Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

NSW › Mcmahons Point › Union St

44 Union St, Mcmahons Point NSW 2060

House

$12,600,000

Last sold

19 Oct 2024

5

Bedrooms

3

Bathrooms

2

Car spaces

1,878 m²

Land

506 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $12,600,000 (19 Oct 2024).(Recorded sale)
  • CalculationRecorded House sales in Mcmahons Point (last 5 years) with land size: median $15,092/m² of land (n=3). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

$12,600,000

19 Oct 2024 · derived via latest_sale

Local land rate: recorded House sales in Mcmahons Point (last 5 years) with land size have a median of $15,092/m² of land (n=3). Districts calculation from recorded sales — not a valuation.

Mcmahons Point at a glance

2,583

People

$4,800,000

Median sale

$850/wk

Median rent

0.92%

Suburb gross yield

Median sale from 5 recorded sales (last 24 months) — a Districts calculation.

See the full Mcmahons Point report →

Vs Mcmahons Point

+162.5%

Median sale

Suburb $4,800,000

-0.57 pp

Gross yield

Suburb 0.92%

Suburb median $4,800,000 from 5 recorded sales (last 24 months) — a Districts calculation, not a portal figure.

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. Sold$12,600,00019 Oct 2024
  2. Listedprice unknowncompleted29 Aug 2024

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 $850/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

Mcmahons Point in one glance

Mcmahons Point at a glance

2,583

People

$4,800,000

Median sale

$850/wk

Median rent

0.92%

Suburb gross yield

Median sale from 5 recorded sales (last 24 months) — a Districts calculation.

See the full Mcmahons Point report →

Keep researching

  • Why Mcmahons Point? Read the area thesis →
  • What else is on the market in Mcmahons Point →
  • Other records on Union St →

Listing material

Listed by DiJones Wahroonga

McMahons Point's largest privately owned estate

Considered to be one of the founding residences of the area and occupying the largest private landholding on close to 1900sqm, 'Kailoa' originally formed part of the 'Graythwaite' estate and was built circa 1885. The heritage listed home is firmly entrenched in the area's history and the current owners painstakingly transformed it over the last 20 years into the luxurious family home it is today.

From the wrought iron gated entry and sandstone foundations, one is immediately transported back into the grand past as you travel up the circular driveway and sweeping lawn and gardens to the character filled façade. Using techniques such as Flemish bond 9-inch brickwork and a Welsh slate roof imported from only one quarry in the world, this home spared no expense neither then nor now. The wide entry foyer under soaring 3.7m ceilings, features a stunning collection of arches and silk painted Venetian lighting which leads into an array of beautifully tailored rooms, each with their own unique design and dramatic flair.

The formal lounge is laid out in deep red and warm terracotta's featuring a marble fireplace, bay window and ceiling roses, while the sumptuous library is straight out of a novel with crystal chandelier and walls lined with books and curated pieces from all over the globe. Velvet curtains and lavish sitting areas only add to the intimate vibe, while large French doors connect to the wraparound sandstone terrace. Moving further into the home, we journey away from the past and into the now with a sundrenched, open plan living and dining space wrapped around a central courtyard which lets in the north facing sunshine. Complete with Oak herringbone floors and a chef's kitchen defined by a single slab of Super White dolomite stone, it is complete with Wolf appliances, butlers pantry and a Sub-Zero fridge. This iconic residence is finished by a 3,000-bottle temperature-controlled wine cellar and presents as an outstanding entertainer for the most discerning of buyers.

Read the full description

A truly unique masterpiece, comfort is assured with tri zoned ducted air conditioning throughout, gas converted original fireplaces, heated floors in all tiled areas and smart home automation in the form of video intercom and CCTV security cameras; all operated via smart phone. Stay fit in the home gym or 17m gas heated lap pool featuring glass mosaic Bisazza tiles.

The location is second to none with direct gated access to Shore prep school, cafes at the door and a brief 550m stroll to the station, North Sydney centre and 4km from Sydney's CBD.

- Kitchen with indoor - outdoor entertainment through sliding doors

- Open gas fire and Chinese Temple doors

- entertaining deck with heatstrips and built in gas outdoor BBQ

- Designer Wolf and Sub Zero kitchen with butler's pantry and Dolomite bench tops

- Open plan dining under 3.7m ceilings flows directly to sundrenched courtyard

- Private, Gas heated fully tiled 17m swimming pool

- Main bathroom features sunken honed limestone bathtub and double sinks

- Impressive master suite with fireplace, dressing room and deluxe marble ensuite

- Dedicated home office opens to terrace in warms tones for a conducive WFH space

- Security system with smartphone connected cameras, video intercom to gated entry

- Sonos surround sound throughout the house

- Ducted reverse cycle air conditioning throughout, spread over three separate zones

- Double carport plus additional off-street parking for up to 10 cars

- Prestigious location with walking distance from leading schools, 550m to rail and 4km to CBD

** Private Auction by Invitation **

Listing description written by Tim Fraser, DiJones Wahroonga — 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.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

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