Kanwal at a glance
4,254
People
$855,500
Median sale
$630/wk
Median rent
3.83%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
NSW › Kanwal › Craigie Ave
$670,000
Last sold
27 July 2023
2
Bedrooms
1
Bathrooms
2
Car spaces
679 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
$670,000
27 July 2023 · derived via latest_sale
Local land rate: recorded House sales in Kanwal (last 5 years) with land size have a median of $1,262/m² of land (n=131). Districts calculation from recorded sales — not a valuation.
Kanwal at a glance
4,254
People
$855,500
Median sale
$630/wk
Median rent
3.83%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
Vs Kanwal
-21.7%
Median sale
Suburb $855,500
+1.06 pp
Gross yield
Suburb 3.83%
Suburb median $855,500 from 26 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 $630/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
Kanwal at a glance
4,254
People
$855,500
Median sale
$630/wk
Median rent
3.83%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Laing+Simmons ErinaWhether you're a first home buyer looking to enter the property market or an investor seeking a smart addition to your portfolio, this property has the potential to fulfill your dreams and aspirations. This delightful 2-bedroom home, built in the 1970s, is waiting to welcome you in the heart of Kanwal.
Nestled on a 679 Sqm corner block, this property offers endless potential. The generous land size presents an excellent opportunity for those considering to add a granny flat, expanding your options, and boosting your investment income, subject to council approval.
Features of this home include:
• Two well-appointed bedrooms, perfect for a couple, small family, or guests.
• A comfortable living area, providing a relaxing space to unwind and entertain.
• A functional kitchen with ample storage and potential for customization.
• A charming backyard, offering a peaceful retreat or space for outdoor activities.
• Convenient car parking available on the property.
Location Highlights:
• Prime position in Kanwal, offering easy access to local amenities, schools, and transport options.
• Just a stone's throw away from Kanwal Public School, providing excellent educational opportunities for families.
• Proximity to the private and public hospital, ensuring convenience and peace of mind for healthcare needs.
• Enjoy the convenience of nearby shopping centres, cafes, and restaurants.
• Embrace the beauty of nature with parks, recreational facilities, and scenic landscapes just a short distance away.
Don't miss this fantastic opportunity! Contact us today to arrange an inspection or to learn more about this wonderful property.
Sale Disclaimer
We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
Listing description written by Lachlan Pilkington, Laing+Simmons Erina — reproduced as published, not verified by Districts.