Swansea at a glance
4,986
People
$1,160,800
Median sale
$602/wk
Median rent
2.70%
Suburb gross yield
Median sale from 45 recorded sales (last 12 months) — a Districts calculation.
NSW › Swansea › Richards Rd
$650,000
Last sold
9 Apr 2024
2
Bedrooms
1
Bathrooms
1
Car spaces
347 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
$650,000
9 Apr 2024 · derived via latest_sale
Local land rate: recorded House sales in Swansea (last 5 years) with land size have a median of $1,745/m² of land (n=128). Districts calculation from recorded sales — not a valuation.
Swansea at a glance
4,986
People
$1,160,800
Median sale
$602/wk
Median rent
2.70%
Suburb gross yield
Median sale from 45 recorded sales (last 12 months) — a Districts calculation.
Vs Swansea
-44.0%
Median sale
Suburb $1,160,800
+2.12 pp
Gross yield
Suburb 2.70%
Suburb median $1,160,800 from 45 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 $602/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
Swansea at a glance
4,986
People
$1,160,800
Median sale
$602/wk
Median rent
2.70%
Suburb gross yield
Median sale from 45 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by SOLD Real EstateWhether you are starting out, slowing down or investing on a tight budget, this is the most well priced, fabulous property option going in all of Swansea.
This is an effortlessly easy, level walk to the excellent shopping district in Swansea, where you'll find cafes, supermarkets, a post office, a library, and a wide array of medical, accounting, and legal services readily available.
It's also a straightforward, flat walk or bike ride to both Caves Beach Primary and Swansea High schools, with the added convenience of a top-notch preschool located directly in the street, eliminating the need for crossing the highway, which enhances safety for kids and scooter users alike.
This budget-friendly, attractively presented, and thoughtfully updated single level home, with its low-maintenance, easy-care setup and a light, airy, fresh interior, along with a front carport & carport converted into a garage and additional parking from the curved corner like position, will undoubtedly check every box on your list!
Highly popular, Swansea offers something for everyone and is a sought after lifestyle destination. We regularly sell knock downs and 2 bedrooms homes for well over $1,000,000 here, so to pick up a brick and tile property, with its own yard, for potentially under $750,000 is great buying.
• East-facing undercover deck with views of greenery for peaceful outdoor living.
• Ideal northeast orientation ensures cool breezes in summer and warmth in winter.
• Exceptional privacy and scenic outlooks rarely found at this price.
• Newly installed front lawn and firepit, designed for enchanting evening gatherings.
• Landscaped for privacy yet requiring minimal maintenance for ease of living.
• Spacious, light-filled living room that welcomes abundant sunshine.
• Upgrades include new air conditioning, ceiling fans, and fresh interior paint.
• Large open living area boasts hard-wearing tiled flooring for durability and style.
• Open-concept kitchen with views to living spaces and the outdoors, perfect for hosting.
• Kitchen features neutral tones, ample storage, and plenty of cupboard space.
• Large main bedroom with built-ins and a greenery reserve outlook across the road.
• Second bedroom with built-ins; + converted carport holds potential for a 3rd bedroom if filled in or extra living
• Laundry hallway leads to a bathroom with bath, shower, & separate toilet for functionality.
• Home equipped with a new heat pump hot water system, a carport + lock up carport.
• Flat & fully fenced sunny backyard offers a safe play area for kids or pets.
• An easy investment choice with potential for growth; a 'set and forget' property.
• Ideal opportunity for market entry, perfect for first-time buyers or those downsizing.
• Conveniently located a short walk from the local park, enhancing community living.
Whether you're looking for a solid investment, a delightful holiday home, or simply a place to retire and relax, this is where your search ends.
Act now to secure this property and watch as your investment grows, not just in value, but in the quality of life it provides.
Listing description written by Shanti Page, SOLD Real Estate — reproduced as published, not verified by Districts.