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NSW › Randwick › Lee St

3 Lee St, Randwick NSW 2031

House

$2,870,000

Last sold

20 Dec 2025

3

Bedrooms

1

Bathrooms

2

Car spaces

295 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 $2,870,000 (20 Dec 2025).(Recorded sale)
  • FactLand 295 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Randwick (last 5 years) with land size: median $11,897/m² of land (n=4). 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

$2,870,000

20 Dec 2025 · derived via latest_sale

Local land rate: recorded House sales in Randwick (last 5 years) with land size have a median of $11,897/m² of land (n=4). Districts calculation from recorded sales — not a valuation.

Randwick at a glance

30,388

People

$2,885,000

Median sale

$912/wk

Median rent

1.64%

Suburb gross yield

Median sale from 8 recorded sales (last 12 months) — a Districts calculation.

See the full Randwick report →

Vs Randwick

-0.5%

Median sale

Suburb $2,885,000

+0.01 pp

Gross yield

Suburb 1.64%

Suburb median $2,885,000 from 8 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$2,870,00020 Dec 2025
  2. Listedprice unknowncompleted26 Nov 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 $912/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

Randwick in one glance

Randwick at a glance

30,388

People

$2,885,000

Median sale

$912/wk

Median rent

1.64%

Suburb gross yield

Median sale from 8 recorded sales (last 12 months) — a Districts calculation.

See the full Randwick report →

Keep researching

  • Why Randwick? Read the area thesis →
  • What else is on the market in Randwick →
  • Other records on Lee St →

Listing material

Listed by Ray White Park Coast East

Classic Randwick Semi With Double Lock up Garage, Steps to 'The Spot' And Minutes to Beach

A superb opportunity in one of Randwick's most sought-after pockets, just moments from the vibrant village life of 'The Spot', this 3 bedroom character semi offers generous proportions, plenty of outdoor space, and exciting potential to update or reimagine into a beautiful family home (STCA). A deceased estate, the residence stands elevated well above street level with a traditional wide front porch capturing a sky-filled outlook, while soaring ceilings and stained-glass details enrich the charm within.

The spacious living room flows to a sunroom with direct exterior access, ideal as home office nook, while the large kitchen offers ample room for casual dining and future redesign. Three well-sized double bedrooms provide peaceful accommodation, complemented by a neat central bathroom. To the rear, an East facing terraced garden bathes in sunlight and presents exceptional scope for landscaping.

Positioned for an enviable Eastern Suburbs lifestyle, the home is a short stroll to cafes, dining and the iconic Ritz cinema at 'The Spot', close to leading schools, UNSW, and the hospital precinct, with Randwick Junction and Coogee Beach just minutes away. Complete with a rare double lock-up garage, this classic family home offers enormous potential, whether reimagined on a grand scale or refreshed with simple cosmetic updates (STCA), presenting an exceptional opportunity in a blue-chip Randwick enclave.

Read the full description

Features include:

• 3 bedroom character semi with valuable double lock up garage

• Set on elevated parcel with sky-filled outlook

• Wide front porch, additional terrace space

• Soaring ceilings and stained-glass elements

• Living room features decorative fireplace

• Sunroom with outdoor access, ideal study nook

• Huge eat-in gas kitchen with ample storage

• 3 generous double bedrooms with built in robes

• Bathroom includes bath, hallway storage

• Separate laundry room off the rear porch

• Sunlit East-facing terraced rear garden

• Extensive under house storage via lock up garage

• Steps to buzzing village life of 'The Spot'

• Minutes to Coogee Beach, Randwick Junction & light rail

• Minutes to hospital, UNSW precincts and several popular schools

INSPECT: Thursday & Saturday 10.00 - 10.30am

AUCTION: Saturday 20 December, On Site at 1.00pm

DETAILS: Michael Levy on 0419 177 277

If you are currently not in a position to purchase and need to sell first, I would be more than happy to provide you with a confidential, no obligation market appraisal for your property. Please do not hesitate to call me on 0419 177 277 for a refreshing, personalised approach to selling real estate.

Listing description written by Michael Levy, Ray White Park Coast East — 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.