Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

NSW › Dundas Valley › Simpson St

31 Simpson St, Dundas Valley NSW 2117

For saleHouse

$1,900,000–$1,960,000

For sale

Asking range

$1,920,000

Last sold

30 Aug 2024

3

Bedrooms

1

Bathrooms

1

Car spaces

325 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,900,000–$1,960,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,900,000–$1,960,000(Listing record · 9 July 2026)
  • FactLand 325 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Dundas Valley (last 5 years) with land size: median $2,944/m² of land (n=35). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 1% above the Dundas Valley median recorded sale ($1,890,000, n=42, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Dundas Valley's advertised median rent ($718/wk), implied gross yield would be 1.97% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$1,900,000–$1,960,000

Asking range · $5,846/m² of land

Last recorded sale $1,920,000 (30 Aug 2024).

Local land rate: recorded House sales in Dundas Valley (last 5 years) with land size have a median of $2,944/m² of land (n=35). Districts calculation from recorded sales — not a valuation.

Dundas Valley at a glance

5,820

People

$1,890,000

Median sale

$718/wk

Median rent

1.98%

Suburb gross yield

Median sale from 42 recorded sales (last 12 months) — a Districts calculation.

See the full Dundas Valley report →

Vs Dundas Valley

+0.5%

Median sale

Suburb $1,890,000

-0.01 pp

Gross yield

Suburb 1.98%

Suburb median $1,890,000 from 42 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$1,900,000
Stamp Duty (New South Wales)
$86,512
Transfer/Registration Fee
$167
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,990,379

$90,379 on top of the price (4.8% extra)

  • Stamp Duty (New South Wales)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: New South Wales schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Dundas Valley's advertised median rent — not a rent for this listing.

Net yield
0.47%
Annual cashflow (pre-tax)
$-89,964
Interest cover (DSCR)
0.09
Annual rent
$37,336
Operating expenses
$28,500
Loan amount
$1,520,000
Annual interest
$98,800
Gross yield
1.97%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

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

202420252026$1.92m$1.9m
  • Sold (recorded)
  • Asking price (not a sale)
  1. Listed$1,900,000–$1,960,000available9 July 2026
  2. Sold$1,920,00030 Aug 2024
  3. Listedprice unknowncompleted7 Aug 2024

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 $718/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

Gross yield if leased at the suburb aggregate is 2.0%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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

Dundas Valley in one glance

Dundas Valley at a glance

5,820

People

$1,890,000

Median sale

$718/wk

Median rent

1.98%

Suburb gross yield

Median sale from 42 recorded sales (last 12 months) — a Districts calculation.

See the full Dundas Valley report →

Keep researching

  • Why Dundas Valley? Read the area thesis →
  • What else is on the market in Dundas Valley →
  • Other records on Simpson St →

Listing material

Listed by Melrose Estate Agents Ryde

DOUBLE BRICK & CONCRETE CONSTRUCTION!!

Perfectly designed for modern family living, this brand-new residence combines generous proportions, quality finishes, and a practical floorplan in a peaceful pocket of Dundas Valley. Offering four spacious bedrooms, multiple indoor and outdoor living areas, this home is ideal for growing families seeking comfort, style, and convenience.

The light-filled open-plan living and dining area flows effortlessly to a covered alfresco, creating the perfect space for year-round entertaining. At the heart of the home, the contemporary kitchen features a large island bench, quality appliances, ample storage, and a walk-in pantry.

The versatile floorplan includes a ground-floor bedroom and full bathroom, ideal for guests, extended family or a home office. Upstairs, the oversized master suite boasts a walk-in wardrobe, private ensuite and private balcony, while two additional bedrooms are serviced by a stylish family bathroom.

Read the full description

Property Features

- Double brick construction with a suspended concrete slab and concrete stairs

- Flexible floorplan with downstairs bedroom and full bathroom

- Spacious open-plan living and dining area

- Covered alfresco perfect for year-round entertaining

- Modern kitchen with island bench, walk-in pantry and quality appliances

- Master suite with walk-in robe, ensuite and private balcony

- Three contemporary bathrooms with quality finishes

- Single lock-up garage with internal access

- Low-maintenance yard ideal for families

Location & Lifestyle

- Approx. 450m to Dundas Park

- Approx. 1.2km to Dundas Public School

- Approx. 1.7km to St Patrick's Marist College

- Approx. 2.2km to Dundas Light Rail Station

- Approx. 2.8km to Carlingford Court Shopping Centre

- Approx. 3.1km to Carlingford Village

- Approx. 5.5km to Parramatta CBD

- Approx. 6.5km to Westfield Parramatta

- Easy access to Eastwood, Carlingford, Parramatta and major arterial roads

Listing description written by Ahmad Malas, Melrose Estate Agents Ryde — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Alarm System
  • Balcony
  • Built-in Robes
  • Dishwasher
  • Ducted Cooling
  • Ducted Heating
  • Ensuites: 1
  • Floorboards
  • Intercom
  • Remote Garage
  • Secure Parking
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.