Summer Hill at a glance
7,619
People
$2,405,000
Median sale
$640/wk
Median rent
1.38%
Suburb gross yield
Median sale from 22 recorded sales (last 12 months) — a Districts calculation.
NSW › Summer Hill › Grosvenor Cres
6
Bedrooms
7
Bathrooms
1
Car spaces
Districts View
Nothing about this record stands out yet — coverage may still be filling in.
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
No recorded sale price for this property yet.
Summer Hill at a glance
7,619
People
$2,405,000
Median sale
$640/wk
Median rent
1.38%
Suburb gross yield
Median sale from 22 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning scheme
Inner West Local Environmental Plan 2022
Zone
Low Density Residential
R2
Jurisdiction
Inner West
Inner West, NSW
CDC-141423
ALTERATIONS AND ADDITIONS
Under Assessment
Council site reportCDC-130825
Remodel of internal to add open plan living area
Cancelled
Council site reportSource
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 30 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 (Inner West Local Environmental Plan 2022). Official parcel area about 435 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. 2 development applications on this parcel. Complying Development Certificate Application (Under Assessment); Complying Development Certificate Application (Cancelled) These are this lot’s applications, not the neighbourhood pipeline. 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 $640/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 (Inner West Local Environmental Plan 2022). Official parcel area about 435 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.
4 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned Low Density Residential · R2 (Inner West Local Environmental Plan 2022). Official parcel area about 435 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?
KnownmediumNo 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
Knownmedium2 development applications on this parcel. Complying Development Certificate Application (Under Assessment); Complying Development Certificate Application (Cancelled) These are this lot’s applications, not the neighbourhood pipeline.
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
Summer Hill at a glance
7,619
People
$2,405,000
Median sale
$640/wk
Median rent
1.38%
Suburb gross yield
Median sale from 22 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Richard Matthews Real EstateRenovators Delight In Perfect Location Offers Outstanding Potential With Unique Home
Set in an excellent location on a large block, this unique property offers a rare opportunity for the family home buyer to personalise their dream home or for the savvy investor to earn a sizeable passive income. This residence offers a well thought out floor plan with six, spacious bedrooms allowing the lucky homeowner to capitalise on excellent scope for renovations (subject to council approval), or leave as is and start earning rental income. Being just moments from every amenity at nearby bustling Summer Hill Village, this property also offers excellent opportunity to add significant personal or financial value with a knock down and rebuild in such an excellent location (subject to council approval).
- Charming, traditional brick façade and large front driveway
- Spacious living area to the rear of the home
- Practical layout connected by tiled hallway illuminated by sky light
- Six large bedrooms, five with private ensuites provides unrivalled conversion potential for the family wanting to create their dream residence (subject to council approval)
- Additional main bathroom for further scope to leave your personal mark on this property, whilst making use of already quality spaces
- Quality inclusions: air conditioning unit, internal laundries, additional external laundry, ample car parking space and more
- Prime position: this property is in an excellent location, a short walk to public transport and adjacent to Summer Hill village, its residents will have ease of access to an abundance of restaurants, stores and shopping as well as an array of recreational areas and highly sought after schools.
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 therein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Richard Matthews Real Estate urge prospective purchasers to make their own inquiries to verify the information contained herein.
Listing description written by Ken (Hiroyoshi) Miyagawa, Richard Matthews Real Estate — reproduced as published, not verified by Districts.
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