Rathmines at a glance
2,133
People
$890,000
Median sale
$719/wk
Median rent
4.20%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
NSW › Rathmines › Bournville Rd
$890,000
Last sold
17 Aug 2026
4
Bedrooms
2
Bathrooms
2
Car spaces
703 m²
Land
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
No verification items generated for this record.
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
$890,000
17 Aug 2026 · derived via latest_sale
Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.
Local land rate: recorded House sales in Rathmines (last 5 years) with land size have a median of $1,251/m² of land (n=44). Districts calculation from recorded sales — not a valuation.
Rathmines at a glance
2,133
People
$890,000
Median sale
$719/wk
Median rent
4.20%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
Vs Rathmines
0.0%
Median sale
Suburb $890,000
0.00 pp
Gross yield
Suburb 4.20%
Suburb median $890,000 from 9 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Lake Macquarie Local Environmental Plan 2014
Zone
Low Density Residential
R2
Jurisdiction
Lake Macquarie
Lake Macquarie, NSW
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.
The official layer was queried and no heritage listed area was detected on this parcel (NSW ePlanning Spatial Viewer, retrieved 31 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NSWZoned Low Density Residential · R2 (Lake Macquarie Local Environmental Plan 2014). Official parcel area about 706 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. If the dual occupancy pathway survives a planner’s check, this lot can outperform a same-suburb house that is hold-as-is only. That is not a forecast. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. 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 $719/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
This looks more compelling as a land / capital-growth play than a pure yield play — if the dual occupancy pathway survives a planner’s check.
Detail
Zoned Low Density Residential · R2 (Lake Macquarie Local Environmental Plan 2014). Official parcel area about 706 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Achieved rent for this address has not been inferred. Gross yield on advertising copy is not the deal.
Nearby DA pipeline is unknown, so neighbourhood change is not in this verdict.
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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned Low Density Residential · R2 (Lake Macquarie Local Environmental Plan 2014). Official parcel area about 706 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
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?
KnownmediumOfficial parcel about 706 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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
Rathmines at a glance
2,133
People
$890,000
Median sale
$719/wk
Median rent
4.20%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by First National Real Estate TorontoPositioned in one of Rathmines’ most desirable pockets, this home offers an exceptional lifestyle just moments from the shores of Lake Macquarie. Enjoy easy access to Rathmines Park, the foreshore, boat ramps, walking tracks, and local cafés, while being only a short drive to Toronto’s vibrant town centre, shopping, dining, and everyday essentials. With quality schools, transport, and community amenities all within close reach, and convenient access to the M1 Motorway for an easy commute to Sydney, this is a location that perfectly balances relaxed lakeside living with everyday practicality.
Elevated to capture peaceful lake views through the trees, the home is designed to embrace its natural surroundings while delivering light-filled, functional living. The upper level is dedicated to open plan living and dining, where bamboo floorboards flow seamlessly through the kitchen and living areas, complemented by expansive windows and sliding doors that invite natural light and frame the leafy outlook. This space connects effortlessly to a full-width entertaining balcony, offering the perfect setting to relax or host while enjoying the tranquil surroundings.
Centrally positioned, the kitchen combines style and practicality, featuring stone benchtops, a 900mm oven, dishwasher, and generous storage. Its connection to the main living zone ensures ease of entertaining while maintaining functionality for everyday family living.
Privately located on the upper level, the master suite offers a peaceful retreat complete with a walk-in robe and well-appointed ensuite. Thoughtfully separated from the remaining accommodation, it provides a sense of privacy ideal for homeowners seeking their own space.
The lower level features three additional well-proportioned bedrooms, all with built-in wardrobes, serviced by a modern bathroom. This level offers excellent flexibility for growing families, guests, or those seeking a degree of separation, with its own connection to the outdoors and additional living potential.
Set on a generous 704sqm block and surrounded by established greenery, the home enjoys a private and peaceful setting. Multiple outdoor spaces, including a covered deck and balcony areas, are designed to take full advantage of the elevated position and filtered lake views.
A double garage offers convenience and secure parking, complemented by additional off-street parking. The home is further enhanced by a solar system with solar hot water, gas heating, air conditioning, ceiling fans throughout and broadband connectivity, ensuring comfort, efficiency, and practicality.
Combining privacy, space, and a highly sought-after lakeside position, this home presents a compelling opportunity for families, upsizers, or investors alike. Offering flexible living, quality finishes, and a lifestyle-focused design, it delivers.
DISCLAIMER: Every precaution has been taken to establish accuracy of the above information but does not constitute any representation by the owner or agent. Information is gathered from sources we believe to be reliable; we cannot guarantee its accuracy and interested persons should rely on their own enquiries.
Listing description written by Matt Hutchinson, First National Real Estate Toronto — reproduced as published, not verified by Districts.