Karuah at a glance
2,583
People
$705,000
Median sale
$525/wk
Median rent
3.87%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
NSW › Karuah › Memorial Dr
$950,000
Last sold
23 Apr 2024
3
Bedrooms
2
Bathrooms
4
Car spaces
556 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
$950,000
23 Apr 2024 · derived via latest_sale
Local land rate: recorded House sales in Karuah (last 5 years) with land size have a median of $1,158/m² of land (n=43). Districts calculation from recorded sales — not a valuation.
Karuah at a glance
2,583
People
$705,000
Median sale
$525/wk
Median rent
3.87%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Vs Karuah
+34.8%
Median sale
Suburb $705,000
-1.00 pp
Gross yield
Suburb 3.87%
Suburb median $705,000 from 17 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 $525/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
Karuah at a glance
2,583
People
$705,000
Median sale
$525/wk
Median rent
3.87%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Steve Bates Real EstateWelcome to a once-in-a-lifetime opportunity that defines the epitome of waterside living! Nestled in close proximity to the boat ramp, this extraordinary property transcends the ordinary, offering a lifestyle that dreams are made of. What sets this residence apart is not just the picturesque riverside locale, but the rare dual occupancy feature, presenting you with the versatility of two distinct dwellings on a conveniently positioned corner block. This unique gem stands as an unparalleled opportunity, an invitation to embrace a lifestyle that seamlessly combines comfort, convenience, and the undeniable charm of waterside living. Don't miss out on the chance to make this exceptional property yours!
Key Features:
- Main dwelling sprawled across to levels
- Downstairs offers two living spaces, an office, powder room, laundry and two covered alfresco areas, both overlooking over the sparkling waters of the Karuah River
- Double length lock up garage
- Upstairs boasts open plan living, dining and kitchen. The highlight of the main living quarters are the thoughtfully designed array of floor to ceiling windows capturing the water views from almost every angle
- For all year round comfort there is a combustion fire, ceiling fans and reverse cycle air conditioning in the main living area
- Main bedroom provides two built-in robes, reverse cycle air con and a ceiling fan
- Second bedroom provides a built-in robe and ceiling fan
- Two covered alfresco areas at each end of the living spaces grants buyers every opportunity to enjoy the views
A covered area connects the main residence to the self-contained granny flat
- The granny flat boasts one spacious bedroom equipped with a walk-in robe, reverse cycle air conditioning and ceiling fan
- All in one main bathroom with direct access from the bedroom
- Fantastic open plan living, dining and kitchen flowing out on a large covered deck area with expansive water views
- Double lock up garage and under cover storage
This meticulously designed property has been crafted with a keen eye for capturing breathtaking views from multiple angles. The thoughtful planning extends beyond the interiors, as the abundance of outdoor living spaces offers prospective buyers every opportunity to indulge in the expansive vistas that surround. This residence is not merely a house; it is a gift from the current owners to their successors – a forever home where every detail has been considered to ensure a life filled with comfort, luxury, and unparalleled views. Seize the chance to make this extraordinary property your own, where thoughtful design meets timeless elegance.
- Council and Water Rates: Approximately: $2,412 per annum
-Rental Appraisal:
Main Dwelling: $495 - $520 per week
Second Dwelling: $395 - $420 per week
Combined: $850 - $895 per week
- Land size: 556sqm
- Expression of Interest close 9am Monday 8th April 2024
The vendor reserves the right to accept an offer before the conclusion of the expressions of interest period.
This information has been provided to us by third parties and we do not accept responsibility for its accuracy. You should make your own enquiries and check the information so as to determine whether or not this information is in fact accurate. You must make your own assessment and obtain professional advice is necessary.
Listing description written by Lauren Hair, Steve Bates Real Estate — reproduced as published, not verified by Districts.