Padstow Heights at a glance
3,605
People
$1,570,000
Median sale
$874/wk
Median rent
2.89%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
NSW › Padstow Heights › Castle Pl
$1,463,500
Last sold
21 Mar 2026
4
Bedrooms
2
Bathrooms
4
Car spaces
607 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
$1,463,500
21 Mar 2026 · derived via latest_sale
Local land rate: recorded House sales in Padstow Heights (last 5 years) with land size have a median of $2,486/m² of land (n=58). Districts calculation from recorded sales — not a valuation.
Padstow Heights at a glance
3,605
People
$1,570,000
Median sale
$874/wk
Median rent
2.89%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
Vs Padstow Heights
-6.8%
Median sale
Suburb $1,570,000
+0.22 pp
Gross yield
Suburb 2.89%
Suburb median $1,570,000 from 23 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 $874/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
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 (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.
Area
Padstow Heights at a glance
3,605
People
$1,570,000
Median sale
$874/wk
Median rent
2.89%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White BankstownPositioned in a quiet cul-de-sac within a peaceful, family-friendly pocket, this solid brick veneer residence offers flexibility, space and long-term potential in a highly central location. Just moments from Padstow and Revesby, close to Illawong and Alfords Point, and within easy reach of both Hurstville and Bankstown CBDs, the home delivers privacy without sacrificing convenience.
Designed to accommodate large families or multi-generational living, the property can function as one expansive home or be configured as two separate two-bedroom accommodations.
The main residence features a formal living area complete with a bar, flowing through to a separate formal dining room and an original kitchen presented in pristine condition for its age, complete with a walk-in pantry. From the kitchen, step out to a rear porch with stairs leading down to the backyard. This level also offers two bedrooms with built-in wardrobes, ducted air conditioning, a linen closet, and a spacious two-way bathroom with shower, separate bathtub, bidet and separate toilet. At the front of the home, an elevated balcony and porch provide a pleasant outlook over the street.
The secondary accommodation provides excellent privacy and flexibility, ideal for in-law children or extended family. It includes its own kitchenette with ample storage, separate living and dining area, private access to the backyard, powder room and additional toilet. Upstairs, there are two generous bedrooms with built-in wardrobes and balcony access, a landing area, and a full bathroom with a shower and toilet. Please note the upstairs balcony requires attention and will not be accessible during open inspections.
On the ground level, the home continues to impress with a double garage accessible from the driveway, which also allows off-street parking for two additional vehicles. There is extensive under-house storage, a separate workshop, a billiards or games room with sliding door access to the backyard, a bar area ideal for entertaining, and a separate laundry with external access and an additional toilet.
Set on a generous parcel in a tightly held street, the property also presents future development potential subject to council approval.
Whether you are searching for a spacious family home, a blank canvas ready to renovate and personalise, or a unique investment with genuine dual income potential, this is an opportunity not to be missed. 2 Castle Place offers flexibility, space and future upside in one of Padstow Heights' most desirable and convenient locations.
Listing description written by Joshua Nassif, Ray White Bankstown — reproduced as published, not verified by Districts.