Grasmere at a glance
2,089
People
$2,587,500
Median sale
$370/wk
Median rent
0.74%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
NSW › Grasmere › Luscombe Rd
$1,512,000
Last sold
12 Feb 2017
5
Bedrooms
2
Bathrooms
2
Car spaces
3,135 m²
Land
318 m²
Building
Districts View
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
$1,512,000
12 Feb 2017 · derived via latest_sale
Local land rate: recorded House sales in Grasmere (last 5 years) with land size have a median of $570/m² of land (n=22). Districts calculation from recorded sales — not a valuation.
Grasmere at a glance
2,089
People
$2,587,500
Median sale
$370/wk
Median rent
0.74%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Vs Grasmere
-41.6%
Median sale
Suburb $2,587,500
+0.53 pp
Gross yield
Suburb 0.74%
Suburb median $2,587,500 from 8 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 $370/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
UnknownArea
Grasmere at a glance
2,089
People
$2,587,500
Median sale
$370/wk
Median rent
0.74%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by McLaren Real EstateWant to make the move to Grasmere? Then don’t miss your opportunity to view this thoroughly desirable, five bedroom home on just over 3000m2. This residence offers privacy and so much space, while being just minutes from the heart of Camden.
Situated on a wide sweeping corner block in Harben Vale Estate, with a walking track neighbouring one side of the property, this Masterton-built residence was created with families and entertaining in mind.
Indoors, the floor plan flows seamlessly from one room to the next allowing for complete family connectivity. A lovely formal living room overlooks the front gardens and dual entrance driveway, while the large family room, with access to the rear yard, is perfect for family time. Connecting these two spaces is a light-filled and open plan kitchen and dining zone featuring a stainless coffee/breakfast bar, ample cupboard space, tiled splashback, dual sink with built in water filter, caesarstone benchtops and quality stainless appliances.
Situated off the formal sitting room, the master suite features a bedroom-sized walk-in robe plus ensuite with floor to ceiling tiles and separate powder. A second living and formal dining area overlooking the pool is a lovely spot to simply pause and unwind.
At the other end of the home, three good-sized bedrooms all feature carpets and built-ins along with a large study which could be used as a fifth bedroom. The main bathroom is modern and roomy while the large laundry has direct access to the paved rear yard.
An abundance of outdoor entertaining awaits the new owners – a stylish alfresco off the meals area features a large outdoor fan and speakers for entertaining but the stunning in-ground pool and private cabana is one spot you’ll never want to leave! Featuring travertine tiles, heated spa, wading area for the kids plus modern glass fencing, dive in and enjoy or sit back and relax in the cabana with friends.
Low-maintenance gardens and sprawling rear lawns complete this thoroughly desirable home in this high-demand suburb. Council have also advised an additional 50m2 garage can be built or a granny flat with council approval.
Book your inspection today – first to view will want to secure.
Other features include
• 3135m2 block
• Rates $542 PQ (approx.)
• Built in 2007 by Masterton
• Downlights throughout
• Walk-in linen
• Ducted air conditioning
• Rheem instant hot water system
• Chlorine pool with sand filter
• Security intercom
• Dual entrance driveway plus separate side access
• DLUG with remote plus storage area
• Low maintenance concrete outdoor area – great for kids
• Wheelchair friendly
• Close to Cawdor and Mt Hunter Public Schools and Camden High School
• Minutes to Camden
Listing description written by Lincon McLaren, McLaren Real Estate — reproduced as published, not verified by Districts.
NSW 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.