Kotara at a glance
4,154
People
$1,062,500
Median sale
$821/wk
Median rent
4.02%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
NSW › Kotara › Grayson Ave
$1,005,000
Last sold
24 Aug 2023
4
Bedrooms
2
Bathrooms
1
Car spaces
601 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
$1,005,000
24 Aug 2023 · derived via latest_sale
Local land rate: recorded House sales in Kotara (last 5 years) with land size have a median of $1,471/m² of land (n=107). Districts calculation from recorded sales — not a valuation.
Kotara at a glance
4,154
People
$1,062,500
Median sale
$821/wk
Median rent
4.02%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
Vs Kotara
-5.4%
Median sale
Suburb $1,062,500
+0.23 pp
Gross yield
Suburb 4.02%
Suburb median $1,062,500 from 24 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 $821/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
UnknownArea
Kotara at a glance
4,154
People
$1,062,500
Median sale
$821/wk
Median rent
4.02%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Simon Wall PropertyProudly placed on the high side of the street to absorb the expansive, leafy and nature-filled outlook is this well-balanced family home. Resting in a desirable enclave this opportunity strikes the perfect balance between being able to move straight in and enjoy, whilst also providing plenty of value adding potential for future growth.
Enjoying a practical, internal floor plan where all the bedrooms wrap around one side of the home and the two largest bedrooms are at opposite ends of the home making it ideal for growing families who require space. Three of the four bedrooms feature floor to ceiling built-in wardrobes, all have ceiling fans and the main boasts an ensuite. Separating the bedrooms is the recently renovated bathroom showcasing floor to ceiling tiles, an oversized shower, separate vanity and toilet.
Stepping into the welcoming front lounge and combined dining area you will appreciate the ornate fireplace, neutral colour tones and light filled interiors courtesy of the oversized windows that extend across the entire width of the open-plan living area. Further illustrating the value-adding possibilities you may wish to put stacker doors across this wall and connect outside with the front verandah.
Resting in the heart of the home is the well-appointed kitchen that features Caesar stone bench tops and stainless steel appliances. The kitchen boasts plenty of cupboard space and an oversized storage, pantry area conveniently positioned alongside. Beyond the kitchen and extending through the French doors is another privately placed living area. This space is a real blank canvas offering unlimited value adding potential to connect seamlessly with the outside entertaining area and backyard. There is also a DA council approval for a granny flat that you may wish to explore!
Conveniently located in a family-friendly and desirable suburb. This home is only 900m from Nesbitt Park, 800m to Kotara Public School, 1.9km to Westfield Kotara or only a 10-minute drive to Merewether Beach. This centrally located home has everything you need.
- Recently painted entirely inside
- New carpet throughout the entire home
- DA approval for a Granny Flat in the backyard
- Land size 601sqm, Council $2,400 pa, Water $915.73pa.
Disclaimer: All information contained herein is collected from property owners or third-party sources which we believe are reliable, however we cannot guarantee its accuracy. All interested person/s should rely on their own enquiries.
Listing description written by Simon Wall, Simon Wall Property — reproduced as published, not verified by Districts.
NSW 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.