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NSW › West Ryde › Parkes St

52 Parkes St, West Ryde NSW 2114

For saleHouse for Sale

$2,150,000

For sale

Asking

4

Bedrooms

2

Bathrooms

2

Car spaces

619 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $2,150,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $2,150,000(Listing record · 6 Apr 2026)
  • FactLand 619 m²; no building size recorded.(Property record)
  • CalculationAsk is 19% below the West Ryde median recorded sale ($2,640,500, n=26, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at West Ryde's advertised median rent ($633/wk), implied gross yield would be 1.53% — 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

$2,150,000

Asking · $3,473/m² of land

No recorded sale for this property.

West Ryde at a glance

14,095

People

$2,640,500

Median sale

$633/wk

Median rent

1.25%

Suburb gross yield

Median sale from 26 recorded sales (last 12 months) — a Districts calculation.

See the full West Ryde report →

Vs West Ryde

-18.6%

Median sale

Suburb $2,640,500

+0.28 pp

Gross yield

Suburb 1.25%

Suburb median $2,640,500 from 26 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$2,150,000
Stamp Duty (New South Wales)
$100,262
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
$2,254,129

$104,129 on top of the price (4.8% 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

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

Net yield
0.03%
Annual cashflow (pre-tax)
$-111,134
Interest cover (DSCR)
0.01
Annual rent
$32,916
Operating expenses
$32,250
Loan amount
$1,720,000
Annual interest
$111,800
Gross yield
1.53%

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$2,150,000available6 Apr 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 $633/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 1.5%. 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 Ryde in one glance

West Ryde at a glance

14,095

People

$2,640,500

Median sale

$633/wk

Median rent

1.25%

Suburb gross yield

Median sale from 26 recorded sales (last 12 months) — a Districts calculation.

See the full West Ryde report →

Keep researching

  • Why West Ryde? Read the area thesis →
  • What else is on the market in West Ryde →
  • Other records on Parkes St →

Listing material

Listed by Agency 1 Real Estate

Prime Corner Block – 619.05sqm in Blue-Chip West Ryde LMR Zone, duplex potential

Positioned in a tightly held and highly sought-after pocket of West Ryde, this exceptional corner parcel presents a rare opportunity for homeowners, investors, and developers alike.

Set on a generous 619.05sqm landholding, the property offers 13.54m frontage extending to approximately 45.72m in depth, with the added advantage of corner positioning, offering enhanced accessibility, flexibility in design, and strong future upside.

Zoned LMR (Low-Medium Residential), the site presents outstanding duplex development potential (STCA), making it an ideal acquisition for those looking to capitalise on the area’s continued growth and demand.

Read the full description

The property is a well-maintained and functional single-level home, offering immediate liveability or rental income while future plans are considered.

- Four well-proportioned bedrooms, including a master with private ensuite

- Multiple living zones comprising a spacious living/dining area plus separate family room

- Centrally located kitchen with adjoining laundry

- Main bathroom servicing additional bedrooms

- Covered outdoor entertaining deck, ideal for year-round use

- Carport with driveway access, accommodating multiple vehicles

- Generous yard space with excellent separation and usability

Key Highlights

- Expansive 619.05sqm corner block

- Highly desirable corner position – enhanced design flexibility

- LMR zoning with duplex potential (STCA)

- Existing home ideal for holding income or immediate occupancy

Conveniently located in walking distance to Top Ryde Shopping Centre, schools, parks, and transport, this property delivers both lifestyle appeal and strong development fundamentals.

An outstanding opportunity to secure a premium parcel with flexibility to live, invest, or redevelop in one of the area’s most consistently performing locations.

Listing description written by Ashritha Mani, Agency 1 Real Estate — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Deck
  • Fully Fenced
  • Rumpus Room
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.