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NSW › Terranora › Parkes Ln

28 Parkes Ln, Terranora NSW 2486

House

$1,520,000

Last sold

26 Feb 2022

4

Bedrooms

3

Bathrooms

4

Car spaces

2,000 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,520,000 (26 Feb 2022).(Recorded sale)
  • FactLand 2,000 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Terranora (last 5 years) with land size: median $959/m² of land (n=127). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$1,520,000

26 Feb 2022 · derived via latest_sale

Local land rate: recorded House sales in Terranora (last 5 years) with land size have a median of $959/m² of land (n=127). Districts calculation from recorded sales — not a valuation.

Terranora at a glance

3,557

People

$1,547,500

Median sale

$1,054/wk

Median rent

3.54%

Suburb gross yield

Median sale from 34 recorded sales (last 12 months) — a Districts calculation.

See the full Terranora report →

Vs Terranora

-1.8%

Median sale

Suburb $1,547,500

+0.07 pp

Gross yield

Suburb 3.54%

Suburb median $1,547,500 from 34 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$1,520,00026 Feb 2022
  2. Listedprice unknowncompleted4 Feb 2022

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

NSW

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $1,054/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    NSW Valuer General land values are not loaded for this property yet.

  • Net yield / holding costs

    Unknown

    NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Area

Terranora in one glance

Terranora at a glance

3,557

People

$1,547,500

Median sale

$1,054/wk

Median rent

3.54%

Suburb gross yield

Median sale from 34 recorded sales (last 12 months) — a Districts calculation.

See the full Terranora report →

Keep researching

  • Why Terranora? Read the area thesis →
  • What else is on the market in Terranora →
  • Other records on Parkes Ln →

Listing material

Listed by Tate Brownlee Real Estate

Sold By Tate Brownlee 0401 176 633

Auction Location: On Site.

Located in a prestigious street and in the exclusive suburb of Terranora sits 28 Parkes Lane. Set back from the street and adding to its privacy with a tree canopy surrounding the backyard gives the feeling of the ultimate getaway and perfect sanctuary to call home. The frontage is single level from the driveway and is a split-level design with a palatial size master bedroom complete with ensuite and separate walk-in robe and offering views out to the leafy surrounds.

Up a handful of stairs and this is where the design really impresses you with its VJ panelling, stunning timber grain look tiles leading out to living zones and a large undercover deck area. In the epicentre is the brand new kitchen with stainless appliances, walk in pantry and has a large island made of 40mm stone with modern black granite sink and tap.

Read the full description

Downstairs offers more with two large bedrooms plus separate study. The outdoors lifestyle living with an expansive pool complete with Bali hut and a substantial and flat yard below, a fire pit with a beautiful flame tree above, concreted courtyard which is ideal for entertaining from its elevated position with full view of the pool.

This all comes complete with a double garage and separate double carport plus off-street parking for boat, caravan or trailer.

• 3 private schools located within 5 kms, including the prestigious Lindisfarne

• 4 public schools within 5kms

• IGA, Coles, Woolworths all within 5kms

• 14min drive to Southern Gold Coast beaches

• 14min drive to Northern NSW beaches

• 14min drive to Gold Coast Airport

• Open plan kitchen with large island flowing into dining and living space

• Large master bedroom with oversized bathroom featuring double vanity

• Single study room

• Dual upstairs/downstairs living

• Newly laid wood grain look tiles

• VJ Feature wall

• Air-conditioning in master bedroom

• Undercover deck area

• Large flat backyard

• Bali hut

• Firepit area

• Outdoor entertaining area

• Double garage and double carport plus off-street parking for boat, caravan or trailer

• 5kw Solar System - Electricity and Hot Water

• Beautiful tree canopy offering complete privacy

@Tate Brownlee Real Estate we open the doors to your future.

DISCLAIMER: We have in preparing this document used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this document.

** Attention Clients: Due to the current COVID-19 pandemic we are here to ensure the safety and health of our buyers, sellers & tenants. Social distancing will be applied upon any inspections and we will run through a list of questions and rules before entering the home.

Listing description written by Tate Brownlee, Tate Brownlee Real Estate — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.