Picnic Point at a glance
6,663
People
$1,750,000
Median sale
$1,037/wk
Median rent
3.08%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
NSW › Picnic Point › Burbank Ave
$3,753,000
Last sold
6 Sept 2025
4
Bedrooms
3
Bathrooms
2
Car spaces
2,220 m²
Land
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
$3,753,000
6 Sept 2025 · derived via latest_sale
Local land rate: recorded House sales in Picnic Point (last 5 years) with land size have a median of $2,727/m² of land (n=54). Districts calculation from recorded sales — not a valuation.
Picnic Point at a glance
6,663
People
$1,750,000
Median sale
$1,037/wk
Median rent
3.08%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
Vs Picnic Point
+114.5%
Median sale
Suburb $1,750,000
-1.64 pp
Gross yield
Suburb 3.08%
Suburb median $1,750,000 from 37 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 $1,037/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
Picnic Point at a glance
6,663
People
$1,750,000
Median sale
$1,037/wk
Median rent
3.08%
Suburb gross yield
Median sale from 37 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Property Place AgencyDreams really do come true! We are incredibly proud to present to market, this monumental residence - a property that boasts an incredibly rare and unique opportunity.
Situated in one of the most tightly held and prestigious streets in our area, this landmark home is set on a sprawling 2,220sqm deep waterfront block, 20.15 metres wide, the land gently undulating to the banks of the Georges River.
With a deep water jetty and pontoon for mooring your boat, this incredible property offers a lifestyle unmatched in our area, with endless possibilities and potential.
Architecturally designed to complement the leafy natural setting, soaring timber cathedral ceilings frame the idyllic water views like an artwork, whilst making you feel like you are in a canopy among the gumtrees. The large solid full brick home with great bones and layout - provides a blank canvas - ripe for cosmetic updates to add your own style and to add value.
The epitome of relaxing and recreational living, this family home now becomes your weekend getaway trip and sanctuary, every day. Our owner's favourite feature, being the incredibly stunning sunsets, sparkling across the riverfront.
Let's take a closer look:
* Beautifully maintained waterfront residence of double brick construction
* Abundance of windows and doors capturing the serene outlook over the Georges River
* Cathedral ceilings above the main living area opening to a wraparound balcony and deck
* Updated kitchen across from a sunken formal dining area
* Total of four bedrooms; Main bedroom includes walk-in wardrobe, access to balcony and ensuite bathroom
* Three bathrooms plus powder room; Main bathroom equipped with built-in bathtub
* Lower-level rumpus room with a drinks bar perfect for entertaining
* Huge under house storage space, workshop and wet area offering potential for dual living set up
* Enchanting gardens cascade gently to the Georges River, complete with your own jetty and pontoon
* Choice of several outdoor entertainment areas across two levels
* Carport, single lock-up-garage and plenty of open space to house a caravan, a boat, bikes and utes
* Set on a park sized 2,200sqm block of land with a 20.15m frontage
* Endless Potential - to renovate, extend, add a boatshed, build your dream home or two separate freestanding homes (subject to council approval)
* Situated close to bush walking tracks, parks and picnic areas, highly regarded schools, shops and transport.
This is truly a once in a lifetime opportunity! Many families watch and wait for years, for properties of this calibre to come to market in our local area.
Is this the one you have been waiting for?
Details: Belinda Owsnett - 0417 433 313
Listing description written by Belinda Owsnett, Property Place Agency — reproduced as published, not verified by Districts.