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NSW › Harrington Park › Binda Way

21 Binda Way, Harrington Park NSW 2567

For saleHouse for Sale

$2,850,000–$3,000,000

For sale

Asking range

5

Bedrooms

5

Bathrooms

3

Car spaces

789 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $2,850,000–$3,000,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $2,850,000–$3,000,000(Listing record · 7 Oct 2025)
  • FactLand 789 m²; no building size recorded.(Property record)
  • CalculationAsk is 85% above the Harrington Park median recorded sale ($1,540,000, n=32, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Harrington Park's advertised median rent ($854/wk), implied gross yield would be 1.56% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$2,850,000–$3,000,000

Asking range · $3,612/m² of land

No recorded sale for this property.

Harrington Park at a glance

13,724

People

$1,540,000

Median sale

$854/wk

Median rent

2.88%

Suburb gross yield

Median sale from 32 recorded sales (last 12 months) — a Districts calculation.

See the full Harrington Park report →

Vs Harrington Park

+85.1%

Median sale

Suburb $1,540,000

-1.32 pp

Gross yield

Suburb 2.88%

Suburb median $1,540,000 from 32 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$2,850,000
Stamp Duty (New South Wales)
$138,762
Transfer/Registration Fee
$167
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$2,992,629

$142,629 on top of the price (5.0% extra)

  • Stamp Duty (New South Wales)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: New South Wales schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Harrington Park's advertised median rent — not a rent for this listing.

Net yield
0.06%
Annual cashflow (pre-tax)
$-146,542
Interest cover (DSCR)
0.01
Annual rent
$44,408
Operating expenses
$42,750
Loan amount
$2,280,000
Annual interest
$148,200
Gross yield
1.56%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$2,850,000–$3,000,000available7 Oct 2025

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

NSW

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $854/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 1.6%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    NSW Valuer General land values are not loaded for this property yet.

  • Net yield / holding costs

    Unknown

    NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Area

Harrington Park in one glance

Harrington Park at a glance

13,724

People

$1,540,000

Median sale

$854/wk

Median rent

2.88%

Suburb gross yield

Median sale from 32 recorded sales (last 12 months) — a Districts calculation.

See the full Harrington Park report →

Keep researching

  • Why Harrington Park? Read the area thesis →
  • What else is on the market in Harrington Park →
  • Other records on Binda Way →

Listing material

Listed by Real Property Specialists

Architectural Masterpiece in Exclusive Michelia Estate

Situated proudly within Harrington Park's most exclusive precinct, the Michelia Estate, this breath taking 58 square residential masterpiece is more than a home, it is a lifestyle. Custom designed with grandeur and liveability in mind, delivering space, luxury and refinement at every turn.

Step inside and be encapsulated by the high ceilings flowing throughout the entire home, amplifying the sense of scale and elegance on offer. Every meticulous detail has been carefully considered, from the oversized bedrooms to the seamless integration of multiple living zones. Each space is designed to both impress and inspire.

The home features five oversized bedrooms and five luxurious bathrooms. A dedicated home office and study nook provide space for work and study, while three additional, expansive living areas including a private theatre room offer comfort, versatility and privacy for the entire family.

Read the full description

The gourmet kitchen is the heart of the home, seamlessly blending elegance and practicality, finished with BOSCH stainless steel appliances, island bench with 60mm waterfall stone tops, integrated fridge, freezer & dishwasher. Hidden away, a generous sized butlers pantry and built in wine cellar take this home to the next level of luxury.

The open plan living zones flow effortlessly outdoors to a sparkling gas heated in-ground pool and a covered outdoor entertaining retreat, complete with an outdoor kitchen and bathroom. This backyard has been designed for year-round comfort, blending relaxation with resort-style luxury.

Car enthusiasts and families will appreciate the rare three car garage with soaring four metre ceilings and convenient drive through access, delivering both practicality and prestige whilst providing ample opportunity for the installation of a car hoist or simply additional storage for the caravan, boat or trailers.

The home is perfectly positioned within walking distance to the Michelia Club House with its exclusive facilities, as well as the highly regarded Macarthur Anglican School. This ideal location ensures both convenience and lifestyle at the highest level.

This is not simply a residence. It is a landmark of design, sophistication and lifestyle excellence that sets a new benchmark for the Michelia precinct.

Property Highlights:

+ Integrated in-built speaker system

+ Designer LED feature lighting in the kitchen

+ Ambient twinkle lighting in the theatre room

+ Ducted vacuum system with multiple outlets

+ Motorised automated blinds throughout the property

+ Fully automated home theatre

+ Gas-heated swimming pool for year-round enjoyment

+ Private guest suite located on the first floor

+ Abundant skylights filling the home with natural light

+ Jack and Jill bathroom with premium finishes.

Location Highlights:

+ 230m to the Michelia Club House

+ 1.3km to Macarthur Anglican School

+ 2.2km to Narellan Sports Hub

+ 2.5km to Harrington Plaza

+ 2.9km to Narellan Town Centre.

* Please note, all distances above are approximate only.

For further information on this exceptional opportunity or to arrange an inspection, be sure to contact your Real Property Specialists, Mitchell Angel on 0466 269 487 or Kyce Darwiche on 0411 531 265

NOTE: Real Property Specialists believe that all the information contained herein is true and correct to the best of our ability, however we encourage all interested parties to carry out their own enquiries. All photographs and images are representative only, for marketing purposes.

Listing description written by Mitchell Angel, Real Property Specialists — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Alarm System
  • Built-in Robes
  • Dishwasher
  • Ducted Cooling
  • Ducted Heating
  • Ensuites: 3
  • In-Ground Pool
  • Study
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.