Reynella at a glance
4,961
People
$853,000
Median sale
$595/wk
Median rent
3.63%
Suburb gross yield
Median sale from 32 recorded sales (last 12 months) — a Districts calculation.
$475,000
Last sold
3 Apr 2022
3
Bedrooms
1
Bathrooms
2
Car spaces
690 m²
Land
123 m²
Building
Districts View
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
$475,000
3 Apr 2022 · derived via latest_sale
Local land rate: recorded House sales in Reynella (last 5 years) with land size have a median of $1,149/m² of land (n=125). Districts calculation from recorded sales — not a valuation.
Reynella at a glance
4,961
People
$853,000
Median sale
$595/wk
Median rent
3.63%
Suburb gross yield
Median sale from 32 recorded sales (last 12 months) — a Districts calculation.
Vs Reynella
-44.3%
Median sale
Suburb $853,000
+2.88 pp
Gross yield
Suburb 3.63%
Suburb median $853,000 from 32 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
SAPlanning 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.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $595/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. Nearby development applications are not loaded. This lot’s own applications are a separate question. 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. Net yield / holding costs are not estimated outside NSW without inventing land tax.
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
Reynella at a glance
4,961
People
$853,000
Median sale
$595/wk
Median rent
3.63%
Suburb gross yield
Median sale from 32 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Magain Real EstateTravis Denham & Chanelle Zadey, welcome to the market, 2 Cheam Drive, Reynella.
Situated in a quiet and peaceful pocket of Reynella, this three bedroom home offers so much potential. Positioned on a 690sqm (approx.) block, a spacious and versatile floorplan including two separate living areas, not to mention the exceptionally convenient location - first home buyers, investors and growing families simply cannot afford to miss out on adding this property to their portfolio.
Stepping into the home, you are greeted with a charming entry. To the left, you will find the front living area which benefits from sliding door access to a private courtyard; the ideal spot to enjoy your morning coffee and read the newspaper. Adjacent the living we find the kitchen which boasts warm timber tones and features an abundance of bench, cupboard and drawer space.
The three bedrooms can be found to the left of the home. The master bedroom spans a generous 3.60m x 4.00m and is complete with a large picture window that spills plenty of natural light into the space, a built-in robe and a ceiling fan. All bedrooms are in close proximity to the home's main bathroom, and for the delight of the growing family, there is a separate toilet.
The second living/dining creates a lot of versatility on how you would like to customise this home as per your preference. Whether it be an additional entertaining area, parents retreat, children's play room or perhaps a home office space, it truly is up to you.
Delightful trees & shrubbery surround the home, providing privacy from the street & by-passers. There are two separate carports for undercover parking and for those with a 'green-thumb', there is a garden shed for safe storage of tools & garden equipment.
As for the location, there is no better place in the Southern Suburbs to live, entertain and raise a family. The property is in close proximity to Southgate Square, Woodcroft Town Centre, Reynella Medical Centre and a number of beautiful parks, reserves and schools; as well as easy access to the Southern Expressway - there is no doubt that this home is in an exceptionally convenient location.
Disclaimer: All floor plans, photos and text are for illustration purposes only and are not intended to be part of any contract. All measurements are approximate and details intended to be relied upon should be independently verified.
Listing description written by Travis Denham, Magain Real Estate — reproduced as published, not verified by Districts.
Nearby development applications are not loaded. This lot’s own applications are a separate question.
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
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.