Milperra at a glance
5,044
People
$1,570,000
Median sale
$950/wk
Median rent
3.15%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
NSW › Milperra › Newland Ave
$1,350,000
Last sold
3 May 2021
4
Bedrooms
2
Bathrooms
1
Car spaces
551 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
$1,350,000
3 May 2021 · derived via latest_sale
Local land rate: recorded House sales in Milperra (last 5 years) with land size have a median of $2,374/m² of land (n=67). Districts calculation from recorded sales — not a valuation.
Milperra at a glance
5,044
People
$1,570,000
Median sale
$950/wk
Median rent
3.15%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Vs Milperra
-14.0%
Median sale
Suburb $1,570,000
+0.51 pp
Gross yield
Suburb 3.15%
Suburb median $1,570,000 from 27 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 $950/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
Milperra at a glance
5,044
People
$1,570,000
Median sale
$950/wk
Median rent
3.15%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by McLaren Real EstateYou won’t find a more conveniently placed home than this – within walking distance of various reserves, golf clubs and a preschool; and a mere moment’s drive to Western Sydney University and the M5. 38 Newland Avenue is a four-bedroom home for those families with a little bit extra. It boasts a fully renovated second storey, as well as a potential dual living with an abundance of opportunity. Full classic Aussie charm, you’ll simply love the sunny, family-friendly atmosphere of 38 Newland
Past its neat frontage, impressive gardening opportunities and imposing brick & timber presence, 38 Newland Avenue opens to a gorgeous, spacious home with a welcoming display foyer. Tall ceilings and impactful tiling create a comfortable, easy-living aesthetic. The home’s bottom floor is dedicated to its deep garage with interior access; combined laundry and bathroom with shower, toilet and large bench space; linen press and under stair storage, as well as in-law accommodation.
This space is made up of a front-facing bedroom with carpeting and wall-spanning triple built-in wardrobe, open plan and spacious living and games room areas for daily living purposes, and an out-of-the-way kitchenette, for a comprehensive package, making it a perfect entertainer. Just beyond here lies the home’s low-maintenance backyard with spacious paved entertaining area; large, gated saltwater pool with poolside bathing space; and a small, private yard with plenty of gardening opportunities running along its perimeter.
38 Newland Avenue has a spectacularly renovated second storey, fully self-sufficient, and comfortable. It consists of stunning timber flooring and a sweeping raked ceiling framing a central, spacious lounge and dining area, all kept breathable and bright through plenty of natural lighting and ducted air conditioning. Balconies can be found at both the front and back end of the home, providing the perfect places to relax with a cup of tea in the morning.
The kitchen features plenty of cabinetry, stone benchtops, a step-in pantry, 600mm Westinghouse induction cooktop, CHEF multifunction oven and a breakfast bar with easy service to dining and balcony spaces. The bedrooms, which sit together along the main hall, feature ducted air conditioning, with the spacious master additionally offering a walk-in wardrobe. They are all supported by the super spacious main bathroom with its floor to ceiling tiling and clean white & blue aesthetic, built-in jet spa bath, large corner shower and light/heat/fan functions.
Centrally located within proximity to local shops, WSU Bankstown making it the perfect convenient location.
38 Newland Avenue is a conveniently located home with a lot to offer. Versatile and beautiful, you’d be crazy to pass on this recently renovated stunner. Call McLaren Real Estate today.
Other features include:
• Land size – 551 square metres
• Recently renovated
• Proximity to preschool, parks, M5 and Western Sydney University
• Saltwater pool
Disclaimer:
All information contained herein is gathered from sources we deem to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.
Listing description written by Bernard Menassa, McLaren Real Estate — reproduced as published, not verified by Districts.