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 › Thomas St
4
Bedrooms
2
Bathrooms
2
Car spaces
581 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Picnic Point (last 5 years) with land size have a median of $2,720/m² of land (n=55). 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.
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
UnknownArea
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 LJ Hooker PadstowRed Carpet Event | Wednesday 25th Feb at Revesby Workers Club (2B Brett St, Revesby) at 6:30pm. Registrations from 6:00pm.
Grevillea Cottage is the perfect fusion of country charm and contemporary comfort, set on approximately 581sqm with a generous 15.24m frontage. Framed by a classic bullnose veranda, this beautifully updated tri-level cottage instantly feels like home. From the moment you arrive, the warmth, character and thoughtful modern upgrades set the tone for a property that delivers far more than first impressions suggest.
Designed for real living, the home offers multiple living zones and a versatile layout ideal for growing families, multi-generational living or those seeking in-law accommodation options. The substantial land size and wide frontage unlock genuine potential for a duplex development or a granny flat (STCA), positioning this property as both a lifestyle buy and a strategic investment. Located within the highly regarded Picnic Point Public School catchment, the address adds further long-term appeal.
Outdoors is where Grevillea Cottage truly excels. An entertainer's haven, the rear of the property opens to jarrah decking, a covered patio and a sparkling saltwater in-ground swimming pool. A separate pool house or teenage retreat enhances flexibility, while level lawns and landscaped gardens provide space to relax, entertain and enjoy. This is a home that works hard for your lifestyle today - with clear upside for the future.
Key Features:
- Approx. 581sqm land holding with wide 15.24m frontage
- Charming bullnose veranda with timeless country appeal
- Modernised tri-level cottage with multiple living spaces
- Versatile layout with in-law accommodation potential
- Duplex or granny flat potential (STCA)
- Jarrah rear decking and covered outdoor entertaining patio
- Saltwater in-ground swimming pool with separate pool house/retreat
- Plantation shutters, skylights, laundry chute & underfloor heating in main bathroom
If you want character, flexibility and future value - Grevillea Cottage stands apart.
Disclaimer: All information contained herein is gathered from sources we believe reliable. We have no reason to doubt its accuracy, however we cannot guarantee it. All interested parties should make and rely upon their own enquiries.
Listing description written by David Loaney, LJ Hooker Padstow — reproduced as published, not verified by Districts.
NSW 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.