Grays Point at a glance
3,138
People
$1,865,000
Median sale
$1,027/wk
Median rent
2.86%
Suburb gross yield
Median sale from 22 recorded sales (last 12 months) — a Districts calculation.
NSW › Grays Point › Hovea Pl
$1,885,000
Last sold
15 May 2025
5
Bedrooms
3
Bathrooms
2
Car spaces
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
$1,885,000
15 May 2025 · derived via latest_sale
Grays Point at a glance
3,138
People
$1,865,000
Median sale
$1,027/wk
Median rent
2.86%
Suburb gross yield
Median sale from 22 recorded sales (last 12 months) — a Districts calculation.
Vs Grays Point
+1.1%
Median sale
Suburb $1,865,000
-0.03 pp
Gross yield
Suburb 2.86%
Suburb median $1,865,000 from 22 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 $1,027/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
Grays Point at a glance
3,138
People
$1,865,000
Median sale
$1,027/wk
Median rent
2.86%
Suburb gross yield
Median sale from 22 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Laing+Simmons MirandaLocated in a quiet cul-de-sac with delightful leafy views, this recently refreshed, large family home with five good-sized bedrooms & multiple living areas would be ideal for year-round entertaining.
With an inviting landscaped entrance, a formal living area captures the northerly sun. A second family room adjoins the perfectly positioned, fully appointed kitchen with dining area. This leads out to a covered deck for easy outdoor dining, while also overlooking the sparkling saltwater, solar-heated pool and sun deck.
The home enjoys good-sized bedrooms all with BIR's. Two of the bedrooms have ensuites, the main with a fun double shower to share, while there is also a main bathroom with spa bath.
But wait, there's more with a large, private games room featuring a pool table, bar and fireplace - this space would provide enjoyment for all your family & friends. A studio/workshop under the back deck could make an excellent gym or home office, while at the rear of the block a concrete hardstand gives the opportunity for more outdoor fun & games. Additional features include ducted system air conditioning, LPG gas heating and a double carport for off-street parking.
Wake to birdsong in the morning, as the home overlooks Savilles Creek creating an adventure playground for all to enjoy. Ideal for a large or growing family, an inspection is sure to surprise and delight a family looking for a house to call home.
Rates: $509/QTR approx. Water: $170/QTR EST.
Land Size: 576sqm approx.
+ Well-maintained, recently refreshed five-bedroom home
+ Formal living area plus additional family room
+ Well-positioned, fully appointed kitchen
+ Covered outdoor deck leads to saltwater pool
+ Great private rumpus room with pool table, bar and fireplace
+ Five good-sized bedrooms, two with ensuites, main bathroom with spa bath
+ Downstairs workshop, storage and studio area; internal laundry
+ Double carport, ducted system air conditioning, ceiling fans, LPG gas heating & alarm system
+ Popular Grays Point, 1.5km approx. to primary school, in Kirrawee High School Catchment Area
Listing description written by Peter Green, Laing+Simmons Miranda — reproduced as published, not verified by Districts.