Albion Park Rail at a glance
6,900
People
$888,000
Median sale
$615/wk
Median rent
3.60%
Suburb gross yield
Median sale from 41 recorded sales (last 12 months) — a Districts calculation.
NSW › Albion Park Rail › Croome Rd
$665,000
Last sold
5 Sept 2024
3
Bedrooms
1
Bathrooms
2
Car spaces
558 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
$665,000
5 Sept 2024 · derived via latest_sale
Local land rate: recorded House sales in Albion Park Rail (last 5 years) with land size have a median of $1,505/m² of land (n=67). Districts calculation from recorded sales — not a valuation.
Albion Park Rail at a glance
6,900
People
$888,000
Median sale
$615/wk
Median rent
3.60%
Suburb gross yield
Median sale from 41 recorded sales (last 12 months) — a Districts calculation.
Vs Albion Park Rail
-25.1%
Median sale
Suburb $888,000
+1.21 pp
Gross yield
Suburb 3.60%
Suburb median $888,000 from 41 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 $615/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
Albion Park Rail at a glance
6,900
People
$888,000
Median sale
$615/wk
Median rent
3.60%
Suburb gross yield
Median sale from 41 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by First National Real Estate Coast & Country Kiama57 Croome Road is the perfect first renovation project for a shrewd buyer with friends in the trade or a quick turnaround for the seasoned investor.
Now in need of some love and attention, this property will be the perfect start point for the right buyer. The basics are all there but with some hard work, time and money you can add your own style rather than paying for someone else's. There are 3 bedrooms all with built in wardrobes, family bathroom, living room which opens into the kitchen dining room and an external laundry. The property sits on a level 558sqm block with gated side vehicular access to the rear yard and 7.8m x 7.7m freestanding brick double garage workshop which has the potential for multiple uses.
The property is on the edge on the western edge of this this sought after suburb, conveniently positioned for both primary and high schools, only a 5 minute drive to Albion Park Shopping Village and 8 minutes drive to Stockland Shellharbour. With Albion Park Rail being just off the M1 Pacific Highway giving easy access to Wollongong (25 minutes) or 60 minutes to the outskirts of Southern Sydney and only 15 minutes to Shellharbour beach or Shell Cove Marina.
• Renovation project
• Level 558sqm block, 15.48m frontage (approx)
• Side vehicular access to rear yard
• 7.8m x 7.7m freestanding double garage workshop
• 3 bedroom brick veneered home
Don't miss out, contact us today for more information.
Timed Auction Ending 5th September at 6PM - register on Realtair today.
Listing description written by Sam Lathbury, First National Real Estate Coast & Country Kiama — reproduced as published, not verified by Districts.
Also look at
15 Kauri St, Albion Park Rail NSW 2527
3-bed house for sale. Asking $915K–$925K.
U1, 33 Station Rd, Albion Park Rail NSW 2527
3-bed villa. Asking $839K.
7 Featherwood Pl, Albion Park Rail NSW 2527
3-bed house for sale. Asking $900K–$950K.
78 Maple St, Albion Park Rail NSW 2527
3-bed house for sale. Asking $929K–$979K.