Parklea at a glance
3,690
People
$1,459,000
Median sale
$801/wk
Median rent
2.85%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
$1,170,000
Last sold
27 Aug 2021
4
Bedrooms
2
Bathrooms
2
Car spaces
451 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
$1,170,000
27 Aug 2021 · derived via latest_sale
Local land rate: recorded House sales in Parklea (last 5 years) with land size have a median of $3,344/m² of land (n=34). Districts calculation from recorded sales — not a valuation.
Parklea at a glance
3,690
People
$1,459,000
Median sale
$801/wk
Median rent
2.85%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
Vs Parklea
-19.8%
Median sale
Suburb $1,459,000
+0.71 pp
Gross yield
Suburb 2.85%
Suburb median $1,459,000 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 $801/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
Parklea at a glance
3,690
People
$1,459,000
Median sale
$801/wk
Median rent
2.85%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Paras & Baz Real EstateSituated in the ever so popular Damien Dr and on the high side of the road, this sprawling single storey home offers the below features:
+ Functional layout with formal and informal living and dining spaces.
+ Two outdoor entertainment areas outside under covered alfresco.
+ Place to securely park a third vehicle behind gates with an extra wide side access.
+ Four good sizes bedrooms with built in robes to all and walk in robe with ensuite to main.
+ Centrally located kitchen overlooking meals area.
+ Ducted air conditioning plus fans in selected areas.
+ Low maintenance backyard.
+ Internal access to double garage.
Location features include:
School Catchment:
+ Primary: Quakers Hill East Public School - 1.7km - 3min drive
+ Secondary: Quakers Hill High School - 3.1km - 6min drive
+ Wyndham College: 4.9km -7min drive
Public Transport:
+ Nearest Bus Stop: Sentry Rd - 300m - 4min walk
+ Nearest Train Station: Kellyville - 3.2km - 8min - drive
Shops:
+ Stanhope Village Shopping Centre: 1.1km -3min drive, 14min walk
+ Parklea Markets: 1.6km - 4min drive
Medical Facilities:
+ Stanhope Medical & Dental Centre: 1.0km - 2min drive, 13 min walk
+ The Hills Clinic: 3.7km - 6min drive
Call us today to find out more or book in a private inspection by visiting https://www.calendly.com/parasandbaz
Disclaimer:
*In light of the recent developments regarding COVID-19, we ask that if you wish to visit one of our properties that you adhere to the health guidelines issued by the NSW Government. Please remain home if you are feeling unwell, minimise contact, and maintain 1.5m physical distancing inside and outside the property. As we work through this process, we kindly ask you to be patient during an inspection and follow the advice of the agent*
Disclaimer:
Paras & Baz Real Estate and related entities believe that the information contained herein is gathered from sources that are deemed to be reliable. However, no representation or warranties are given, intended or implied. Any interested parties should rely on their own inquiries.
Listing description written by Gurdev Singh, Paras & Baz Real Estate — reproduced as published, not verified by Districts.