Milperra at a glance
5,044
People
$1,570,000
Median sale
$950/wk
Median rent
3.15%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
NSW › Milperra › Newland Ave
$975,000
Last sold
15 May 2021
3
Bedrooms
1
Bathrooms
2
Car spaces
570 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
$975,000
15 May 2021 · derived via latest_sale
Local land rate: recorded House sales in Milperra (last 5 years) with land size have a median of $2,374/m² of land (n=67). Districts calculation from recorded sales — not a valuation.
Milperra at a glance
5,044
People
$1,570,000
Median sale
$950/wk
Median rent
3.15%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Vs Milperra
-37.9%
Median sale
Suburb $1,570,000
+1.92 pp
Gross yield
Suburb 3.15%
Suburb median $1,570,000 from 27 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 $950/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
Milperra at a glance
5,044
People
$1,570,000
Median sale
$950/wk
Median rent
3.15%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Oz Combined Realty Surry HillsStanding the test of time this three-bedroom brick veneer has been home to somebody’s family for over 60 years. Whilst it is probably sturdy enough to stand for another 60 years there is no denying it has seen better days.
In mostly original condition offering-
• 3 bedrooms, built in to main
• Split Cycle air conditioner to the main bedroom
• Separate w/c to the main bathroom
• Eat-in Kitchen
• Lounge room with 12-month new split cycle air conditioner
• Covered pergola area at the rear
• External Laundry and storage room
• Double tandem carport
• Large garden shed
If you look up the word potential in the dictionary you will see a picture of this once proud home. That is exactly what is on offer here - POTENTIAL! . For those who love a project and like to dive in at the deep end then this is for you. If you have been dreaming of building a new home and you don’t fancy driving to and from Badgerys Creek every day then warm up the bulldozer and alert the architect. This is a great building block.
If you are a bit more ambitious you might even try to squeeze a duplex on given it is a corner block. Better check with the council first. Subject to your own D.A and council approval.
Whatever your desire this is the perfect location to make the dream a reality. Generous-sized corner block with the easy build, gentle slope to the street. Opposite beautiful Newland Reserve with the lake inhabited by multitudes of birdlife and waterfowl. A lovely spot for a picnic or great for those with an early morning exercise regime. Walking track and well-maintained council exercise equipment all to be used at your leisure for free.
Milperra Public School and shopping center are 5 minutes walk, and the bus stop is basically at your doorstep. There is a golf driving range, putt-putt, and tennis courts with-in 12 minutes walk. Aldi, Wholesale food markets, Flower power, and several professional services all located within 3-5 minutes- drive. The prestigious Mount St Josephs high school and Western Sydney University are approximately 25 minutes walk, or if you are running a bit late the bus will get you there in less than ten.
Milperra is only minutes away from the M5 and gives easy access to other major road arteries so you can get to where you are going quickly. If you are into water sports the Georges River is minutes away offering some great fishing spots, picnic areas, and boat ramps.
So here it is, on offer for the first time in 27 years. Renovate and lease it and watch the capital growth. Renovate to suit your family and move in. Knock it down and start from scratch or push the envelope and consider the potential duplex opportunities. The genuine vendor says sell!
Listing description written by James Holt, Oz Combined Realty Surry Hills — reproduced as published, not verified by Districts.