Lurnea at a glance
11,035
People
$1,190,000
Median sale
$577/wk
Median rent
2.52%
Suburb gross yield
Median sale from 38 recorded sales (last 12 months) — a Districts calculation.
$1,140,000
Last sold
18 Nov 2023
3
Bedrooms
1
Bathrooms
4
Car spaces
708 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
$1,140,000
18 Nov 2023 · derived via latest_sale
Local land rate: recorded House sales in Lurnea (last 5 years) with land size have a median of $1,753/m² of land (n=72). Districts calculation from recorded sales — not a valuation.
Lurnea at a glance
11,035
People
$1,190,000
Median sale
$577/wk
Median rent
2.52%
Suburb gross yield
Median sale from 38 recorded sales (last 12 months) — a Districts calculation.
Vs Lurnea
-4.2%
Median sale
Suburb $1,190,000
+0.11 pp
Gross yield
Suburb 2.52%
Suburb median $1,190,000 from 38 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 $577/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
Lurnea at a glance
11,035
People
$1,190,000
Median sale
$577/wk
Median rent
2.52%
Suburb gross yield
Median sale from 38 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Professionals Paradise Realty CasulaPrime Development, Live-in, and Investment Opportunity on a 708m² Block!
Attention investors, developers, and those seeking a comfortable place to call home! This is a rare opportunity you won't want to miss. Nestled on a spacious 708 square meter block with just under a 22-meter frontage, this property is a true gem with R3 medium density zoning, offering a world of possibilities.
Property Highlights:
Location, Location, Location: This property boasts a prime location with easy access to playing fields, newly completed Phillips park, shopping centres, cafes, and a convenient bus route to Liverpool. Plus, it's just moments away from the M5 motorway, ensuring you're well-connected to the city and beyond.
Charming 3-Bedroom Home: While the home is in need of a little tender loving care, it's certainly presentable and ready for your personal touch .The freshly painted 3-bedroom home is not just a residence; it's an opportunity to enjoy a comfortable and spacious living space. The open-plan design includes a cozy living area, a dining space, and a functional kitchen with natural gas cooktop plus large covered alfresco area
Generous Garaging and Car accomodation: For the handy tradies and DIY enthusiasts, a substantial garage with 3-phase power is ready to accommodate your projects. Whether you're a hobbyist or a professional, this space is a dream come true. There is even potential side access for the boat, trailer or caravan. In addition to the garage, there's a large double tandem carport, providing ample parking space for multiple vehicles, giving you the flexibility you need.
Development Potential: With its R3 medium density zoning, this property opens up a world of possibilities for astute investors and developers. Consider the potential for townhouses, dual occupancy, or terraces (subject to council approval) to maximize the value of this prime piece of real estate. And, don't forget the option to create a granny flat to increase rental income or accommodate extended family members.
This is a versatile property that offers a unique blend of development potential, a comfortable living space, and an opportunity for investment. The home is waiting for your personal touch to make it shine, and the development opportunities are boundless. Don't let this opportunity slip through your fingers!
Listing description written by Stuart Zullo, Professionals Paradise Realty Casula — reproduced as published, not verified by Districts.