Picnic Point at a glance
6,663
People
$1,750,000
Median sale
$1,037/wk
Median rent
3.08%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
NSW › Picnic Point › Apex Ave
$1,765,000
Last sold
23 May 2025
5
Bedrooms
4
Bathrooms
2
Car spaces
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
$1,765,000
23 May 2025 · derived via latest_sale
Picnic Point at a glance
6,663
People
$1,750,000
Median sale
$1,037/wk
Median rent
3.08%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
Vs Picnic Point
+0.9%
Median sale
Suburb $1,750,000
-0.02 pp
Gross yield
Suburb 3.08%
Suburb median $1,750,000 from 37 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 $1,037/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
Picnic Point at a glance
6,663
People
$1,750,000
Median sale
$1,037/wk
Median rent
3.08%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Property Place AgencyPresenting this brand-new five (5) bedroom luxury family home of utmost prestige and class. Boasting an opulent design whilst maintaining the functional layout required for a comfortable family lifestyle. Positioned in a highly convenient location, you're just mere moments from local schools, shops and train stations.
No detail has been overlooked in its construction as this home truly has it all. Featuring two (2) bedrooms with ensuites, walk-in wardrobes and private balconies, ideal for multi-generational living. Its expansive open-plan flows out to an entertainer's alfresco, promoting indoor/outdoor living. There is a dedicated study with built-in desk and storage, the perfect space to work from home or for the kids to complete homework. This remarkable home redefines family living.
Attributes Include:
* 5 generous bedrooms all equipped with built-in wardrobes with 1 located downstairs
* Master suite features a luxurious ensuite, freestanding bath, walk-in robe & balcony
* 2nd bedroom at the rear featuring a private ensuite, walk-in wardrobe & balcony
* Open-plan living & dining areas adorned with beautiful herringbone floorboards & built-in TV unit
* Sliding doors retract to an alfresco area with built-in BBQ, sink & bar fridge plus grass area
* Gourmet kitchen with integrated fridge, Miele gas appliances, dishwasher, stone benchtops & butler's kitchen
* 4 luxurious bathrooms with floor-to-ceiling tiles, floating vanities, fluted glass showers & Japanese toilets
* Dedicated study zone with built-in desk & cabinetry for an organised workspace
* Internal laundry room with Miele washer & dryer plus ample built-in storage
* Single garage with automatic door, internal access & view-in window feature
* Daikin ducted air-conditioning throughout to keep comfortable year-round
* Video intercom, LED lighting, under glow staircase, skylights & gold finishes
* Stylish & cohesive built-in cabinetry throughout promoting continuity & functionality
* Extremely low-maintenance living with perfectly manicured landscaping
* 250m walk to Picnic Point High School & 450m to Picnic Point Public School (approx.)
* 2.1km to Panania shopping village, for all your shopping needs (approx.)
* 2.4km to Revesby Train Station (approx.), for convenient transportation that boasts free parking station & the express train service to Central Station
For more information, please do not hesitate to contact the exclusive listing agents Dean Owsnett & Sarah Sevdalis.
Listing description written by Dean Owsnett, Property Place Agency — reproduced as published, not verified by Districts.