Mcgraths Hill at a glance
2,697
People
$1,200,000
Median sale
$731/wk
Median rent
3.17%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
NSW › Mcgraths Hill › Scarvell Ave
$920,000
Last sold
10 Nov 2023
3
Bedrooms
2
Bathrooms
2
Car spaces
550 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
$920,000
10 Nov 2023 · derived via latest_sale
Local land rate: recorded House sales in Mcgraths Hill (last 5 years) with land size have a median of $1,769/m² of land (n=104). Districts calculation from recorded sales — not a valuation.
Mcgraths Hill at a glance
2,697
People
$1,200,000
Median sale
$731/wk
Median rent
3.17%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
Vs Mcgraths Hill
-23.3%
Median sale
Suburb $1,200,000
+0.96 pp
Gross yield
Suburb 3.17%
Suburb median $1,200,000 from 37 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 $731/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
Mcgraths Hill at a glance
2,697
People
$1,200,000
Median sale
$731/wk
Median rent
3.17%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by First National Real Estate Connect-RichmondSteven Garay, unrivalled 7-times McGraths Hill Agent of the Year, is delighted to bring to market yet another great property in the popular and family-friendly suburb of McGraths Hill.
This is impeccably presented single storey family home set on a great size 550sqm block in a whisper quiet road (unlike some others) would ideally suit a first home buyer, a down-sizers or a super savvy property investor.
With unrivalled street appeal thanks to its manicured front gardens and modern rendered exterior, this family home is a sensational example of modern McGraths Hill living.
• As you come through the contemporary front door, you'll be pleasantly greeted by a expansive living area featuring modern floating floors, LED lighting, a slow combustion fireplace as well as a split system air conditioner.
• Next you will come across a spacious and open dining area boasting a designer light fixture and a seamless continuation of the modern floating floors from the adjacent living area.
• Centrally located between the living and dining is a generous gourmet chef's kitchen equipped with soft close drawers and cabinets as well as sleek stainless-steel appliances.
• With 2 king size bedrooms and 1 queen size bedroom, your sense of comfort and space continues into the sleeping quarters. All 3 bedrooms come with ceiling fans and 2 with mirrored BIRs.
• Servicing the residence is an updated bathroom offering bathtub, shower, oversized vanity and a separate W/C as well as an updated family size laundry with plenty of cupboard space and the convenience of external access.
• If even more space is what you and your family are after, then there's the modern studio. This additional living area includes a study nook and a bathroom and features LED lighting and a ceiling fan.
• Outdoor entertaining is a breeze with a spectacular covered outdoor area featuring a terrific timber decking and overlooking a large manicured backyard with an abundance of room to move.
• Last, but my no means least, this amazing abode boasts both an oversized single lock up garage and an oversize single carport for ample car, boat and bike accommodation.
• Luxury inclusions such as LED lighting, slow combustion fireplace and cotemporary flooring.
• Currently leased at $675/week with the lease expiring 26/1/24.
• Convenient location close to good schools, friendly neighbourhood shops & plenty of parks/ovals.
• Great capital growth potential due to its proximity to the growing Box Hill Growth Precinct & Metro North West Rail Link.
All information about the property has been provided to First National Connect by third parties. First National Connect has not verified the information and does not warrant its accuracy or completeness. All parties should make and only rely on their own independent enquiries in relation to the property.
Listing description written by Steven Garay, First National Real Estate Connect-Richmond — reproduced as published, not verified by Districts.