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NSW › St Leonards › Herbert St

49/19-23 Herbert St, St Leonards NSW 2065

For saleApartment

$990,000–$1,080,000

For sale

Asking range

2

Bedrooms

2

Bathrooms

1

Car spaces

118 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $990,000–$1,080,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $990,000–$1,080,000(Listing record · 10 Aug 2026)
  • CalculationIf it leased at St Leonards's advertised median rent ($926/wk), implied gross yield would be 4.86% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$990,000–$1,080,000

Asking range · $8,390/m² of land

No recorded sale for this property.

St Leonards at a glance

8,249

People

No data

Median sale

$926/wk

Median rent

No data

Suburb gross yield

See the full St Leonards report →

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$990,000
Stamp Duty (New South Wales)
$38,962
Transfer/Registration Fee
$167
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,032,829

$42,829 on top of the price (4.3% extra)

  • Stamp Duty (New South Wales)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: New South Wales schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with St Leonards's advertised median rent — not a rent for this listing.

Net yield
3.36%
Annual cashflow (pre-tax)
$-18,178
Interest cover (DSCR)
0.65
Annual rent
$48,152
Operating expenses
$14,850
Loan amount
$792,000
Annual interest
$51,480
Gross yield
4.86%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

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. Listed$990,000–$1,080,000available10 Aug 2026

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 $926/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

Gross yield if leased at the suburb aggregate is 4.9%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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

St Leonards in one glance

St Leonards at a glance

8,249

People

No data

Median sale

$926/wk

Median rent

No data

Suburb gross yield

See the full St Leonards report →

Keep researching

  • Why St Leonards? Read the area thesis →
  • What else is on the market in St Leonards →
  • Other records on Herbert St →

Listing material

Listed by MyProperty - Epping

A LIFESTYLE OF COMFORT & CONVENIENCE IN HEART OF ST LEONARDS - TOTAL AREA OF 118m2

Open Home Inspection: Saturday 5/9/26 between 12.15 - 12.45 pm.

Perfectly positioned within a sought-after resort-style security complex, this impressive two-bedroom apartment presents an exceptional opportunity for first-home buyers, investors and those seeking a sophisticated low-maintenance lifestyle in one of Sydney's most tightly held locations.

Designed for comfort and effortless entertaining, the residence combines full-brick construction, generous proportions and an enviable east-facing aspect, with a superb winter garden balcony providing an inviting extension of the living space.

Read the full description

The gas kitchen features quality appliances, a dishwasher and excellent functionality, flowing seamlessly into the spacious open-plan living and dining area. Two full-sized bathrooms include a private ensuite to the master bedroom featuring a bath tub, while the internal laundry adds everyday convenience.

Enjoy the benefits of resort-style facilities within the complex, complemented by the invaluable addition of a lock-up garage.

Positioned just moments from St Leonards Station, shops, cafes, restaurants, Royal North-shore Hospital and everyday amenities, this is a property where lifestyle and convenience come together effortlessly.

HIGH POINTS

Established full brick apartment in popular security complex

Apartment located on Level 10 with sunny East-facing aspect

Huge house-sized apartment = 103m2

Security lock-up garage = 15m2

Spacious two-bedroom, two-bathroom security apartment

Desirable east-facing aspect with excellent natural light

Generous winter garden / entertainer's balcony

Full-brick construction offering quality and solidity

Functional gas kitchen with dishwasher

Master bedroom with private ensuite

Two bathrooms

Convenient internal laundry with clothes dryer

Secure building with resort-style facilities & on-site Building Manager

Highly convenient location moments from St Leonards Station

Close to shops, cafes, restaurants and local amenities

Close proximity to the Royal North Shore Hospital

Exceptional entry point into a prestigious Lower North Shore locale

A superb lifestyle opportunity in a blue-ribbon setting, this impressive apartment offers the perfect combination of space, security and convenience.

An absolute must to inspect - opportunities of this calibre in such a tightly held location are not to be missed.

NB: Every precaution has been taken to establish accuracy of the information but does not constitute any representation by the vendor or real estate agent. All interested parties should make their own inquiries as to its accuracy.

Listing description written by Peter Horozakis, MyProperty - Epping — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Ensuites: 1
  • Intercom
  • Living Areas: 1
  • Toilets: 2
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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