Allambie Heights at a glance
7,316
People
$2,900,000
Median sale
$815/wk
Median rent
1.46%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
NSW › Allambie Heights › Palermo Pl
$2,100,000
Last sold
29 Sept 2022
3
Bedrooms
2
Bathrooms
2
Car spaces
632 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
$2,100,000
29 Sept 2022 · derived via latest_sale
Local land rate: recorded House sales in Allambie Heights (last 5 years) with land size have a median of $3,762/m² of land (n=93). Districts calculation from recorded sales — not a valuation.
Allambie Heights at a glance
7,316
People
$2,900,000
Median sale
$815/wk
Median rent
1.46%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
Vs Allambie Heights
-27.6%
Median sale
Suburb $2,900,000
+0.56 pp
Gross yield
Suburb 1.46%
Suburb median $2,900,000 from 19 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 $815/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
Allambie Heights at a glance
7,316
People
$2,900,000
Median sale
$815/wk
Median rent
1.46%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by CunninghamsFIND. This charming single-level home basks in peace and quiet at the bottom of a leafy cul-de-sac in Allambie Heights. Coming to the market for the first time in 60 years, this is a cherished home that has been meticulously cared for. It will suit growing families looking for a peaceful home that allows you to enjoy peace and serenity, whilst also having incredible access to Manly Dam, local shops, schools and beaches.
LOVE. Offering an easy-living, single-level floorplan with two living zones and a beautiful backyard, this home has a welcoming, comfortable ambience, and light and airy interiors that flow well. A shortcut on the street leads you towards bushwalking trails around Allenby Park.
- A large living and dining space is light and airy and opens up to meet backyard entertaining with ease
- A second sitting area connects to the front verandah that overlooks a big front yard with level lawn
- Beautiful landscaped backyard with flourishing garden beds and established trees providing lots of privacy
- Well-appointed kitchen with electric cooking and a dishwasher
- Generous bedrooms comfortably appointed with carpet and built-in wardrobes
- Neat bathroom with bathtub and separate shower
- Second bathroom with laundry facilities
- Single lock-up garage and additional parking space on the driveway
- Well-designed floorplan with great separation between the living zones and the bedrooms
LIVE. Well positioned for quick access up and around the northern beaches, this quiet leafy street will appeal to families looking for a protected and peaceful environment to come home to, yet not have to travel far to lifestyle conveniences. Manly Dam is a couple of minutes' down the road – the perfect spot for weekend bush walks and picnics. The local Allambie Heights shops and Allambie Heights Public School are moments away, and you can enjoy quick and easy access to beaches, Warringah Mall and Manly.
RATES/SIZE:
Water rates: Approx $151 pq
Council rates: Approx $428.70 pq
Size: Approx 632 sqm
ABOUT THE AREA
Local Transport:
- Manly, Warringah Mall and Frenchs Forest Buses depart from the local shops and along the main road
Shopping:
- Allambie Heights shops
- Westfield Warringah Mall
Schools:
- Allambie Heights Primary
- Manly Vale Primary School
- St Kierans Catholic School
- Mackellar Girls High School
- Balgowlah Boys High School
WHAT THE OWNER LOVES:
- The cul-de-sac is very quiet and private, yet you can reach beaches, shops and schools within moments.
- There is a path on the street that provides a short cut onto Owen Stanley Avenue and onto Allenby Park bushwalking trails.
- There is lots of living space, and the backyard is very private and protected.
Disclaimer: Whilst every effort has been made to ensure the accuracy and thoroughness of the information provided to you in our marketing material, we cannot guarantee the accuracy of the information provided by our Vendors, and as such, Cunninghams makes no statement, representation or warranty, and assumes no legal liability in relation to the accuracy of the information provided. Interested parties should conduct their own due diligence in relation to each property they are considering purchasing. All photographs, maps and images are representative only, for marketing purposes. Some images show virtual styling.
Listing description written by Lochlan Macpherson, Cunninghams — reproduced as published, not verified by Districts.
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