Narellan at a glance
3,675
People
$1,116,000
Median sale
$668/wk
Median rent
3.11%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
NSW › Narellan › Richardson Rd
$750,000
Last sold
10 Aug 2022
3
Bedrooms
1
Bathrooms
1
Car spaces
613 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
$750,000
10 Aug 2022 · derived via latest_sale
Local land rate: recorded House sales in Narellan (last 5 years) with land size have a median of $1,517/m² of land (n=73). Districts calculation from recorded sales — not a valuation.
Narellan at a glance
3,675
People
$1,116,000
Median sale
$668/wk
Median rent
3.11%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
Vs Narellan
-32.8%
Median sale
Suburb $1,116,000
+1.52 pp
Gross yield
Suburb 3.11%
Suburb median $1,116,000 from 19 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 $668/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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
Narellan at a glance
3,675
People
$1,116,000
Median sale
$668/wk
Median rent
3.11%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by McLaren Real EstateEnjoying an exceptionally convenient, family-friendly location which places it within walking distance of Narellan Town Centre, local childcare, and amenities such as tennis courts and Narellan library, 38 Richardson Road is the perfect home for a growing family. This three-bedroom property offers a lot of value so be sure to get in quick.
Past a good-sized frontage, 38 Richardson Road opens to a simple, yet effective interior design that lends itself well to a charming family atmosphere. The immediate presence of the spacious front-facing lounge room and dining room spaces provides an additional sense of comfort.
The kitchen is particularly long, and sits central to the home, encouraging plenty of daily interaction. It enjoys plenty of bench space and cabinetry, alongside a 600mm Westinghouse cooktop and oven, plus dishwasher. The family room is located just a step past the kitchen, making keeping an eye on the kids that much easier.
Bedrooms each feature double mirrored built-in wardrobes with storage options and extra connections. They are supplied by the two-piece main bathroom with its floor-to-ceiling tiling and built in shower/tub with upgraded tapware and wall niche.
38 Richardson Road also boasts a large and versatile timber-decked alfresco, perfect for all kinds of arrangements. It looks out over a sizable backyard, the kind that all growing families desire, and it comes with additional gated side access and paved driveway for extra vehicle storage.
For more information on this excellent property, contact McLaren Real Estate today.
Features include:
• Land size – 607 square metres
• Walking distance to Narellan Town Centre, tennis courts, Narellan Library, childcare
• Large, gated side access with long paved driveway for extra vehicle storage
• Large timber-decked alfresco and sizable backyard
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 Garth Muller, McLaren Real Estate — reproduced as published, not verified by Districts.