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NSW › West Pennant Hills › Larissa Ave

5 Larissa Ave, West Pennant Hills NSW 2125

For saleHouse for Sale

$2,250,000–$2,350,000

For sale

Asking range

5

Bedrooms

3

Bathrooms

2

Car spaces

761.8 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $2,250,000–$2,350,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $2,250,000–$2,350,000(Listing record · 30 June 2026)
  • FactLand 762 m²; no building size recorded.(Property record)
  • CalculationAsk is 12% below the West Pennant Hills median recorded sale ($2,550,000, n=95, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at West Pennant Hills's advertised median rent ($850/wk), implied gross yield would be 1.96% — 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

$2,250,000–$2,350,000

Asking range · $2,954/m² of land

No recorded sale for this property.

West Pennant Hills at a glance

16,553

People

$2,550,000

Median sale

$850/wk

Median rent

1.73%

Suburb gross yield

Median sale from 95 recorded sales (last 12 months) — a Districts calculation.

See the full West Pennant Hills report →

Vs West Pennant Hills

-11.8%

Median sale

Suburb $2,550,000

+0.23 pp

Gross yield

Suburb 1.73%

Suburb median $2,550,000 from 95 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

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

Purchase Price
$2,250,000
Stamp Duty (New South Wales)
$105,762
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
$2,359,629

$109,629 on top of the price (4.9% 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 West Pennant Hills's advertised median rent — not a rent for this listing.

Net yield
0.46%
Annual cashflow (pre-tax)
$-106,550
Interest cover (DSCR)
0.09
Annual rent
$44,200
Operating expenses
$33,750
Loan amount
$1,800,000
Annual interest
$117,000
Gross yield
1.96%

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$2,250,000–$2,350,000available30 June 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 $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

Gross yield if leased at the suburb aggregate is 2.0%. 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

West Pennant Hills in one glance

West Pennant Hills at a glance

16,553

People

$2,550,000

Median sale

$850/wk

Median rent

1.73%

Suburb gross yield

Median sale from 95 recorded sales (last 12 months) — a Districts calculation.

See the full West Pennant Hills report →

Keep researching

  • Why West Pennant Hills? Read the area thesis →
  • What else is on the market in West Pennant Hills →
  • Other records on Larissa Ave →

Listing material

Listed by Louis Carr West Pennant Hills

Stylish Attention to Detail: Low Maintenance Lifestyle, High Convenience Location

With attractive street appeal in a blissfully quiet, leafy pocket, this sensational tri-level residence assures practical style and absolute convenience. Refreshed with high attention to detail and sleek contemporary updates, this is a beautiful home crafted with a commitment to creating a low maintenance, easy living lifestyle for the modern family of all ages and stages.

With a sunny aspect and leafy surrounds, this immaculate offering will whisk you away from suburbia but is ultimately convenient to the M2 city bus services, Cherrybrook Station, Coonara Shopping Village and Castle Towers. Zoned for sought-after Carlingford High School and West Pennant Hills Public and well located for prestigious private and selective schools, the Kings & Tara bus is just moments' walk away for the ultimate in daily convenience.

The practical floor plan uses masterful split-level design and offers limitless flexibility to create a way of living best suited to your own needs. A light-filled formal lounge and dining room, plus family dining and a further enormous rumpus, guarantee this home comfortably accommodates shared quality time and relaxed solitude. With high ceilings, on-trend flooring, ducted air-conditioning, neutral schemed fresh paint and oversized windows, this residence has been maintained and updated with meticulous attention to detail.

Read the full description

Bringing escapism to the everyday, the sensational master suite is of excellent size and has a generous walk-in wardrobe, contemporary ensuite bathroom and leafy street views. Three further bedrooms are well-sized, have sunny aspects and excellent storage, and share an enormous bathroom with corner bath. The ground floor of the home offers a fifth bedroom with brand new bathroom, which is ideal for multi-generational living, separate guest accommodation or for a home-based business to operate where the privacy of your main home is protected during trade.

Sure to impress, the brand new kitchen is equal parts functional and designer style. With stone benches with waterfall end, eat-in breakfast bar, quality stainless-steel appliance suite including Westinghouse dishwasher, Kleenmaid oven and gas cooktop with wok burner, feature sink, generous workspaces and huge pantry, it will undoubtedly exceed the rigours of busy family life. Views over the private backyard and to the entertainers' courtyard add further appeal.

Mature gardens and excellent privacy ensure this is a leafy retreat for families of all ages. The large, paved area provides a great place to dine or enjoy the sunshine whilst fully enclosed yards add peace of mind for families. Completing this 'turnkey' residence is a double garage with auto doors, laundry, burglar alarm, 6.5kW solar panels, double side access for a vehicle and much, much more.

Lovingly maintained, well-presented and demonstrating contemporary flair, there is nothing to do but move in and begin the West Pennant Hills life you've always aspired to. Thoughtfully designed for family life, this show-stopping residence is a rare opportunity to secure your future in a family-oriented community with outstanding access to all amenities.

Disclaimer: This advertisement is a guide only. Whilst all information has been gathered from sources we deem to be reliable, we do not guarantee the accuracy of this information, nor do we accept responsibility for any action taken by intending purchasers in reliance on this information. No warranty can be given either by the vendors or their agents.

Listing description written by Jennifer Carr, Louis Carr West Pennant Hills — reproduced as published, not verified by Districts.

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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.