Lethbridge Park at a glance
5,101
People
$920,000
Median sale
$488/wk
Median rent
2.76%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
NSW › Lethbridge Park › Magellan Ave
$740,000
Last sold
12 Aug 2024
3
Bedrooms
1
Bathrooms
1
Car spaces
607 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
$740,000
12 Aug 2024 · derived via latest_sale
Local land rate: recorded House sales in Lethbridge Park (last 5 years) with land size have a median of $1,213/m² of land (n=126). Districts calculation from recorded sales — not a valuation.
Lethbridge Park at a glance
5,101
People
$920,000
Median sale
$488/wk
Median rent
2.76%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
Vs Lethbridge Park
-19.6%
Median sale
Suburb $920,000
+0.67 pp
Gross yield
Suburb 2.76%
Suburb median $920,000 from 21 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 $488/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
Lethbridge Park at a glance
5,101
People
$920,000
Median sale
$488/wk
Median rent
2.76%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by One Agency Caddens St MarysThe Process:
Auction to be held Onsite on Saturday 17th August unless sold prior.
The vendor will consider all offers prior to Auction and if an offer is accepted the auction will be cancelled.
If you would like to put forward an offer or have any further questions about the process, please contact the agent.
The Property:
Step onto the property ladder or expand your investment portfolio with this inviting abode situated at 24 Magellan Avenue, Lethbridge Park. This 3-bedroom house has been freshly painted externally offering an exceptional opportunity for an investor, with a secure long-term tenant.
Features of the home include:
• 3 good sized bedrooms, with new LED lighting.
• Freshly painted L-shaped lounge and dining area, complete with a split system air conditioner.
• A well-appointed kitchen, featuring an upright electric cooker and ample cupboard storage.
• Updated bathroom includes a bathtub plus an internal laundry adding to the practical layout.
• Secure parking is a breeze, with lock-up gates and side access to a low maintenance backyard with a garden shed.
• Additional features include freshly painted roof and front porch, new gutters, fascias and downpipes and LED downlights throughout.
• All set on a generous 607sqm block, on the high side of the street, with granny flat potential (STCA), offering further value.
• Currently leased until April 2025 at $460 per week to long-term tenants, this property not only provides immediate income but also promises substantial growth potential.
Make 24 Magellan Avenue your smart choice for a secure and profitable future.
Listed below is an approximate distance from the property to local amenities:
250m to Bus stop
500m to Emerton Public School
400m to Holy Family Primary School
900m to Tregear Local shops with Post office
1.1km to Emerton Shopping Centre with Woolworths
1.1km to Emerton Swimming pool leisure centre
1.3km to Chifley College Mount Druitt Campus
3.4km to Westfield shopping centre Mt Druitt
4km to Mt Druitt train station
5.5km to M7 motorway
46km to Sydney CBD
Disclaimer: We have, in preparing this information, used our best endeavours to ensure that the contents contained herein are true and accurate but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers should make their own independent inquiries to verify the information provided.
Listing description written by Daniel Palermo, One Agency Caddens St Marys — reproduced as published, not verified by Districts.