Parap at a glance
3,175
People
$1,000,000
Median sale
$415/wk
Median rent
2.16%
Suburb gross yield
Median sale from 11 recorded sales (last 24 months) — a Districts calculation.
3
Bedrooms
2
Bathrooms
2
Car spaces
504 m²
Land
Districts View
View not ready — official layers are still retrieving for this property. Official planning layers still retrieving. Flood / bushfire / heritage not yet retrieved. No recorded sale price for this property. Districts does not score a property it cannot yet see.
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
No recorded sale price for this property yet.
Parap at a glance
3,175
People
$1,000,000
Median sale
$415/wk
Median rent
2.16%
Suburb gross yield
Median sale from 11 recorded sales (last 24 months) — a Districts calculation.
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
NTNT bulk cadastre is not an open commercial product. Lot optionality cannot be computed from official geometry. Listed land size is 504 m² — that is not official geometry. 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.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $415/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. Nearby development applications are not loaded for this property. 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. Net yield / holding costs are not estimated outside NSW without inventing land tax.
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
UnknownNT bulk cadastre is not an open commercial product. Lot optionality cannot be computed from official geometry. Listed land size is 504 m² — that is not official geometry.
Nearby development pipeline
Area
Parap at a glance
3,175
People
$1,000,000
Median sale
$415/wk
Median rent
2.16%
Suburb gross yield
Median sale from 11 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Real Estate CentralFor more property information and reports text 30MAY to 0488 810 057
Perfectly positioned on the fringes of Parap, this beautiful property creates a spacious family retreat on a wonderfully easy-care block, situated moments from the suburb’s many popular amenities, including its weekend markets, eateries, shops and primary school.
• Easy-to-maintain block on quiet tree-lined street close to park and playground
• Effortless layout reveals easy flow while feeling fresh, and open throughout
• Spacious open-plan living creates inviting hub extending seamlessly outdoors
• Central kitchen boasts modern appliances and easy interaction with living area
• Large master features walk-in robe and ensuite with yard access
• Two further robed bedrooms are serviced by main bathroom with corner bath
• Internal laundry features great built-in storage and access to yard
• Banks of louvre windows capture cooling breezes while enhancing sense of space
• Expansive alfresco entertaining overlooks sparkling inground pool
• Garden shed in private backyard, double carport provides parking at front
Immaculate throughout, this lovely three-bedroom home creates a fantastic opportunity for homebuyers and investors seeking an effortless, ready-to-go property within sought-after Parap.
As you step inside, you immediately appreciate the home’s beautiful sense of space, as plentiful natural light, easy neutrals and crisp bamboo floors work together to accentuate its cohesive aesthetic.
Cooled by through-breezes captured by banks of louvre windows, the open-plan reveals a natural flow that enhances a seamless connection with the outdoors. Perfect for those who love to entertain, this space extends effortlessly to the expansive alfresco, which enjoys sparkling views over the inground pool.
Another thing we’re sure you’ll love is how low maintenance this outdoor space is. Framed by established landscaping, its feels green and private, but it’s also paved, so no need for the mower back here.
As for sleep space, each of the three bedrooms feels bright and airy, made up of a large master with walk-in robe and ensuite, and two further robed bedrooms serviced by the spotless family bathroom.
Completing the package is a smartly presented kitchen and complementary laundry offering heaps of built-in storage, alongside a handy garden shed and double carport out front.
Leafy and peaceful, the property sits just across the road from a park and playground, while Parap Village Markets, Parap Pool and Fannie Bay’s beach are all within easy reach. And that commute into the city? That can be done in less than 10 minutes.
Be first in line to view this excellent property. Organise your inspection today.
Auction: 2nd October 2024 5:30pm ONSITE
Council Rates: Approx. $1,960 per annum
Area Under Title: 504 sqm
Year Built: 2002
Zoning: LR (Low Density Residential)
Pool Status: Compliant to Modified Australian Standard
Status: Vacant Possession
Building Report: Available on request
Pest Report: Available on request
Rent Appraisal: Approx. $800 - $850 per week
Settlement period: 30 days or on variation on request
Deposit: 10% or variation on request
Listing description written by Sascha Smithett, Real Estate Central — reproduced as published, not verified by Districts.
Nearby development applications are not loaded for this property.
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. This jurisdiction has no comparable official bond series in the free set.
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
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.