Austinmer at a glance
2,668
People
$1,740,000
Median sale
$900/wk
Median rent
2.69%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
NSW › Austinmer › Asquith St
$1,280,000
Last sold
18 Nov 2016
3
Bedrooms
2
Bathrooms
4
Car spaces
575 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
$1,280,000
18 Nov 2016 · derived via latest_sale
Local land rate: recorded House sales in Austinmer (last 5 years) with land size have a median of $3,084/m² of land (n=29). Districts calculation from recorded sales — not a valuation.
Austinmer at a glance
2,668
People
$1,740,000
Median sale
$900/wk
Median rent
2.69%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Vs Austinmer
-26.4%
Median sale
Suburb $1,740,000
+0.97 pp
Gross yield
Suburb 2.69%
Suburb median $1,740,000 from 11 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 $900/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
Austinmer at a glance
2,668
People
$1,740,000
Median sale
$900/wk
Median rent
2.69%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by One Agency Denison-Pender & PropertyBetween 1962 and 1977, this innovative building company headed by two architects Brian Pettit and Ron Sevitt, brought to the Australian domestic architectural scene, simple functional elegant modernist design. The brand is respected and remembered and still desired by those wanting to live with architectural simplicity. Simple lines and functionality sit proudly with this home, ideally located in a beautiful bush setting between the mountain and the sea. The company Pettit and Sevitt have had resurgence and have now re-launched their range of sustainable wonderful homes.
Polished blue gum floors feature throughout this home. The original Spinner fire will warm your winters as you sit and stare into the flames from any point in the lounge. Cool summer breezes gently pass through keeping a relaxed feel. All living is on one level and the home is elevated into the trees. Underneath is an artist studio of 70 square metres with glass walls looking into rainforest, and the flooring has been paved using recycled bricks.
The double front doors open onto a deck among the trees, walking through this beautiful space; you are met with a serene feeling. The open nature of the living area flanked by windows, lets light in gently and evenly. Start and finish your day with Lyre birds and other gentle forest treats. Cross the road and head into the escarpment via the Gibson Track. This 1.5km gentle loop walk through tall eucalypt trees will freshen your senses - great for a family to enjoy. For the more adventurous, you can take the more challenging bushwalk of the Sublime Lookout track - 14km of rugged trek.
The home is clad in Western red cedar and has copper guttering as well as exposed beams extending throughout. The adjoining creek is lined with local rock and beautiful recycled brick paved paths wind their way to the home. The balconies provide private areas to be at one with nature. This home will entice the fussiest of Austinmer buyers.
For more information on Pettit and Sevitt please visit - http://www.pettitandsevitt.com.au/
Listing description written by Kane Downie, One Agency Denison-Pender & Property — reproduced as published, not verified by Districts.