Spring Farm at a glance
12,141
People
$1,137,000
Median sale
$755/wk
Median rent
3.45%
Suburb gross yield
Median sale from 75 recorded sales (last 12 months) — a Districts calculation.
NSW › Spring Farm › Reynolds St
$840,000
Last sold
26 Nov 2019
4
Bedrooms
2
Bathrooms
2
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
$840,000
26 Nov 2019 · derived via latest_sale
Spring Farm at a glance
12,141
People
$1,137,000
Median sale
$755/wk
Median rent
3.45%
Suburb gross yield
Median sale from 75 recorded sales (last 12 months) — a Districts calculation.
Vs Spring Farm
-26.1%
Median sale
Suburb $1,137,000
+1.22 pp
Gross yield
Suburb 3.45%
Suburb median $1,137,000 from 75 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 $755/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
UnknownNSW 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.
Area
Spring Farm at a glance
12,141
People
$1,137,000
Median sale
$755/wk
Median rent
3.45%
Suburb gross yield
Median sale from 75 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by McLaren Real EstateFull of custom-built extras, functionality and aesthetics, this unique four-bedroom family home has all you could want and more. Situated on a quiet, sunny family street, 56 Reynolds lies within proximity of various parks and reserves, as well as the Spring Farm shops, and not far from Spring Farm Primary School. With its attention to detail and desire not just to impress, but to provide for you and your family, 56 Reynolds is an entire tier above any similar properties.
Presenting a beautiful frontage with its manicured garden and lawn, and a maximum width colour through concrete driveway, you’ll be immediately drawn to one of this property’s most interesting features: the double garage. Inside extends further than first expected, completely decked out with a double mezzanine flooring and accompanying electric hoist with full lighting throughout. This is a handy-person's dream garage, with plenty of space for shelving, storage, work benches and whatever else your heart desires – cars included, of course!
The home itself maintains its spectacular fusion of presentation and practical design: 2.7 and 3.0 metre ceilings, long hallways, feature wall space and pendant lighting are your first greeters, as well as expertly fitted 600x600 tiling throughout, and custom upgraded extra-high doors. The master bedroom is the first stop down the main hallway - a front-facing room with fresh carpeting, ceiling fan and ducted air conditioning as regular comforts, whilst also providing a large walk-in with a variety of storage options, and attached ensuite. The ensuite is exceptionally kitted with large modern floor to ceiling tiling, large sleek vanity with slow close shaker cabinetry, and blessedly glassless shower nook with upgraded shower head. One further bedroom is located at the end of the hall, with the remaining two at the back end of the house, each featuring similar comforts of carpeting, ducted airconditioning, and double built-in wardrobes. It is worth noting that their is ducted airconditioning throughout the house with the inclusion of architectural linear grills in living areas.
At the end of the hall, opposite the garage, double linen and bedroom access you’ll find a lounge room area. This fantastic, unique design comes complete with wall mounted television and entertainment system access, as well as a top of the range Heat & Glo see through gas fireplace, which connects the lounge to the meals area. Due to its positioning, this area is private and serves as a relaxing break from the main hub of the house.
Located past the lounge, you will step up to find the open plan meals, family and kitchen spaces, which combine to form the core of 56 Reynolds. The kitchen features a 20mm waterfall Caesarstone island benchtop, complete with aesthetic square tapestry and twin basins, floor-to-ceiling slow close shaker cabinetry and pantry space, a 900mm Smeg stovetop and oven, Miele dishwasher and mirrored splashback. Accompanied by a huge open meals area and connected family space, you will no doubt be spending the majority of family life in and around these connecting spaces.
Lastly, before stepping outside, the bathroom which supplies the backend bedrooms comes similarly equipped to the ensuite, whilst also featuring a huge freestanding bathtub for extra style. The larger than average laundry, which resides next to it, features side access, wall to wall joinery and floor to ceiling tiling, as well as extra bench space and lots of shaker cabinetry for storage options.
Accessible just past the meals area through double sliding doors, the alfresco entertainment and further backyard are as exceptional as you may have come to expect. A covered and tiled alfresco entertainment area is kept comfortable by ceiling fan and functionally superior via cantilevered concrete BBQ bench with sink and storage, supplied by a natural gas Beef Eater BBQ for all your entertainment needs. 56 Reynolds back yard is fully landscaped and features multi-tiered gardening strips and increased privacy due to high fencing.
56 Reynolds is an exceptional, unique home that goes above and beyond to improve upon your quality of life. The thought and planning put into this property is evident, and you’d be crazy to not take advantage of this opportunity.
Other features include:
• Solid masonry retaining walls, recycled timber feature beams and columns
• Proximity to a number of reserves, parks and creeks, as well as suburb essentials such as shopping centre and school
• Curtains in lounge and dining spaces
• Fireplace
• Feature upgrades and top of the line craftsmanship throughout
• Daikin ducted air-conditioning throughout with architectural linear grills in living areas
Disclaimer:
All information contained herein is gathered from sources we deem to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.
Listing description written by Garth Muller, McLaren Real Estate — reproduced as published, not verified by Districts.