Dean Owsnett, Property Place Agency — reproduced as published, not verified by Districts.
NSW 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 (pending). 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
UnknownDevelopment applications have not been queried 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.