Grasmere at a glance
2,089
People
$2,587,500
Median sale
$370/wk
Median rent
0.74%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
4
Bedrooms
2
Bathrooms
5
Car spaces
4,347 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 Grasmere (last 5 years) with land size have a median of $570/m² of land (n=22). Districts calculation from recorded sales — not a valuation.
Grasmere at a glance
2,089
People
$2,587,500
Median sale
$370/wk
Median rent
0.74%
Suburb gross yield
Median sale from 8 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 $370/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
Grasmere at a glance
2,089
People
$2,587,500
Median sale
$370/wk
Median rent
0.74%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White PictonWelcome to your new home - a stunning Masterbuilt home that epitomises modern comfort. Nestled on a generous 4347m2 block, this superb four bedroom residence offers space and style.
Step inside to a formal entry that leads you into a generously sized open plan living and dining area. This home boasts four well appointed bedrooms, each with built-in-robes and ceiling fans. The main bedroom is a true retreat, featuring a walk-in-robe and private ensuite complete with its own bath. Convenience is key with a three way main bathroom, strategically positioned to serve the remaining bedrooms. A separate study provides an ideal home office set up, perfect for today's flexible work from home lifestyle, or an optional fifth bedroom.
The kitchen is a chef's delight, featuring a dishwasher, abundant storage options including a spacious pantry, and generous bench space for meal preparation. An adjacent dining area ensures seamless serving and family gatherings, making this kitchen both practical and inviting.
For those who enjoy leisure and relaxation, the rumpus room offers a perfect retreat. This versatile space features a well-appointed bar, ideal for hosting gatherings or unwinding after a long day. An additional WC enhances convenience for guests and residents.
Enjoy year round comfort with four zone ducted air conditioning. The 6kW solar panels enhance energy savings while reducing your environmental footprint. Other features include downlights throughout, security cameras and alarm.
Sliding doors effortlessly blend indoor and outdoor living. The large covered outdoor entertaining area, complete with a ceiling fan, overlooks the sparkling inground pool - perfect for those upcoming warm Summer days.
A substantial approx. 9m x 7m shed with power provides ample space for all your storage needs, hobbies, or workshop projects. Complementing this is a versatile approx. 3.4m x 4m shed with power and air conditioning, perfect for additional storage. The property itself sits on a sprawling 4347m² parcel of land, offering an abundance of grassy space for your personal use. Whether you envision a lush garden, space for children to play, or room for recreational activities.
This home truly offers the best of both worlds - luxurious living in a tranquil setting. Make it yours today!
Contact Kevin O'Mara 0414 771 303 for more information.
Please note that any enquiries without a phone number will not be responded to.
Disclaimer: Whilst every effort is taken to ensure the accuracy of this listing, we accept no responsibility for errors or omissions. We encourage you to seek your own independent legal and / or financial advice prior to making any commitment or decision.
Listing description written by Mitchell Heath, Ray White Picton — reproduced as published, not verified by Districts.