Belfield at a glance
7,234
People
$2,217,500
Median sale
$750/wk
Median rent
1.76%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
NSW › Belfield › Michael Ave
$2,005,000
Last sold
14 Feb 2022
4
Bedrooms
2
Bathrooms
6
Car spaces
569.1 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
$2,005,000
14 Feb 2022 · derived via latest_sale
Local land rate: recorded House sales in Belfield (last 5 years) with land size have a median of $3,750/m² of land (n=57). Districts calculation from recorded sales — not a valuation.
Belfield at a glance
7,234
People
$2,217,500
Median sale
$750/wk
Median rent
1.76%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
Vs Belfield
-9.6%
Median sale
Suburb $2,217,500
+0.19 pp
Gross yield
Suburb 1.76%
Suburb median $2,217,500 from 14 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 $750/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
UnknownArea
Belfield at a glance
7,234
People
$2,217,500
Median sale
$750/wk
Median rent
1.76%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Richard Matthews Real EstateSophisticated Brick Family Home & Entertainer in Blue Ribbon Locale
Exuding class and sophistication throughout, this delightful family home is perfectly set in an enviable Belfield location. Showcasing a floor plan that is ideal for the modern family with an array of leisure spaces and an incredible outdoor entertaining, this stunning house is ready to move right in and enjoy. Boasting a light and bright interior, you will find quality finishes and additions throughout. Just moments to a myriad of local amenities and education options this premier property features:
- Charming, traditional brick façade with front porch and sweeping street frontage secured with an electric front gate
- Spacious, light filled living area with polished timber flooring, bright feature wall and space for the whole family to relax and unwind
- Large monochromatic contemporary kitchen with floating island, natural gas cooking, striking stone granite benchtops and splashback, quality stainless steel appliances and ample preparation and storage space all opening into dedicated dining area
- Expansive backyard hosting fantastic entertaining pergola with floor to ceiling privacy blinds and ceiling fans overlooking low maintenance yard with artificial lawn and established fence line gardens
- Up to four bedrooms across the home, each with a built in wardrobe
- Two full bathrooms as well as full size laundry with inbuilt storage
- Off street parking for six cars
- Quality Inclusions: Reverse cycle 16kw Daikin air conditioning, alarm system, intercom, high ceilings, downlighting, restored roof tiles, new guttering, and ample storage throughout
- Prime Position: Set in one of Belfields most sought after streets stroll to Campsie Station and Rudd Park while being moments to local favourites such as Mancinis Belfield, Natures Best and an array of stores and education options
DISCLAIMER: While Richard Matthews Real Estate have taken all care in preparing this information and used their best endeavours to ensure that the information contained herein is true and accurate, we accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained. Richard Matthews Real Estate urge prospective purchasers to make their own enquiries to verify the information contained herein.
Listing description written by Vivek Tailor, Richard Matthews Real Estate — reproduced as published, not verified by Districts.
NSW 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.