Kareela at a glance
3,667
People
$1,826,000
Median sale
$1,133/wk
Median rent
3.23%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
NSW › Kareela › Mercedes Pl
$1,920,000
Last sold
29 June 2024
4
Bedrooms
2
Bathrooms
3
Car spaces
682.9 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
$1,920,000
29 June 2024 · derived via latest_sale
Local land rate: recorded House sales in Kareela (last 5 years) with land size have a median of $2,678/m² of land (n=61). Districts calculation from recorded sales — not a valuation.
Kareela at a glance
3,667
People
$1,826,000
Median sale
$1,133/wk
Median rent
3.23%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Vs Kareela
+5.1%
Median sale
Suburb $1,826,000
-0.16 pp
Gross yield
Suburb 3.23%
Suburb median $1,826,000 from 17 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 $1,133/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
Kareela at a glance
3,667
People
$1,826,000
Median sale
$1,133/wk
Median rent
3.23%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Sanders Property AgentsExperience tranquillity in this split-level home offering breath-taking reserve bush views. Embrace seamless indoor-outdoor living, perfect for both relaxation and entertainment. Start your day surrounded by the serene beauty of nature and unwind on the deck overlooking the verdant landscape. Located near parks and trails, this home provides an ideal balance of comfort and convenience.
Features:
- Carpeted living room with abundant natural light, featuring a study nook and a modern split air-conditioning system for ultimate comfort and convenience.
- Elegant dining room seamlessly flows onto a covered entertaining decking area, offering breath-taking bush views and the serene ambiance of birds chirping for an enchanting experience.
- Recently renovated kitchen with Bosch appliances including an oven and electric cooktop, complete with a dishwasher ensuring modern functionality and style.
- Expansive bathroom boasting a spacious shower, floor-to-ceiling tiles, and a generously sized vanity for a luxurious and comfortable experience.
- Master bedroom includes an ensuite with a shower and floor-to-ceiling tiles, while also boasting a walk-in wardrobe, offering ample storage and organization space for added convenience.
- Three additional carpeted bedrooms, two of which are east facing, each equipped with built-in wardrobes for ample storage and functionality.
- Inviting covered outdoor area with a stunning hardwood deck seamlessly extending from the living and dining spaces, offering an east-facing orientation for delightful morning sun.
- Refreshing large saltwater pool, complete with an eco-friendly pump featuring three settings. Bask in the sun's warmth throughout the day for endless enjoyment and relaxation right in your backyard.
- Embrace sustainable living with vegetable garden beds equipped with an irrigation system, accompanied by a three-stage compost bin set and a worm farm, ensuring a bountiful harvest and eco-friendly gardening practices right at home. Enhancing this green haven are dwarf apple & citrus trees, adding orchard charm to your sanctuary.
- Additional features include a double garage and single carport, security screened windows and doors throughout, LED lighting in most areas, a study for productive workspace, a 6000L rainwater tank, solar panels for energy efficiency, and a wine cellar with ample storage space.
Water Rates: $171 (approx.)
Council Rates: $490 (approx.)
Land Size: 682.9sqm
Auction Details: 29th June | Onsite @ 12pm
Listing description written by Andrew Bloom, Sanders Property Agents — reproduced as published, not verified by Districts.
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