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NSW › Killarney Vale › South St

28 South St, Killarney Vale NSW 2261

For saleHouse

$860,000

For sale

Asking

$920,000

Last sold

17 Mar 2025

4

Bedrooms

2

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $860,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $860,000(Listing record · 17 June 2026)
  • CalculationAsk is 15% below the Killarney Vale median recorded sale ($1,006,000, n=48, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Killarney Vale's advertised median rent ($644/wk), implied gross yield would be 3.89% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$860,000

Asking

Last recorded sale $920,000 (17 Mar 2025).

Killarney Vale at a glance

7,468

People

$1,006,000

Median sale

$644/wk

Median rent

3.33%

Suburb gross yield

Median sale from 48 recorded sales (last 12 months) — a Districts calculation.

See the full Killarney Vale report →

Vs Killarney Vale

-14.5%

Median sale

Suburb $1,006,000

+0.56 pp

Gross yield

Suburb 3.33%

Suburb median $1,006,000 from 48 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$860,000
Stamp Duty (New South Wales)
$33,112
Transfer/Registration Fee
$167
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$896,979

$36,979 on top of the price (4.3% extra)

  • Stamp Duty (New South Wales)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: New South Wales schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Killarney Vale's advertised median rent — not a rent for this listing.

Net yield
2.39%
Annual cashflow (pre-tax)
$-24,132
Interest cover (DSCR)
0.46
Annual rent
$33,488
Operating expenses
$12,900
Loan amount
$688,000
Annual interest
$44,720
Gross yield
3.89%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

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

20252026$920k$860k
  • Sold (recorded)
  • Asking price (not a sale)
  1. Listed$860,000available17 June 2026
  2. Sold$920,00017 Mar 2025
  3. Listedprice unknowncompleted16 Jan 2025

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 $644/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

Gross yield if leased at the suburb aggregate is 3.9%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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

Killarney Vale in one glance

Killarney Vale at a glance

7,468

People

$1,006,000

Median sale

$644/wk

Median rent

3.33%

Suburb gross yield

Median sale from 48 recorded sales (last 12 months) — a Districts calculation.

See the full Killarney Vale report →

Keep researching

  • Why Killarney Vale? Read the area thesis →
  • What else is on the market in Killarney Vale →
  • Other records on South St →

Listing material

Listed by Century 21 Coast Property The Entrance / Berkeley Vale

Spacious Family Living with Dual-Level Flexibility in a Prime Coastal Location

Offering an abundance of space, versatility, and convenience, this impressive four-bedroom home is perfectly suited to growing families, multi-generational living, or those seeking room to spread out in a highly sought-after location.

Designed across two spacious levels, the lower-level features two generously sized bedrooms, a well-appointed main bathroom, and a large kitchen and dining area that forms the heart of the home. Upstairs, you'll find an additional two bedrooms, including the spacious master suite complete with a walk-in robe and private ensuite, along with a second living area providing the perfect retreat for family members or guests.

Enjoy seamless indoor-outdoor living with balconies and entertaining decks on both levels, creating multiple spaces to relax, entertain, or simply soak up the coastal breeze.

Read the full description

Year-round comfort is assured with ducted air conditioning throughout, while a large garden shed and separate single lock-up garage provide excellent storage and practicality.

* Four spacious bedrooms across two levels

* Master bedroom with walk-in robe and ensuite

* Two bedrooms downstairs and two bedrooms upstairs

* Main bathroom servicing the lower level

* Large kitchen and dining area

* Second living area upstairs

* Ducted air conditioning throughout

* Entertaining decks on both levels

* Balconies off the upper and lower levels

* Large garden shed for additional storage

* Separate single lock-up garage

Positioned for ultimate convenience, this home is just:

* Approx. 260m walk to Killarney Vale Shopping Centre

* Approx. 850m to Killarney Vale Public School

* Approx. 2.2km to local childcare facilities

* Approx. 2.2km to the golden sands of Shelly Beach

* Approx. 11km to the M1 Motorway for easy commuting

Combining generous proportions, flexible living spaces, and a fantastic coastal location, this is an outstanding opportunity to secure a family home that offers both lifestyle and convenience. Don't miss your chance to enjoy everything this desirable Central Coast address has to offer.

* Water Rates $23.00 (Approx) Per Week

* Land Rates $34.00 (Approx) Per Week

All information (including but not limited to the property area, floor size, price, address and general property description) on the Website is provided as a convenience to you and has been provided to Century 21 Coast Property by third parties.

Listing description written by Danielle Hartley, Century 21 Coast Property The Entrance / Berkeley Vale — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Dishwasher
  • Ducted Cooling
  • Outdoor Entertaining
  • Shed
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.