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NSW › Riverstone › Castlereagh St

55 Castlereagh St, Riverstone NSW 2765

House

$1,460,000

Last sold

22 May 2026

3

Bedrooms

1

Bathrooms

1

Car spaces

1,012 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,460,000 (22 May 2026).(Recorded sale)
  • FactLand 1,012 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Riverstone (last 5 years) with land size: median $3,611/m² of land (n=90). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

$1,460,000

22 May 2026 · derived via latest_sale

Local land rate: recorded House sales in Riverstone (last 5 years) with land size have a median of $3,611/m² of land (n=90). Districts calculation from recorded sales — not a valuation.

Riverstone at a glance

13,311

People

$1,177,500

Median sale

$667/wk

Median rent

2.95%

Suburb gross yield

Median sale from 154 recorded sales (last 12 months) — a Districts calculation.

See the full Riverstone report →

Vs Riverstone

+24.0%

Median sale

Suburb $1,177,500

-0.57 pp

Gross yield

Suburb 2.95%

Suburb median $1,177,500 from 154 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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. Sold$1,460,00022 May 2026
  2. Listedprice unknowncompleted1 May 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 $667/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

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

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

Riverstone in one glance

Riverstone at a glance

13,311

People

$1,177,500

Median sale

$667/wk

Median rent

2.95%

Suburb gross yield

Median sale from 154 recorded sales (last 12 months) — a Districts calculation.

See the full Riverstone report →

Keep researching

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

Listing material

Listed by Ray White Schofields

SOLD 2ND WEEK ON THE MARKET BY RAY WHITE SCHOFIELDS | RIVERSTONE

Located just an 8 minute walk from Riverstone Train Station, this exceptional family residence presents a rare opportunity on a 1,012sqm parcel, complete with approved subdivision plans for 2 separate lots, perfect for investors, developers, or families seeking future potential. Offering space, flexibility, and convenience, this property is ideally positioned within close proximity to local shops, public transport, and quality schools, ensuring a lifestyle of ease and accessibility.

The existing home features spacious open plan living area, designed as the heart of the home, ideal for both entertaining guests and relaxing with family after a long day. Flowing seamlessly from here is the well appointed kitchen and dining space. The kitchen boasts ample cabinetry, stainless steel appliances, a gas cooktop, and generous bench space, making meal preparation both practical and enjoyable.

Accommodation comprises three well proportioned bedrooms, with built in wardrobes to bedrooms one and two, ensuring comfort and functionality for the whole family.

Read the full description

Stepping outside, the expansive backyard showcases the true value of this property. With approved subdivision plans already in place, it offers outstanding potential for future development, renovation, or investment making it an opportunity not to be missed.

Whether you're looking to move in, invest, or develop, this property combines immediate comfort with long term upside in a highly sought after location.

Features to love:

- Approved Plans for subdivison for 2 seperate lots | Lot 1 = 451.58 sqm, Lot 2 = 457.56 sqm approx. (Contact us for a copy of the stamped plans)

- Potential to Build 2 x House + Granny Flats (S.T.C.A.)

- Expansive 1,012sqm landholding with exceptional future potential

- Multiple spacious living zones, ideal for growing families

- Secure single car garage with additional driveway parking options

- LED downlights throughout the home

- Stylish timber floorboards

- Built in wardrobes

- Ceiling fans throughout for year round comfort

Contact us for a copy of the approved Subdivision plans!

Location highlights:

- 8 minute walk to Riverstone Train Station

- 7 minute walk to Riverstone Public School

- 9 minute drive to Tallawong Village and Metro Station

- 3 minute drive to Riverstone High School

- 10 minute drive to Schofields Village and Train station

- 10 minute walk to Riverstone Hotel

- 2 minute drive to Cranbourne Park

Disclaimer: All information contained herein is obtained from property owners or third-party sources which we believe are reliable. We have no reason to doubt its accuracy; however, we cannot guarantee it. All interested persons should rely on their inquiries.

Listing description written by Amit Kumar, Ray White Schofields — reproduced as published, not verified by Districts.

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.