Potts Point at a glance
7,872
People
$6,500,000
Median sale
$750/wk
Median rent
0.60%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
NSW › Potts Point › Kellett St
$3,450,000
Last sold
26 Sept 2025
9
Bedrooms
7
Bathrooms
1
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
$3,450,000
26 Sept 2025 · derived via latest_sale
Potts Point at a glance
7,872
People
$6,500,000
Median sale
$750/wk
Median rent
0.60%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
Vs Potts Point
-46.9%
Median sale
Suburb $6,500,000
+0.53 pp
Gross yield
Suburb 0.60%
Suburb median $6,500,000 from 5 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 $750/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
UnknownArea
Potts Point at a glance
7,872
People
$6,500,000
Median sale
$750/wk
Median rent
0.60%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Richardson & Wrench Elizabeth Bay / Potts PointAn extraordinary opportunity in an iconic setting, the coming-to-market of this expansive Kellett St terrace is a rare event, offering a significant chance for transformation by the astute new owner. Spanning 2 large levels and currently configured as a substantial commercial premises, it holds valuable mixed-use zoning and DA approval for conversion to a residential dwelling. Whether you envision a spectacular private home, dynamic live/work residence, or fantastic investment with high return the potential here is immense.
Set in a street renowned for its rich dining and entertainment history and now undergoing an refined revival, this terrace offers impressive scale and versatility. Behind its classic Victorian façade, expansive interiors flow to a sunny N-facing courtyard with rear lane access and off-street parking - an ideal canvas for crafting a refined city-fringe sanctuary. With soaring ceilings, gracious formal rooms and heritage features throughout, the home's charm and volume offer superb scope for a grand family residence of distinction.
The approved DA illustrates a stylish modern residence with generous living zones, spacious bedrooms and all contemporary amenities. Its flexible layout also leaves room for further reconfiguration, with potential for creative, hospitality or gallery use (STCA). A rare find in one of Sydney's most iconic locales, it's positioned just steps to transport, the harbour foreshore, Macleay St dining, and the CBD - ready for its next chapter as a remarkable home or inspired mixed-use address.
- DA-approved to transform into vast private home
- Rare height limit of 12m for potential development STCA
- Gracious formal rooms, ideal for living, entertaining
- Expansive interiors soaring ceilings, period details
- Rear lane access to N-facing courtyard and parking
- Mixed-use zoning, flex residential/commercial options
- Character Victorian façade, balcony, leafy outlook
- Huge layout invites customised home reconfiguration
- Rare chance for a grand home in tightly held Kellett St
- Great for gallery, restaurant, bar, creative use (STCA)
- Set in a storied street now undergoing vibrant renewal
- Steps to Kings Cross trains, shops, dining, foreshore
- Walk to Macleay St, CBD, parks, Woolloomooloo
- An incredible chance to secure a landmark terrace
- Rare blend of scale, zoning, in a blue-chip location
- Exciting scope to craft unique urban lifestyle address
In Conjunction With Metro Commercial
Allan Levy 0400 999 888
Listing description written by Jason Boon, Richardson & Wrench Elizabeth Bay / Potts Point — reproduced as published, not verified by Districts.
NSW 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.