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NSW › Castle Cove › Deepwater Rd

197 Deepwater Rd, Castle Cove NSW 2069

House

$2,785,000

Last sold

8 June 2019

5

Bedrooms

2

Bathrooms

2

Car spaces

948.5 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 $2,785,000 (8 June 2019).(Recorded sale)
  • FactLand 949 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Castle Cove (last 5 years) with land size: median $4,428/m² of land (n=18). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned Environmental Living (C4) under the Willoughby Local Environmental Plan 2012.(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

What this lot has actually traded at

Last sold

$2,785,000

8 June 2019 · derived via latest_sale

Local land rate: recorded House sales in Castle Cove (last 5 years) with land size have a median of $4,428/m² of land (n=18). Districts calculation from recorded sales — not a valuation.

Castle Cove at a glance

2,661

People

No data

Median sale

$1,469/wk

Median rent

No data

Suburb gross yield

See the full Castle Cove report →

Planning

Planning and development

Planning scheme

Willoughby Local Environmental Plan 2012

Zone

Environmental Living

C4

Jurisdiction

Willoughby

Willoughby, NSW

Planning overlays

  • heightDetected
  • heritageNot detected

Planning constraints

  • 448.5

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: 102145565

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. Sold$2,785,0008 June 2019
  2. Listedprice unknowncompleted29 Apr 2019
  3. Listedprice unknowncompleted29 Apr 2019
  4. Soldprice unknown20 Feb 2015
  5. Listedprice unknowncompleted1 Jan 2001
  6. Listedprice unknowncompleted1 Jan 2001

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 Environmental Living · C4 (Willoughby Local Environmental Plan 2012). Official parcel area about 962 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. 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 $1,469/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

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.”

Read more

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

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 Environmental Living · C4 (Willoughby Local Environmental Plan 2012). Official parcel area about 962 m². Dual occupancy is not confirmed from the controls loaded for this lot. 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 962 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

Castle Cove in one glance

Castle Cove at a glance

2,661

People

No data

Median sale

$1,469/wk

Median rent

No data

Suburb gross yield

See the full Castle Cove report →

Keep researching

  • Why Castle Cove? Read the area thesis →
  • What else is on the market in Castle Cove →
  • Other records on Deepwater Rd →

Listing material

Listed by McGrath Castle Cove

Idyllic Family Home with Expansive Water Views

Listen to the birds sing as you gaze across serene Sugarloaf Bay.

Stylishly renovated for contemporary living this exceptional family home exudes charm and easy elegance throughout.

Nestled above bushland and accessed via a private road the home enjoys expansive water views across Middle Harbour from both floors.

Read the full description

Perfectly proportioned, the enviable layout, which includes multiple alfresco areas, provides ideal spaces for entertaining both indoors and out.

Entering through beautifully manicured gardens you are greeted by a classic interior with bespoke designer touches including brass hardware, handcrafted lighting and wallpaper, and a stunning bespoke fuchsia stair runner.

French patterned limestone tiles blend seamlessly into the lime-washed American oak floors that flow through the living and dining areas.

A gas fire with a raw finished surround serves as an edgy centrepiece to the light filled lounge that includes an inbuilt television and cabinetry.

The well thought out kitchen features CaesarStone benchtop with island seating and high-end European appliances including an induction cooktop and double ovens.

Double French doors lead onto the deck and the oversized pool that sits magically overlooking the headland of Harold Reid Reserve.

The travertine entertaining terrace links with the covered alfresco area complete with built-in BBQ and fridge.

French doors open onto a bay windowed media room or fifth bedroom.

This clever configuration allows you to create the perfect teenage retreat, kids playroom or guest bedroom according to your needs.

Upstairs an elegant hallway with a convenient study nook leads to four bright bedrooms, each with their own distinct water view and woollen carpets underfoot.

A spacious travertine terrace accessed from three bedrooms provides a quiet retreat on a sunny afternoon.

Reverse cycle air conditioning and abundant storage spaces ensure that your home is always comfortable and free of clutter.

Both the master bedroom ensuite and main bathroom include an oversized shower, encaustic floor tiles and stone washbasins.

The powder room, discreetly located downstairs off the main living areas, features locally designed Shibori wallpaper and custom antique vanity.

The deep storage cupboard can easily be converted into a shower with plumbing already in situ.

Gentle stairs lead past the pool to an expansive, fully fenced native garden complete with fire pit and a large paved area perfect for the kids trampoline or basketball hoop.

The huge block, at 948sqm (approx.), also provides the opportunity for further development (STCA).

This whisper quiet yet ultra-convenient location is close to the local golf course, tennis courts and bushland walks.

Easy access to buses for Sydney CBD, North Sydney and Chatswood.

Castle Cove Primary school is serviced by the local bus with a stop close by on Deepwater Road.

This property sits within the Willoughby Girls High School catchment area.

Listing description written by Craig Ireson, McGrath Castle Cove — 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.