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NSW › Malabar › Nix Ave

38 Nix Ave, Malabar NSW 2036

For saleHouse

$1,962,000

For sale

$1,962,000

Last sold

26 Oct 2019

3

Bedrooms

2

Bathrooms

2

Car spaces

626 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

This is on the market — is it worth your time?

Why this ask?

  • FactListed for sale — no asking price recorded(Listing record · 21 Aug 2026)
  • FactLand 626 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Malabar (last 5 years) with land size: median $6,630/m² of land (n=8). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationIf it leased at Malabar's advertised median rent ($525/wk), implied gross yield would be 1.39% — 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

$1,962,000

26 Oct 2019 · derived via latest_sale

Local land rate: recorded House sales in Malabar (last 5 years) with land size have a median of $6,630/m² of land (n=8). Districts calculation from recorded sales — not a valuation.

Malabar at a glance

4,896

People

No data

Median sale

$525/wk

Median rent

No data

Suburb gross yield

See the full Malabar report →

Total cost to purchase

Purchase Price
$1,962,000
Stamp Duty (New South Wales)
$89,922
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
$2,055,789

$93,789 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

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

Net yield
-0.11%
Annual cashflow (pre-tax)
$-104,154
Interest cover (DSCR)
-0.02
Annual rent
$27,300
Operating expenses
$29,430
Loan amount
$1,569,600
Annual interest
$102,024
Gross yield
1.39%

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

  1. Listedprice unknownavailable21 Aug 2026
  2. Sold$1,962,00026 Oct 2019
  3. Listedprice unknowncompleted25 Sept 2019

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 $525/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

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

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

Malabar in one glance

Malabar at a glance

4,896

People

No data

Median sale

$525/wk

Median rent

No data

Suburb gross yield

See the full Malabar report →

Keep researching

  • Why Malabar? Read the area thesis →
  • What else is on the market in Malabar →
  • Other records on Nix Ave →

Listing material

Listed by Ray White Eastern Beaches

Sophisticated Coastal Living With Resort-Inspired Entertaining

Designed as a luxurious home for the modern family, this new high-calibre residence delivers a refined coastal lifestyle just metres from the ocean. Streamlined open-plan living is anchored by a designer kitchen and flows seamlessly to an alfresco entertainer's terrace, where a heated swimming pool, water feature and outdoor shower create a private resort-style setting. Upstairs, the master suite offers a private sanctuary, while a dedicated cinema room and versatile loft provide flexible retreat spaces. Finished with a layered palette of premium materials, smart home technology and exceptional attention to detail, the home is quietly positioned within a breezy coastal walk of Malabar Ocean Pool, parklands, Randwick Golf Club and Little Bay Beach.

- High-quality new build with concrete slabs across each level

- Expansive living zones with soaring 3.5m ceilings and custom joinery

Read the full description

- Designer gas kitchen with premium appliances and oversized island bench

- Five bedrooms with built-in robes, three with private ensuites and a separate media room

- Luxurious master suite with walk-in robe and ensuite

- Four bathrooms plus an additional ground-floor powder room

- Glass bi-fold doors opening to a covered barbecue terrace with built-in bar

- Heated swimming pool with water feature and outdoor shower

- Smart home automation including keyless entry, alarm system, LED lighting and air conditioning

- 10kW solar panel system with inverter

- Three external security cameras covering the home's perimeter, two cameras for the interior

- Auto gates, garage with internal access

Listing description written by Nader Hotait, Ray White Eastern Beaches — reproduced as published, not verified by Districts.

Districts

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

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